BrightScope, a leading provider of independent financial information and investment research, has partnered with Arkovi, a financial services social media solution for archiving and compliance, to help investment professionals use social media safely and to help them store, monitor and analyze content.
“Social media has pervaded every aspect of our lives. Unfortunately, the current financial-services compliance paradigm has made it difficult for the average financial advisor to effectively use this powerful medium,” said Mike Alfred, CEO and co-founder of BrightScope, in a statement. “That’s why we partnered with Arkovi — we want to make it easier and safer for financial advisors to engage in social media in a truly authentic, non-prepackaged way.”
Arkovi CEO Blane Warrene said in the same statement that BrightScope “has already proven to be a tremendous advocate for transparency in the financial services industry by providing easy to understand information for investors on their 401(k) plans and financial advisors.” With Arkovi’s “powerful archiving technology, financial advisors that use BrightScope Advisor Pages can now activate Arkovi at the click of a button and engage in meaningful social media interactions with peace of mind.”