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2We knew it was coming.

On May 2, Raymond James Financial and Commonwealth Financial announced they would soon begin allowing their financial advisors to interact with and engage in conversations with others on Facebook, Twitter, LinkedIn and blogs. Instead of “static” updates which had to be pre-approved and commenting is turned off, advisors would be able to post tweets, updates and comments in real time.

And now, Morgan Stanley Smith Barney will allow a test group of 600 of their wealth management advisors to connect and interact with clients and prospects via Twitter. This as reported by Larry Barrett for OnWallSteet last Wednesday.