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Hearsay Social Named to CNBC Disruptor 50 List of Innovative Companies

Technology company recognized for empowering financial professionals to reach and engage with clients through social media and mobile-optimized advisor websites

May 12, 2015 – San Francisco – Hearsay Social, provider of the Predictive Social Suite for financial advisors and insurance agents, today announced that it was named to the third annual CNBC Disruptor 50, a ranked list of the country’s most ambitious and innovative companies changing the economy and overall business landscape.

Hearsay Social was recognized for developing disruptive technology that enables financial professionals to intelligently and efficiently engage clients through social media and their advisor websites in a compliant manner. It was selected from more than 350 nominated companies, which were ranked based on CNBC’s proprietary blend of quantitative and qualitative inputs.

CNBC.com’s special report, disruptor50.cnbc.com, features an in-depth profile of Hearsay Social, an explanation of how CNBC chose and ranked the companies on the list, and a robust line-up of stories exploring the technologies today’s business decision makers need to know in addition to explaining how investors can profit from disruptive trends. CNBC will also track Hearsay Social’s progress as a Disruptor throughout the coming year.

Within the past year, Hearsay Social has experienced tremendous growth domestically and abroad while maintaining nearly a 100 percent customer renewal rate. More than 100,000 advisors and agents use Hearsay Social to develop a strong social presence, build relationships with their clients and prospects, and ultimately increase business. Financial institutions such as New York Life, Raymond James and Penn Mutual enable their agents and advisors to use Hearsay Social to reach and engage current and prospective clients.

“We are honored to be named a CNBC Disruptor and to be among so many innovative companies that are truly challenging the status quo across nearly every industry,” said Hearsay Social co-founder and CTO Steve Garrity. “We wouldn’t be here without the support of our customers and partners who recognize the need to modernize the way they communicate and manage relationships with today’s digital, always-on consumer.”

Hearsay Social recently expanded its offerings to include the Predictive Social Suite. This is the first complete platform of its kind, making it easy for advisors to centrally leverage Web, social, and mobile technologies to meaningfully engage with customers and prospects anytime, anywhere.

The company also recently launched its Curated Content Channels offering to provide advisors with high-quality content from around the Web, predictively culled according to customer theme and category requests. This ensures that advisors are more findable online while staying top of mind through a consistent stream of relevant, industry-compliant content, which they can tailor and easily share across Facebook, LinkedIn, Twitter, Google+ and their respective advisor websites.

To understand more about what makes Hearsay Social so disruptive, please visit www.hearsaysocial.com and the Hearsay Social blog.

About Hearsay Social

Hearsay Social provides the Predictive Social Suite for financial advisors and insurance agents across the world’s largest financial institutions, including seven of the top 10 global financial services companies and leading firms such as New York Life, Raymond James, Vanguard and Penn Mutual. Hearsay Social powers more than 100,000 financial relationship managers worldwide, allowing them to engage today’s social, mobile customer through Facebook, LinkedIn, Twitter, Google+ and mobile-first websites. Advisors receive unique client insights through multi-channel signals, and the predictive Content Library makes it easy to share the right content at the right time. Built-in enterprise integration and governance powers compliance and supervision for global firms, seamlessly addressing industry regulations and enforcing policy.

Hearsay Social is a SIFMA strategic partner, LIMRA Elite Strategic partner, GAMA partner and Efma Associate Partner, and has raised $51 million from Sequoia Capital, NEA and private investors. Named one of the Best Places to Work in the Bay Area in 2015, the company is headquartered in Silicon Valley with dedicated local presences in New York, Chicago, Atlanta, Austin, Toronto, London, Paris, Munich and Hong Kong.

Hearsay Social Blog: https://hearsaysocial.com/blog

Facebook: https://facebook.com/hearsaysocial

Twitter: https://twitter.com/hearsaysocial

LinkedIn: http://linkedin.com/company/hearsay-social

Google+: http://plus.google.com/+HearsaySocial

 

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