Becoming successful in the finance industry isn’t that simple. It takes a lot to get your foot in the door with the need for a great understanding of every product or service you offer, understanding your customer’s needs and wants and beating the competition. There are many obstacles along the way, but these are some of the critical steps towards success in the finance industry. 


Referrals are a great way to get more customers to use your services, but surprisingly many bankers and financial advisors don’t utilise this. A lot of the time, bankers will just assume that clients, family and friends will refer their services, and although this may happen without prompt, it is not certain. It’s always a good idea to ask a client whether they know anyone else who may require the same service, which then makes them think about whether anyone they know needs your services, and most of the time, they will know someone. 

Focus on needs

Focusing on your customer’s needs will always be a factor that brings success. In the finance industry is especially important to provide your products and services to meet the needs of your target audience. You must communicate exactly what your brand promises based on your consumer’s challenges, wants and needs. People come to financial advisors for help with savings, so you must provide them with products that will push them to make better financial decisions. 

Track and measure marketing

Tracking and measuring your marketing results by looking into their performance is an excellent way to succeed in the finance industry. If you have implemented a new marketing strategy and are executing it through social media, track how well it performs. If it’s not performing well, maybe you need to rethink your target audience and whether you are reaching their expectations. However, if it’s increasing your conversion rate, you know that you are reaching your client’s needs and can continue marketing how you are. 

Make sure clients know about every service you offer

It can be a common misconception in all industries that your clients know every product or service you offer, but this isn’t always the case. When it comes to clients, don’t always just presume things; your client may only know about the service they are receiving and not the others you offer. You don’t need to be an expert in every service area, but if the opportunity arises and you feel that the client could benefit from further service, don’t hold back. 

In the finance industry, to become successful, let your clients know about the other products and services you offer; they may well need them.

Develop your skills 

Even though we have spoken a lot about ensuring your clients are happy and meeting their needs to create success in the finance industry, it’s also essential to work on yourself. Take time to develop and enhance your soft skills, such as communication, time management, critical thinking and leadership, enabling you to work your way up the ladder. If you want to stand out from the crowd, excel in your role and, most importantly, have positive experiences with clients, don’t forget to take time out and work on your own personal development. 


GAIN LINE isn’t your ordinary business consultancy, our experts guide you through a structured process to challenge you and keep you on track to make sure you come out of our process with tangible, practical actions that you and your team will buy into and have ownership of. 

Our Sprint workshops take a deep dive into any business challenge within a protected and committed time-space. 

If you want to overcome any business challenge in no more than two weeks, speak to our seasoned business consultancy experts on 0161 532 4449 or contact us here for a speedy response.