Why work with just a marketer? Work with a marketing company that understands the financial services industry and compliance.

For financial advisors, crunching numbers and analyzing spreadsheets may be second nature, but effective communication with clients can be a different challenge altogether. Building strong communication skills is essential to ensure your clients know that you’re listening to their needs and value their business. Here are our top tips to help you improve your communication with clients:

  1. Build a Rapport: Find common ground with your clients to establish a personal connection. Whether it’s a shared love for pets, mutual interest in physical activities, or overlapping tastes in TV shows, having common interests can create a strong rapport with your clients.

  2. Be an Active Listener: Demonstrate active listening by letting your clients speak without interruption. After they share their thoughts, ask follow-up questions to show genuine interest in their concerns. When clients feel heard, they’ll know you value their input.

  3. Share Resources and News: Go beyond annual check-ins and investment changes. Provide added value by sharing relevant resources and industry news via email, blog posts, or a monthly newsletter. Keeping your clients informed builds trust and demonstrates your expertise.

  4. Prompt Follow-Up: Timing is crucial in communication. After meeting with a client, follow up promptly to provide updates on actions taken. If any delays occur, communicate the reasons clearly and quickly to ensure your clients stay informed.

  5. Use Plain Language: Avoid excessive jargon when communicating with clients. Using simple and understandable language helps clients grasp complex financial concepts and ensures they feel respected and empowered during discussions.

  6. Be Transparent: Keep your clients informed about market fluctuations and performance. During uncertain times, clients may need reassurance and support. Be honest and transparent, even when the numbers aren’t favourable. Your candour will be appreciated.

Now You Know!

With these effective communication tips, you’re equipped to build and maintain better relationships with your clients. If you’re seeking more ideas and strategies to enhance your financial advisory practice, give us a call! Our marketing company specializes in understanding the unique needs of the financial services industry and compliance, ensuring your business reaches its full potential. Let’s work together to elevate your communication and grow your client base.