Millennial Money: Use social media to pull in younger clients

Millennial Money – Episode 5

Hannah Godfrey
clock • 2 min read

In PA's latest Millennial Money episode, where experts dissect the money issues that matter most to millennials and those who advise them, advisers highlight how social media can be used to attract younger clients.

When asked if millennials' stereotypical favourite pastime - using social media excessively - could be used to attract new clients, both Informed Choice paraplanner Andy Bodman and Penguin Wealth trainee financial adviser Tom Davies agreed on its merits. "Social media matters a lot," says Bodman, in the video - which can be viewed by clicking the picture above. "Some 30% of our new business comes from social media and websites. It is there to stay and it needs to be used - and the more you use it, the better." He adds: "Millennials want advice that is available, easy to access and che...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Next gen group takes on young adviser shortage

Next gen group takes on young adviser shortage

Hollee Vivian launches initiative with adviser peers

Isabel Baxter
clock 15 September 2026 • 4 min read
News editor's view: The advice profession is getting bigger, but is it getting better?

News editor's view: The advice profession is getting bigger, but is it getting better?

The news editor's Friday Night Takeaway from 11 September

Isabel Baxter
clock 11 September 2026 • 3 min read
Feel Good Friday: Rosemount renews mental health partnership for advisers

Feel Good Friday: Rosemount renews mental health partnership for advisers

Supporting The Global Returns Project, Grief Encounter, FoodCycle and Verve Foundation

Professional Adviser
clock 11 September 2026 • 1 min read