39 Financial Advisor Marketing Ideas That Rock


  • Need to come up with some really awesome ideas for your practice?
  • Stuck in a rut with your marketing?
  • Need a kick in the rear to get going?

I’ve been working with financial advisors as a Business Coach since 2004. I love the industry and the work that intelligent, client-focused advisors do with and for their clients. I have a passion for marketing and promotion as well as coaching advisors on how to build their business, get productive, brand the benefits they offer, and play a much bigger game.


Financial Advisors Need Ideas for MarketingIn this article I will be giving you a BLUEPRINT for how to get active marketing your practice using 39 ideas! I am giving away many secret goodies!!!! So get ready for the good stuff.


Don’t know how to market

I have found that most advisors don’t know how to market themselves. Marketing is not a skill that is taught! It’s easy to be the technician in your business doing the day to day work you do with managing client review meetings, investing client portfolios, and answering client questions.

It’s much more difficult to go out there day to day and market the heck out of what you do for clients, not to mention learning how to highlight the benefits clients receive. In this article I am going to give you a ton of GREAT ideas that you can use to build your practice.

What is the difference between marketing and prospecting?

The only difference between marketing and prospecting is that prospecting is ACTIVE rather than PASSIVE. With marketing, you have a message, you put it out there and you wait for someone to bite. With prospecting, the actions are very ACTIVE: You are talking to people, picking up the phone, meeting people, and stepping out of your comfort zone. Prospecting requires your constant attention.

This is what I’ll be covering in this epic 3000 + word blog post

  • What you’ll need BEFORE you actively market and promote your practice
  • Definition of marketing and prospecting
  • Two basic strategies for prospecting for new clients
  • How much time you should spend marketing
  • 39 marketing tactics for both strategies
  • Action plan
  • Creating goals
  • Tips to implement these strategies and tactics
  • Daily/weekly activities you should be engaged in


Are you passionate about helping clients?

I offer up this free information because I am passionate about the industry and helping advisors build a valuable practice. My hope is that you will use this information to provide excellent service and benefits to your clients.  When you are passionate about what you’re doing, good things happen. If you are in it for a quick buck, success will elude you.

What I want for you: A prosperous practice and a comfortable life

There’s work to do so let’s get going!

Marketing Sales GraphWhat you’ll need

  • LinkedIn profile – well written and professional.
  • 30 second commercial focusing on the benefits of financial planning. See this “how to” article to create your own elevator speech.
  • Professionally branded brochure and matching business card
  • Professional website (you can start with a template website for ease and simplicity, but I recommend going to a custom site within one to two years).
  • Thank you cards
  • Email newsletter

How much time should you spend marketing?

Length of time in years  Time spent marketing

0-3                                                          75%

4-5                                                          50%

6+                                                           25%

You’ll notice that even if you have been in business six plus years, you will still have spend 25% of your time marketing your firm. This means time actually doing it, not time getting ready to do it.  In my coaching practice I have seen advisors make big plans for marketing.  It is the follow through and implementation that counts.  Not just the planning.


What is marketing and prospecting?

  • It is the LIFEBLOOD of any thriving practice
  • It is a PROACTIVE process as opposed to reactive
  • It is a CONSTANT and well planned effort

What are the main strategies to market and prospect for new clients?

  • Grow your practice through people you know: existing clients, centers of influence, friends, relatives
  • Grow your practice through people you don’t know: strangers, those who have never heard of you, new contacts


39 Marketing and Prospecting Ideas

39 Marketing IdeasHere’s the good stuff! Get ready for a long exhaustive list of marketing tactics and ideas that will give you exposure to new clients, new prospects, and bigger success.

Section 1: Marketing to people you know

It is much easier to develop ideas to market to people you know versus those you don’t know. Referrals from your clients and strategic partners will be pre-sold and eager to get started working with you. This is a great area of focus!

Marketing to existing clients

(1) Provide EXCELLENT SERVICE – create a client service matrix

There’s nothing like providing a raving fan experience for your clients. When working with me, some advisors want to jump straight ahead and find new clients rather than paying attention to the ones they already have.  In order to receive referrals from your existing clients, you must be WORTHY of referrals. so make sure your service is exemplary.


(2) Master referral conversations

After you are providing excellent service to your existing clients, you can take the step to ask for referrals on a regular basis. Asking for referrals is not as simple as just asking. You need to incorporate finesse in the way you ask. One way to do this is to master referral conversations.

65% of high income wealth managers ask clients for referrals an average of FOUR times annually

Having a script doesn’t mean you should recite it like a robot. Using a script just helps you to practice asking in a natural manner that is authentic for you. Practice makes perfect. When you practice and the opportunity presents itself, you will be MORE POLISHED. See this resource for How to Have a Referral Conversation


(3) Send out a service survey

Sending a survey helps you determine what products and services your clients want you to provide. It shows that you WANT to be their “go to” financial person. Don’t be surprised if you find out you’ve made some missteps along the way. Take the opportunity to make it right for the client. In your survey, you can also glean some important information that will help you market to people you don’t know. See below.


(4) Create a client call list

This goes back to service. When was the last time you picked up the phone and called your clients for no reason at all? How about to check in on them and find out if there’s anything you can do for them? Even if you don’t get them on the phone, leave a message and that will count towards a “client touch” that demonstrates excellent service.  As you become better with service, you can also use this as an opportunity to ask for a referral.


(5) Send a three letter referral campaign

This is one of my favorites! Send three referral letters two months apart. You can focus on three different issues; you can focus on what’s going on in your practice; or you can tie in an event to coincide with the sending of one of your letters. No matter what you decide, each letter is subtle and positions you as the helpful advisor at the ready for your clients – the person they can count on.

An example of this is:

Letter one – follow up letter after a Client Review meeting – review the action items from the meeting. End the letter with a well worded request for referrals.

Letter two – advertise your upcoming client appreciation event. Close the letter with a request that your clients bring a friend or relative.

Letter three – the third letter is always positioned as an educational piece meant to demonstrate the life changing situations that would warrant a referral to you. Births, deaths, divorces, job changes, business owners selling a business, and much more. This is where you show all the life altering events that signify a movement of money.


Need prospecting help? Check out my Prospecting Coaching Program

I specialize in Prospecting Coaching to help YOU develop a targeted Prospecting Plan to acquire new clients. Request a Consultation today!


Winte Tasting Client Appreciation Event(6) Client Appreciation Events – at least one per quarter

If you’ve never held a client appreciation event before, now is your chance to plan out your next year’s events. I recommend one event per quarter, but if you are just beginning to have events, you can start with two per year.  The key to this tactic is to ask your clients to bring a friend or relative. In the beginning you will be introducing this tactic. As time goes by, you will focus more on the “bring a friend” component. Review this resource for Appreciation Events.


(7) Conduct a Client Review Meeting – ask for a referral

In your quarterly review meetings you tend to cover wide ranging issues and concepts that demonstrate commitment to your clients. At the end of such a meeting, ask for a referral. Make sure you use an agenda that the client can follow along with. At the bottom of the agenda, include “Introductions” as a point to review. This tactic can be used in tandem with referral conversations and a three letter campaign.


(8) Leverage Centers of influence

I’m not going to go into how to get referrals from other professional advisors except to say that you should be getting them. If you are not, have an earnest conversation with your COI’s and explain that referrals seem to be one way and not reciprocated.  Explain your expectations. Create some accountability. If you are still not getting referrals, STOP referring and find someone else who is good at what they do and WILL reciprocate.


Section 2: Marketing to people you don’t know

Developing ideas to attract people you don’t know is much more difficult than targeting those you do know. You will have to hone your message and prove your skills before this strategy can pay off. This is where a professional brand and website is CRUCIAL to your success.

Direct Mail Lists –purchased

Find Your Target AudienceI have a few companies I use for obtaining mail lists that I recommend to my clients. Defining who your audience is and having the right message is essential. Make sure you have your mailer professionally designed. In order to garner the attention of busy people, your message should be directed at the end users’ needs and it should GET THEIR ATTENTION. Always have a strong call to action in several locations on your mailer. I recommend postcards over letters, but it all depends on the message and the audience. Direct mail is not a onetime thing. It must be repeated for best results.

(9) Zip code based mail lists

– send a mailer to a zip code based selection of homeowners in your area.

(10) Affluence based mail lists

– send a mailer based on affluence and level of investible assets. The key to success is to have a client attraction device or custom written report meant for this group. Your mailer should direct recipients to a specific page on your website where they can claim a free report that addresses their top concerns. There are many GREAT ways of doing this, but you’ll have to hire me to find out 🙂

(11) Niche based mail lists

– send a mailer to a niche such as women investors, divorced women, or widowed women. This group is vastly under served and has distinct needs. Think of other niches that could benefit from your offer. Take a look at your book and see which niche markets you are already working with as a starting point.

(12) Industry based mail lists

– this is similar to a niche list except that industry lists are based on professions or occupations and can be a rich treasure field if you know how to leverage the opportunity. Once again, the message is crucial as is the call to action.

Mail Lists – you compile yourself

(13) Business Journal – book of lists – target a niche

– your city’s business journal publishes a book of lists annually detailing the top businesses in many different niche categories. Use this tool to develop your own mail list.

(14) Business Journal – new business listings

– use the weekly listing of new businesses in your business journal to compile a mailer to companies that may need your services.

(15) Direct mail letter to business owners – with a follow up phone call

– purchase a list or compile it yourself and send a mailer to business owners. Entrepreneurs are a rich niche for financial advisors because you can help them in many different ways: help with their defined contribution plans; help with their non qualified plans; help investing the profits of the business; assist with obtaining key person insurance; help with wealth management of their personal assets. After you send your mailer, follow up with a phone call and watch this tactic get great results!

Business Networking

Marketing IdeasIn my workshops speaking to groups of financial advisors I find they are not getting out of the office very much, sometimes not at all. Advisors need to have networking in their weekly activities. Sometimes success is 50% just showing up. Being in the right place at the right time can connect you with people you would otherwise never come into contact with. If you want to build your connections, you have to develop a plan to get out of the office at least weekly.

(16) Chamber of commerce

– while you will run into many advisors at the chamber, it is still a great way to get exposure. The best way to get the most out of your membership is to volunteer for a board or committee and become involved. You will get to know fellow committee members and key opportunities will become available to you for your effort.

(17) Leads groups

– the less time you have in the industry the more likely a leads group like BNI or LeTip will work for you. Never expect to receive more than 5-10% of your business from this tactic. As your experience grows, you will get business from other channels that make this opportunity too time consuming to maintain.

(18) Speed networking

– this new type of networking event has sprung up all over the United States and can be quite effective as you have the opportunity to connect with many people one-on-one. You will sit down with one person and have a short time period to each share your message. Then you will switch to a new person. It’s like musical chairs. To find an speed networking event in your city, type into a search engine “speed networking your city.”

(19) Industry groups

– do you serve several clients in a particular profession? How can you leverage these relationships for networking? You can find their groups and associations and become a member. This is how I became entrenched in the issues financial advisors face every day, by becoming a member of the Financial Planning Association and joining the board.


Public speaking

Public Speaking Marketing IdeasThere is no better tactic that is more effective at getting new clients than public speaking. Public speaking establishes you as an expert in your field and conveys credibility. There is a certain cache afforded to speakers that is difficult to duplicate in any other marketing tactic.

Seminars and workshops –

Speak to groups your clients belong to and position your talks as educational classes. In your client survey listed above, ask your clients which clubs, organizations, or groups they belong to. Offer to provide an educational workshop and think about a broad topic that provides education and comfort to many types of audiences. You will not do any selling during your presentation. The opportunity is in the feedback piece you ask participants to complete.

Ideas for your workshop content:

  • (20) Retire in Style – 7 Tips to a Stress Free Retirement
  • (21) Money and Behavior: 5 simple ways to stop doing dumb things with your money
  • (22) Your Money – Your Life: 4 smart strategies for creating financial success
  • (23) Living Life In Retirement – How to create a continuous income stream after you retire

(24) Lunch and Learn

– collaborate with a complimentary business and hold a lunch and learn. Pool your clients and come up with topics that would interest both groups of clients. Provide a sandwich lunch and a great learning opportunity for your clients.

(25) Brown bag lunch for a specific niche

– approach community organizations and offer an educational lunch with specific topic: Women’s Wealth – A Journey to Financial Success

(26) Start a MeetUp Group – Wealth and Wine Happy Hour

– get creative and host a group based on a unique “branded” topic – meet regularly and discusses topics where you have expertise. The MeetUp system is an inexpensive tool to get the word out about your group. As the host you will be perceived as an expert.

(27) Appointment setting services

– this type of business will manage the process of sending invitations to consumers for a complimentary portfolio review with you. The incentive for the prospect to come into your office is a restaurant gift certificate. Appointments with qualified prospects are made for you – calls are recorded so that you can review them. Some of my clients have had great success with this tactic that resulted in over 30 appointments and up to 10-15 new clients.

(28) Second opinion services with a CD Rom

mailer – we have moved into the digital age which means experimenting with new modalities for getting in front of prospects. This type of business will provide you with CD Rom mailers that offer a second opinion on prospects’ wealth.


Draw clients to youUse your website as a prospecting tool by utilizing Inbound Marketing Tactics

(29) Blogging

– establish your expertise by blogging. Don’t make the mistake of setting up an exterior blog that is outside your website domain. Your blog should be www.yourdomain.com/blog or you will be wasting your time. Use your blog as a way to show how you’re different by blogging on money topics,  financial planning, or wealth management.

Write articles for niche online publications

– drive traffic back to your website.  The key to this tactic is to write a great “About the Author” section and send readers to your website. Write for the following online websites:


Online publications that your target market reads. Find out what they read from your survey results from existing clients!


Trade publications – targeted to your Ideal Clients. What industries do they belong to?


www.EzineArticles.com – a website where writers can contribute their articles


www.SelfGrowth.coma website committed to life improvement


www.Business2Community.com –unique blog with great article topics


www.HubPages.com – a site devoted to sharing high quality content


www.BusinessKnowHow.coma site targeted to business owners and sharing ideas


List your firm with a “Find an Advisor Website”






http://www.fpanet.org/  – Planner Search – for FPA members who are CFP®’s


What’s Next?

There you have it: Thirty nine marketing ideas that rock. If your mind is full of ideas but you’re not sure how to implement, then the Action Plan section below is for you. After all, there’s plenty of information in this post, but just HOW do you go about putting it into practice?


Action Plan

To Do List for Marketing IdeasMOTIVATE yourself into action by taking your dreams and creating deadlines. A goal is just a wish until you give it a “complete by” date.

Towards the end of every year, create your new Marketing Plan. The first year you write your plan will be the most time intensive. In years thereafter you will spend less time updating your plan.

Create goals for:

  • Annual revenue
  • # new clients
  • New AUM
  • Production level (if applicable)

Select 5 new tactics you are going to implement in the coming year

  • Pick at least 5 tactics from the list of 39 that will help you prospect for new clients
  • Write it down in your new Marketing Plan!


  • Don’t forget to plan out every detail of each tactic you select.
  • Passive versus active – make sure you have at least two active tactics. Active means getting in front of prospects/clients. Active means being bold and stepping outside your comfort zone.
  • Plan out a marketing calendar with month by month activities
  • Keep in touch with prospects. Just because they don’t convert to a client right away doesn’t mean they won’t be a client in the future.
  • Ways to stay in touch: newsletter, quarterly phone call, holiday card, birthday card
  • To be productive, you will want to create a daily and weekly calendar based on important, high pay off activities.

These are the activities you should be doing:

  • Prospect calls per week
  • Centers of Affluence appointments each month
  • Prospect Follow-up calls monthly
  • Client calls  monthly
  • Client appointments weekly

Get going!

Marketing Action PlanSo there you have it: A complete blueprint for marketing your practice. You have to be READY to take this on and do what’s necessary. You have to be READY to do the work.  If you are not ready, then perhaps you need coaching to get you there.  Information is not always the answer.

There’s plenty of information out there. It’s the implementation that leads to success. Either you need me as your Business Coach to move forward or a marketing firm to implement your ideas (I have recommendations – just ask). The great thing about coaching is you will take action and GROW along with your practice.

I specialize in Prospecting Coaching!

If it’s coaching you need, please request a Consultation. I’d love to talk with you about your business!

Which marketing ideas are you going to use? What works for you? What do you want your marketing to do for you?

About Suzanne Muusers

36 Responses to “39 Financial Advisor Marketing Ideas That Rock”

Read below or add a comment...

  1. Tom Fischer says:

    Great content Suzanne. You have many great ideas thanks for sharing.

  2. Suzanne says:

    Tom, thanks for commenting. I hope you find at least one new tactic to implement this coming year so that it is the best year you’ve ever had!
    Suzanne recently posted..A Financial Advisor Business Plan Template You’ll Want to UseMy Profile

  3. Glenis says:

    Suzanne, great content! Yes indeed this is a very nice list of ideas that I am sure will get great use. Love the way you have organized the content for marketing to people you know versus people you don’t know.
    Glenis recently posted..Creative Project – Financial Advisor Brochure DesignMy Profile

  4. Suzanne says:

    Thanks Glenis. I’m glad you like it.
    Suzanne recently posted..Marketing to the Affluent CourseMy Profile

  5. These are wonderful marketing ideas indeed!

    Though not from the marketing niche, but I do have a lot of friends who are into it, so I would surely be sharing this post with them.

    Thanks for sharing. 🙂
    Harleena Singh recently posted..A Bad Temper Can Leave ScarsMy Profile

  6. I am not financial advisor but your ideas still applies to my profession. In fact, they are good for any small business. I build websites for clients and plant to employ some of the ideas in your post in the next few weeks.

    Frank Steiner recently posted..How to get more Google plus followersMy Profile

  7. Suzanne says:

    Harleena, Even if you are not involved in the marketing niche, getting your marketing into a regular pattern is a key sign of success. Thanks for stopping by.
    Suzanne recently posted..Financial Advisor Marketing Ideas: Give Back with a Client Appreciation EventMy Profile

  8. Suzanne says:

    Frank, yes, these ideas apply to many professions. Most business owners don’t know how to market their companies yet learning how is important for continued growth.
    Suzanne recently posted..Coaching Tip of the Week – The Human Mind and Your EmailMy Profile

  9. Adrienne says:

    Oh my gosh Suzanne, this post is awesome. Girl, you gave us some fabulous advice here. I don’t even have clients like this but it’s still a great resource.

    I know that most business owners really need to be utilizing LinkedIn more. It’s not the social platform like Facebook or Twitter is and a whole lot more business minded people there. Great place to meet others so I totally agree with you on that one.

    Everyone needs an elevator pitch so it’s a must have.

    All this advice about marketing, what a post. I’ll definitely share this one with all my friends. Help you spread the word since this is one of those “epic” posts.

    Great job Suzanne, thank you for taking the time to share this with us.

    Adrienne recently posted..Are You Making These Twitter MistakesMy Profile

  10. mitz says:

    WOW!! What else can I say? I agree with Frank that this can be used for any business marketing and this article attracted me because I just love business of any sort!

    One of the tips you did mention that I always follow is to expand on the customers you do have. 🙂

    This is definitely a piece of content that needs to be turned into a book!!!
    mitz recently posted..Top 10 Credit MythsMy Profile

  11. Suzanne says:

    Hi Adrienne, every business owner needs to market themselves in order to grow and this is the time of year to get your strategies figured out.
    Suzanne recently posted..4 Ways to Appeal to Affluent Prospects With Your BrandMy Profile

  12. Suzanne says:

    Thank you Mitz. Yes you’re right. The customers we already have can help us expand our revenue. 🙂
    Suzanne recently posted..Monday Motivation – Are You Committed to Success?My Profile

  13. Wow, what a great blog post for Financial Advisors and any solo-preneur who wants to market their business more effectively. What I like about your article is that it gives many different types of marketing strategies. People tend to rely on one or two strategies. I also love the resources you offer. Your article doesn’t tell business owners what to do, but how to do it. For example I love the Elevator Speech Guidance, the article about How to Ask for a Referral, and the Client Service Matrix. What great value you offer!

  14. I always recommend starting simple with 2-3 tactics and then adding as you build your practice. Thanks for stopping by Donna.

  15. shan says:

    Hi Suzanne
    Thanks for the topic sharing with us.I think you have many professional idea in the marketing .Its really good for any small business.

  16. Ilka Flood says:

    Hi Suzanne,

    Wow! Although I’m not a Financial Advisor, however, these marketing ideas are still of great value to me. There are even some strategies I would have never thought of. I will bookmark and print them out for reference.

    Great stuff and thanks so much for sharing this!

    Ilka Flood recently posted..4 Easy Steps to Help You Achieve Your Goals in 2013My Profile

  17. Hi Ilka, Yes, these tactics are applicable to almost any industry. Thanks so much for stopping by. Suzanne
    Suzanne Muusers recently posted..7 Ways to Take Control of Your Practice TodayMy Profile

  18. Felicia says:

    Hi Suzanne,
    This post of yours has a very complete (in my opinion) yet easy-to-digest content! No matter how many tactics or techniques you know in financial marketing, if you do not do them, then you’re just stuck in one place. A lot of people who earn online typically like passive income, but you surely included some ideas here that included active methods from earning online. People are different from each other, and the ideas you mention here will work differently on each and every person who implements them. I agree on your section 2 that marketing to people you do not really know is much harder, but as long as you strive hard, learn new things along the way and never give up, for sure you will be able to reach your goals in a certain span of time. Thanks for sharing!

  19. Felicia, learning new techniques will help a person grow and attract clients they would not have before. Thanks for weighing in. Suzanne
    Suzanne Muusers recently posted..Financial Advisor Marketing Idea: Create a Client Service MatrixMy Profile

  20. Wow, what a fantastic post; you’re definitely giving great value here. I needed to read this, and I’m not a financial advisor. I love the figure about marketing at least 25% of you’ve been in business at least 6 years. I’ve been in business for myself 11 years, but I probably need to get back to that 50% mark just to catch up. I also have to say I’m not sure what the “centers of affluence” line means, though I’m assuming it applies to more than just financial advisors.
    Mitch Mitchell recently posted..Your Financial Life Is On YouMy Profile

  21. Hi Mitch, Yes, even if you’ve been in business for quite sometime you should spend a decent amount of time growing your business either through your own clients or through prospects who don’t know you. It makes for a continued successful business.

    I like your finance blog! Very nice. Thanks for stopping by Mitch!
    Suzanne Muusers recently posted..Financial Advisor Marketing Ideas: Create a Client Call ListMy Profile

  22. Mike says:

    Im a New FA hungry to learn. Ive been trained by one of the best companies out their, but really enjoyed your ideas to help ensure I make it in the industry…

  23. Mike, I wish you luck as a new FA. There is so much information out there on the internet. So many strategies and tactics that it will boggle your mind. I think what’s important for you at this point in time is to leverage your contacts and create a marketing plan with some focused activities. Building a practice takes time and the “good guys” know that excellent service creates goodwill and momentum. Please stop by often as I “usually” post once per week. Regards, Suzanne
    Suzanne Muusers recently posted..How Financial Advisors Can Do Keyword ResearchMy Profile


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