Top Marketing Tools For Financial Advisors In 2023

Top Marketing Tools For Financial Advisors In 2023

The world of finance is constantly evolving, and financial advisors must keep up with the latest marketing tools and strategies to stay relevant in today’s digital age. As we approach 2024, it’s essential for financial advisors to leverage digital marketing and utilize the most effective tools to help them reach their target audience, build their brand, and grow their business.

In this comprehensive guide, we’ll explore the most critical marketing tools and strategies that financial advisors should consider adopting in 2023 to succeed in the ever-changing landscape of digital marketing.

Benefits of Digital Marketing for Financial Advisors

Benefits of Digital Marketing for Financial Advisors

Digital marketing has become a crucial aspect of modern business, providing financial professionals with an opportunity to enhance their online presence and connect with potential clients through various digital channels. Here are some of the key benefits of digital marketing for financial advisors:

  • Increased brand visibility and awareness – Through targeted advertising campaigns and search engine optimization (SEO), advisors can ensure that their website ranks high on search engines like Google or Bing, making it easier for potential clients to find them.
  • Cost-effectiveness – Digital marketing is generally more affordable compared to traditional forms of advertising and has a higher ROI due to better targeting capabilities.
  • Improved customer engagement – Platforms like social media allow for personalized messaging and content delivery based on demographics, interests, and behaviors.
  • Expanded reach – Digital channels help advisors connect with prospects beyond just their local area. Online platforms have a global reach.
  • Lead generation – Strategies like pay-per-click (PPC), content marketing, and social media marketing can help drive more qualified leads to advisors’ websites.
  • Competitive edge – Advisors who embrace digital marketing can differentiate themselves from those who don’t and establish themselves as thought leaders.

As such, it is essential for financial advisors in 2023 to embrace digital marketing strategies if they want to stay competitive in an increasingly crowded market.

Types of Digital Marketing Strategies for Financial Advisors

Types of Digital Marketing Strategies

There are various digital channels and tactics that can be employed to enhance the online outreach of financial professionals. Here are some of the most popular digital marketing strategies for financial advisors:

Search Engine Optimization (SEO)

SEO involves optimizing a website to improve its visibility on search engines like Google, Bing, and Yahoo. By using relevant keywords and creating high-quality content that meets the needs of potential clients, financial advisors can increase organic traffic to their websites.

Key SEO strategies include:

  • Keyword research – Identify keywords prospects are searching for and focus your content around those terms.
  • On-page optimization – Optimize website pages and content for target keywords through meta tags, headings, image alt text, etc.
  • Link building – Earn backlinks from reputable websites to boost domain authority.
  • Local SEO – Optimization for local searches by including your location in page titles, content, and schema markup.
  • Technical SEO – Ensure your site has a solid foundation by optimizing page speed, security, indexing, etc.
  • Content creation – Regularly create and promote new, high-quality content on your site targeting focus keywords.

Content Marketing

Creating and promoting valuable, relevant content is an excellent way for financial advisors to educate clients, establish credibility, and improve SEO. The content can be in the form of:

  • Blog posts – Long-form articles with tips, how-tos, explanations of key topics, etc.
  • Videos – Short videos to educate viewers or give financial planning advice.
  • Infographics – Visual representations of data, stats, and insights.
  • eBooks or guides – In-depth guides on specific financial topics.
  • Podcasts – Audio shows with financial advice and education.
  • Webinars/webcasts – Interactive online presentations and seminars.
  • Case studies – Stories demonstrating how you solve problems for clients.

Social Media Marketing

Platforms like Facebook, Twitter, LinkedIn, Instagram, and YouTube provide opportunities for financial advisors to establish their expertise, engage with prospects, and build relationships. Key social media marketing tips include:

  • Crafting social media profiles that are professional and consistent with your brand image.
  • Posting regularly with valuable insights, financial tips, company updates, relevant news, and more.
  • Engaging followers by responding to comments, questions, and messages.
  • Using paid ads to reach targeted demographics based on interests, behaviors, etc.
  • Analyzing performance to refine strategies over time.
  • Developing partnerships with social media influencers in the finance industry.

Email Marketing

Email newsletters and campaigns allow advisors to communicate with prospects and clients in a direct, personalized manner. Email can be used for:

  • Company newsletters providing financial insights, market updates, etc.
  • Announcements of new offerings, awards, achievements, etc.
  • Event promotions such as webinars or seminars.
  • Lead nurturing through targeted email sequences and journeys.
  • Client retention by providing ongoing value and building loyalty.
  • Cross-selling/upselling additional services and products.

Paid Search Marketing (PPC)

Pay-per-click ads, also known as PPC ads, allow financial advisors to get their website and offerings in front of prospects actively searching for financial management services on Google, Bing, and other search engines.

Best practices for PPC include:

  • Researching and bidding on high-volume, relevant keyword phrases with commercial intent.
  • Crafting compelling, targeted ad copy and creating multiple ad variations.
  • Setting up conversion tracking and optimizing for conversions/ROI.
  • Using negative keywords to reduce irrelevant traffic.
  • Refining targeting options by demographics, interests, retargeting lists.
  • Testing different landing pages.
  • Staying on top of account performance through robust analytics.


Retargeting involves showing customized ads to site visitors after they’ve left your website to try to win them back. Retargeting allows you to target engaged prospects across channels. Tactics include:

  • Site retargeting – Serving ads to visitors after they’ve left your website.
  • Search retargeting – Bidding on keywords specifically for visitors who were recently on your site.
  • Social retargeting – Targeting people for social media ads if they’ve visited your website.
  • Email retargeting – Emailing those who’ve previously visited your site but haven’t converted.


Chatbots can be integrated into websites to immediately engage with prospects, automate conversations, provide 24/7 support, and collect lead information. Benefits include:

  • Instant engagement – Chatbots allow immediate interactions with website visitors.
  • Qualifying leads – They can ask qualifying questions to assess prospects.
  • 24/7 availability – Chatbots provide after-hours availability for website visitors.
  • Lead generation – Visitor information is captured for future marketing.
  • Appointment booking – Chatbots can schedule consultations or demos with real staff.

Top Marketing Tools and Software for Financial Advisors

Financial Advisor Marketing Tools and Software you Can't Miss!

To execute on these digital marketing strategies effectively, financial advisors need to adopt the right tools and technologies. Here are some of the most important categories of marketing tools and leading solutions worth considering:


Customer relationship management software centralizes prospect and client data and facilitates interactions for stronger customer relationships. Popular CRMs include:

  • HubSpot CRM – Robust free CRM loaded with features. Integrates directly with HubSpot’s marketing and sales software.
  • Salesforce – Highly customizable enterprise-level CRM for large businesses.
  • Zoho CRM – User-friendly CRM with sales automation and marketing tools.
  • Insightly – CRM focused on collaboration and visibility. Integrates with popular apps.

Website Builders

Creating a professional, modern website quickly and easily typically requires a user-friendly website builder like:

  • Squarespace – Build beautiful websites with designer templates. Includes ecommerce.
  • Wix – Create customized sites by dragging and dropping features. SEO and marketing tools included.
  • Webflow – Sites launch faster with fewer limitations. Designed for web designers.
  • – Open source CMS and website builder. Very customizable with plugins.

Email Marketing Tools

Email marketing platforms help create, send, and track professional emails and newsletters. Top solutions include:

  • Mailchimp – The most popular email marketing platform. Free tier available.
  • Constant Contact – Long-standing email marketing leader with powerful automation.
  • GetResponse – Highly rated email marketing with free CRM. Great analytics.
  • Campaign Monitor – Easy-to-use email builder with goal tracking.

Social Media Management Tools

Financial Advisor Social Media Marketing

Managing multiple social media accounts is made easier by social media management platforms:

  • Hootsuite – The leading social media management system. Supports omnichannel campaigns.
  • Sprout Social – Social media manager with advanced analytics.
  • Buffer – Allows scheduling posts across social accounts. Great for consistent publishing.
  • AgoraPulse – Tool for easily engaging with followers, monitoring mentions.

Analytics and Reporting Tools

Key data reporting platforms include:

  • Google Analytics – Free web analytics to track site traffic, conversions, etc.
  • Klipfolio – Build business dashboards to visualize key data and insights.
  • Adobe Analytics – Enterprise-level reporting on customers, sales, traffic.
  • Tableau – Transform data into meaningful charts, graphs, and dashboards.

Ad Creation Tools

  • Bannersnack – Create display ads, Facebook ads, banners, etc. without design skills.
  • Canva Make visual content like ads, graphics, and videos in minutes.
  • Crello – Graphic design and video maker with a huge template library. Easy to use DIY tool.
  • Adobe Spark – Create simple but stunning social graphics and other visuals.

Appointment Scheduling Tools

  • Calendly – The top appointment scheduling and booking software. Highly customizable and user-friendly.
  • Acuity Scheduling – Scheduling with custom branding options. Integrates with popular business apps.
  • Setmore – Offers appointment scheduling, client database, and business analytics.
  • Appointlet – Scheduling integrated with calendars, payment, forms, and messaging.

Live Chat Tools

  • Intercom – Full platform for customer messaging and engagement.
  • Drift – Live chat simplified. Focuses on starting meaningful conversations.
  • Zendesk – Customer service and live chat features for sales and support teams.
  • Tidio – Free live chat to install on your website. Customizable bots and analytics.

Referral Tools

  • Extole – Turn customers into brand ambassadors. Rewards redemption is made easy.
  • Girafi – Get more referrals with their suite of customer engagement tools.
  • Referral Candy – Set up automatic referral rewards programs in minutes.
  • Referral Rock – Makes referral programs easy with their software.

Reputation Management Tools

  • Grade Us – Advanced online review generation and reputation management platform.
  • Podium – Interact with customers and manage your online reputation.
  • Reviewtrackers – Collect and manage reviews while monitoring online reputation across the web.
  • Birdeye – Manages reviews, surveys, and referral programs in one platform.

Creating videos is easier than ever with these user-friendly video marketing tools:

Video Marketing Tools

  • Animoto – Produce professional marketing videos from still images in minutes.
  • Biteable – Create videos with their library of templates, animations, and tools.
  • Adobe Spark – Simple video maker with ready-made templates. Part of Adobe Creative Cloud.
  • Renderforest – Make videos for marketing, promotions, recap videos, and more with their online video editor.
  • InVideo – AI-powered video creation platform with customization options.

YouTube and visual content are extremely effective for financial advisor marketing. Consider starting a YouTube channel or Facebook video ad campaigns. Upload any webinars, seminars, expert interviews or educational videos.

Podcast Marketing Tools

Podcasting opens up new opportunities to provide value to prospects through audio content. Top tools for launching a financial advisor podcast include:

  • Buzzsprout – A hosting platform made specifically for podcasters. Easy publishing and distribution.
  • Captivate – Helps take your podcast to the next level. Easy editing and publishing.
  • Simplecast – All-in-one podcast hosting, distribution, analytics, and advertising.
  • Audioboom – Robust podcast hosting with dynamic ad insertion and transcription services.

Also, utilize podcasting directories like iTunes and tools like Podbean or Podchaser to further amplify your podcast. Consider repurposing podcasts into blog posts too.

Marketing Automation Tools

Marketing automation involves using technology and software to streamline repetitive tasks to save time and boost sales. Benefits for financial advisors include:

  • Lead nurturing – Send targeted content to prospects to move them down the sales funnel.
  • Workflow automation – Create sequences of emails, social messages, etc triggered by prospect actions.
  • Appointment scheduling – Automated booking links or appointment reminders.
  • Event promotion – Auto-send invitations, reminders, follow-ups on webinars or seminars.
  • Lead scoring – Auto-grade prospects based on engagement, so you can prioritize effort.

Leading marketing automation platforms include:

Copywriting Tools

Copywriting is essential for crafting compelling messages across all digital marketing channels. AI-powered copywriting tools can help generate initial drafts and content ideas quickly:

  • Jasper – AI writing assistant that can compose drafts for a variety of business content needs.
  • – AI copywriter created by Anthropic to generate marketing copy.
  • Writesonic – Produces high-quality copy using GPT-3. It has templates for different content types.
  • – AI assistant specializing in sales letters, landing pages, emails, social media posts.

After the AI creates an initial draft, go through and edit the copy to match your brand voice. But it provides a strong starting point!

Lead Generation Tools

Reaching new prospects and driving leads is crucial. Helpful lead generation tools include:

  • OptinMonster – Convert website visitors into subscribers with popups, forms, sidebars, and more.
  • Leadfeeder – Identifies companies visiting your website so you can turn them into prospects.
  • Woodpecker – Reach more prospects via cold email while staying compliant. Personalization features.
  • Mixmax – Find email addresses and enrich outreach with tracking, automations and scheduling.

Client Onboarding Tools

Streamlining client onboarding helps provide an exceptional experience. Onboarding solutions include:

  • Appcues – Onboarding flows guide clients through your software and tools.
  • WalkMe – Build interactive step-by-step walkthroughs and guidance for your clients.
  • WhatFix – Create guides, checklists, and interactive walkthroughs for your clients and onboard them swiftly.
  • Userlane – Interactive guides make training and onboarding clients seamless.

Referral Tools

Referrals from existing satisfied clients can generate some of the highest-quality new leads. Referral marketing tools include:

  • Influitive AdvocateHub – Gamification and incentive management for referral programs.
  • Ambassador – Referral software equipped with tracking, rewards management, integrations.
  • Viral Loops – Create powerful referral-based growth loops to drive sharing.
  • Genius Referrals – Automated workflows for capturing and tracking client referrals.

Reputation Management Tools

Monitoring online reviews and social media mentions is important for maintaining a positive reputation. Reputation management tools include:

  • ReviewPush – Centralized dashboard to manage reviews across the web.
  • Reputology – All-in-one online reputation monitoring and review generation.
  • Nuvi – Social listening, analytics, and engagement platform. Monitor brand mentions.
  • Revlew – Social listening and analytics to track online conversations about your brand.

Tips for Developing a Digital Marketing Strategy

Here are some important tips when devising a comprehensive digital marketing strategy for a financial advisory firm:

  • Set specific measurable goals for what you want to achieve through digital marketing, like getting more traffic, boosting conversions, etc.
  • Research the digital channels and platforms your target audiences are most active on. Meet them where they already spend time.
  • Focus on just 2-3 core digital marketing strategies first. Try SEO, social media marketing, and email marketing to start.
  • Use marketing automation and workflows so your efforts are consistent and scalable.
  • Make sure your messaging aligns across platforms. Be consistent in showcasing your brand.
  • Develop compliant content that informs and builds trust with prospects. Don’t provide investment advice publicly.
  • Leverage thought leadership content – ebooks, guides, videos, webinars, etc. – to establish expertise.
  • Integrate platforms so everything works together. Combine your CRM, email, social media, ads, and analytics.
  • Continually test and optimize through A/B testing, trying new tactics, analyzing data, etc.

Measuring and Optimizing Your Digital Marketing Efforts

It’s critical to closely monitor the performance of your digital marketing efforts. Analytics and tracking allow you to optimize campaigns by determining what is and isn’t working. Key metrics to track include:

  • Website traffic – How many visitors come to your site and blog? Track traffic sources.
  • Lead generation – How many leads, demo sign-ups, contact form fills, etc. Resulted from your activities?
  • Conversion rates – What percentage of visitors become leads/clients? Identify bottlenecks.
  • Engagement – Interactions, time-on-site, repeat visits indicate engaged prospects.
  • Rankings – Monitor website/content rankings in search engines for target keywords.
  • Social metrics – Follower growth, post reach, engagement rate, click-through rate.
  • Email metrics – Open rates, clickthrough rates, conversion rates, list growth.
  • Ad performance – CTR, conversions, cost-per-click, ROAS for paid ads.

Regularly review analytics and refine underperforming areas. Double down on what generates results!

The Importance of Branding and Messaging

Branding establishes what your firm stands for, while messaging determines how you communicate it. Branding and messaging are crucial for:

  • Differentiating from competitors – Your brand identity and messaging sets you apart from other firms. Avoid sounding generic.
  • Improving recall and recognition – A strong brand makes you more memorable in a crowded industry.
  • Building trust and credibility – Position yourself as an authority that prospects can rely on.
  • Connecting on an emotional level – Good branding forges emotional connections, not just transactional ones.
  • Reinforcing values – Let your brand reflect your organization’s vision, values and principles.
  • Shaping perceptions – An intentional brand shapes how people perceive and interpret your business.

Branding should inform and align with every aspect of content and messaging across digital marketing channels and platforms. Consistency is key!

Identifying Your Target Audience and Ideal Client Profile

Defining your target audience is an essential first step in developing an effective digital marketing strategy. Ask yourself:

  • What are their key demographics – age, income, location, household size?
  • What financial challenges and pain points are they experiencing?
  • What are their hopes, attitudes, and financial objectives?
  • What education level or investment savviness do they have?
  • Where do they get information and spend time online?

Drilling down on an ideal client profile allows you to tailor messaging and content specifically for them. You can choose marketing channels and tactics you know they actively use.

The Need for Consistency in Messaging and Branding

Messaging consistency across the platforms you utilize for digital marketing is vital for financial advisor branding. A consistent brand identity makes your business seem reliable and professional. Tips for consistency include:

  • Coordinate colors, logos, and fonts – Ensure your visual identity is uniform.
  • Stick to key messages – Reinforce what makes your business unique.
  • Maintain tone of voice – Use language reflective of your brand personality.
  • Keep branding current – Update branding as offerings evolve.

Consistent branding also establishes familiarity and recognition, causing prospects to be more receptive. They will come to associate your distinct messaging and visuals with your expertise and services.

Ways Financial Advisors Can Differentiate Themselves

Here are impactful ways financial advisors can stand out from the competition through digital marketing:

  • Demonstrate extensive experience – Showcase your years in the industry and highlight client success stories.
  • Flaunt credentials – Promote any degrees, designations, certifications that underscore your expertise.
  • Spotlight specialty niches – Convey deep knowledge of specific client segments or topics.
  • Provide content exclusively for your niche – Target content precisely to their pain points.
  • Personalize messaging – Share your backstory and values. Be authentic.
  • Offer concierge-level service – Wow clients with white-glove treatment and attention.
  • Discuss financial planning holistically – Take their whole financial life into account, not just investments.

Building Trust and Credibility with Clients

Trust is the cornerstone of any advisor-client relationship. Digital marketing can demonstrate expertise and instill confidence. Ways to establish trust via marketing include:

  • Showcasing credentials prominently. Get logos for CFP, CFA, etc.
  • Being transparent about how you get paid. Explain fee structures clearly.
  • Writing educational content that provides value, not just sells.
  • Sharing positive client testimonials. These convey social proof.
  • Emphasizing longevity in the industry. Experience equals trust.
  • Responding promptly to inquiries. This conveys you’ll always be accessible.
  • Publishing accurate market insights and realistic guidance.
  • Ensuring messaging sounds advisor-y, not sales-y. You’re a counselor first.
  • Communicating regularly. Ongoing valuable information maintains trust.

Creating Urgency and Follow-Ups

It’s common for prospects to delay financial decisions like choosing an advisor. Savvy marketing creates urgency by:

  • Promoting time-sensitive offers like free initial consultations.
  • Spotlighting upcoming tax deadlines, market shifts, or reforms clients should act on.
  • Warning of consequences of delay like ongoing excessive fees or portfolio underperformance.
  • Announcing pending retirement, new child, or other life change. Major events necessitate planning.
  • Following up consistently via your CRM. Book meetings, provide helpful info, offer recommendations.
  • Reminding of previous conversations. “Per my last email…”
  • Using positive social pressure. “Many clients like you have been seeking guidance regarding…”

Don’t be pushy, but multiple respectful follow-up attempts often convert initially hesitant prospects.

Maximizing Client Referrals

Referrals from existing clients are a highly valuable lead source. Boost referrals by:

  • Asking for referrals regularly. Include a reminder in newsletters.
  • Making it easy for clients. Provide a link, form, or dedicated email to submit referrals.
  • Creating a formal referral rewards program. Thank clients for referrals with gifts, credits, etc.
  • Leveraging clients on social media. Share positive reviews.
  • Holding client events. These can introduce clients to prospects open to your services.
  • Staying top of mind with clients. Send birthday cards, relevant content, event invites.
  • Providing exceptional service so clients can’t help but rave about you.

Retaining Existing Clients

Growing your book of business requires not just attracting new clients, but also retaining the ones you have. Client retention strategies include:

  • Ongoing valuable communication via newsletters, emails, etc.
  • Regular portfolio reviews and check-ins to optimize their financial plans.
  • Special client events, parties, or token gifts to show appreciation.
  • Upselling additional products and services when suitable.
  • Monitoring client satisfaction through surveys and reviews.
  • Offers or promotions exclusively for loyal long-term clients.
  • Solving problems quickly and keeping every promise.
  • Celebrating milestones and important events.
  • Asking for referrals to reinforce the advisor-client relationship.

Wrapping up Marketing Tools for Financial Advisors

As we’ve explored, utilizing the latest digital marketing tools and strategies is essential for financial advisors to grow their brands and acquire new clients in our digital age. 

However, few advisors have the time or expertise to implement successful SEO, content marketing, social media and other digital campaigns themselves. 

That’s where working with a digital marketing agency focused on the finance industry, like Social Spike, can be invaluable. With extensive experience helping wealth management firms, RIAs, and financial advisors boost their online visibility and engagement, 

Social Spike is perfectly positioned to develop and execute a results-driven digital marketing strategy tailored specifically to your advisory firm’s needs. Partnering with the experts at Social Spike can help unlock the full potential of digital to attract your ideal clients.

Previous Post Previous Post
Newer Post Newer Post