Building a professional website takes less time and money
For a financial adviser, building a strong marketing capability via social media needs to start with a professional website, something that is now cheaper and takes less time to build.
Speaking at Synchron's NextGen7 conference, First Step Communications chief executive Gihan Perera said that a website is most often the very first point of contact that a potential client will have with an adviser - and the foundation on which social media marketing must be built.
Without an associated blog, regular updates and client newsletters that feed into that online portal, any social networking effort will have been wasted, he said.
"People think creating a website takes a long time and a lot of money," he said.
"The truth is that it used to take a long time and a lot of money, but with the creation of online web content solutions - and there are many great solutions available now - it doesn't have to."
For around $8 a month an adviser can have a website up and running, with the option to "upgrade" to a more sophisticated offering, according to Perera.
Synchron director Don Trapnell said the NextGen7 conference was aimed at providing financial services professionals aged under 40 with the skills to better utilise technology in order to increase business.
Recommended for you
ASIC has released the results of the latest financial adviser exam, held in November 2025.
Winners have been announced for this year's ifa Excellence Awards, hosted by Money Management's sister brand ifa.
Adviser exits have reported their biggest loss since June this week, according to Padua Wealth Data, kicking off what is set to be a difficult December for the industry.
Financial advisers often find themselves taking on the dual role of adviser and business owner but a managing director has suggested this leads only to subpar outcomes.

