The Internet has changed the way many professional services firms market themselves and service clients. The financial services industry has been slow to adopt cutting-edge technologies and contemporary marketing techniques.

Our guest for this episode of New Rules of Investing Radio is Michel Kitces, a renowned speaker, consultant and writer about the entire financial planning business.

We discuss* a generational issue keeping many advisors from really understanding social media* why advisors should be using social media even if it never brings a single new client in* why effective use of social media poses no real compliance issues* how early adopting advisors are prospecting online and how it's working

Thanks for joining us on the New Rules of Investing Podcast -- where investment businesses grow. You can find this podcast on iTunes or on my blog, www.newrulesofinvesting.com -- archives are available as well. Let us know what's working for you and any ideas for future shows you'd like to see.