Social media...why bother?

SOCIAL MEDIA

clock •

The term social media is banded around freely, but what does it mean for companies and consumers? Robert Hughes-Penny, investment director at Rathbones, offers his take.

Hands up: who uses social media? The chances are you have you arm in the air – metaphorically at least – right now. The fact is most of us nowadays use social media regulary, be it Linkedin, Facebook, Twitter or YouTube. These sites alone have a combined membership of well in excess of one billion people, but the list could go on. Have you ever heard of Badoo, Vkontakte or Qzone? These sites have, amazingly, all been launched in the past two years and have 147 million, 167 million and 536 million active users respectively. In itself, the rise of these sites goes some way to explain the a...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

News editor's view: The devil in the Budget detail

News editor's view: The devil in the Budget detail

The news editor's Friday Night Takeaway from 30 October

Isabel Baxter
clock 30 October 2026 • 2 min read
What's spooking financial advisers this Halloween?

What's spooking financial advisers this Halloween?

Experts share what's keeping the profession awake this spooky season

Professional Adviser
clock 30 October 2026 • 4 min read
Feel Good Friday: CISI urges financial planners to give 'one hour' to upcoming Financial Planning Week

Feel Good Friday: CISI urges financial planners to give 'one hour' to upcoming Financial Planning Week

Event takes place January 2027

Professional Adviser
clock 30 October 2026 • 1 min read