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Hearsay Wins Best Social Media Technology Award from WealthManagement.com

October 5, 2016

WealthManagement Industry Award trophyFor the second consecutive year, we are proud to announce we’ve won WealthManagement.com’s Industry Award for Best Social Media Technology.

The WealthManagement.com Industry Awards is the only awards program to honor outstanding achievements by companies and organizations that support financial advisor success. Fifty-nine awards were given out to 48 companies from among this year’s 122 finalists. In all, more than 400 nominations were received.

Envestnet was the big winner of the night, receiving four awards. Charles Schwab and Pershing each walked away with three awards, while eMoney, Fidelity, First Rate and TD Ameritrade each came away with two. Among the other well-known names receiving awards were BlackRock, Edward Jones, J. P. Morgan, John Hancock, MetLife, Morningstar, Raymond James and Transamerica.

Winners were judged based on quantitative measures of their initiatives – such as scope, scale, adoption and feature set – along with qualitative measures such as innovation, creativity and new methods of delivery.

In its winners’ overview of Hearsay, WealthManagement.com noted: “Hearsay Social offers advisors a specialized suite of tools to take the guesswork out of advisors’ social media efforts. The firm’s tools combines predictive analytics with traditional social media networking tools to help advisors deliver targeted content to customers and prospects through a range of channels.”

David Armstrong, WealthManagement.com editor-in-chief and awards program chair, said in a press announcement: “The role of the financial advisor has changed dramatically. They are no longer transaction-oriented sales people, but independent-minded, key partners guiding their clients’ financial affairs. As such, an entire ecosystem of firms and businesses has grown to support their efforts. Our awards program recognizes outstanding achievement, innovation and leadership among those firms.”

Check out the slideshow gallery of all the 2016 WealthManagement.com winners, and congratulations to those who brought home hardware! For a list of Hearsay award wins over the years, visit our awards page.

Connie Sung Moyle

Senior Manager, Corporate Communications

Connie Sung Moyle leads global public relations, analyst relations and content for Hearsay.

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