Financial Messaging Services for Advisors and Finance Professionals
Finance customers increasingly prefer text over email for business communications — and smart financial professionals are taking note. SMS is a fast, efficient, and trusted channel for banks, lenders, and advisors to stay connected with clients.
Finance Industry Text Messaging
Finance industry text messaging can be used in many ways from introductions to reminders and even documentation requests. Investment advisors, wealth managers, bank representatives, and insurance agents find SMS as an effective tool thanks to its high open and response rates in comparison to email.
After regulatory compliances, customer retention is a big challenge faced by financial businesses worldwide. Text messages allow companies to build a more personal relationship with current and potential clients by simply communicating via a device that is not only used for work reasons - your mobile phone. Studies show that individuals check their phones as often as 80 times a day, which makes a text message feel less like spam than email does.
Textedly uses the highest level of security in the industry. Using our SSL technology and encryption, your customer data is fully protected and secure.
Why Use SMS Financial Communications Solutions?
Text message marketing is a great way for finance professionals to improve communication with clients. SMS is the best way to communicate with the growing percentage of savvy, digital consumers that prefer to meet their finance goals on-demand. Aside from building stronger relationships, the right SMS financial communications solutions with a text marketing platform like Textedly can help your company increase productivity as group texts create a more efficient way to keep people informed.
Benefits of Using Financial Messaging Services
Using financial messaging services can benefit finance service providers in many ways, which include the following:
- Build stronger relationships: Finance customers prefer to receive business communications via text rather than email. That’s because email has become an impossible-to-filter spam box were customers believe 95 percent of emails received aren’t relevant to them.
- Increase customer response rates: Texts have a 45 percent response rate, while emails only have an 8 percent. Even worse, one out of five emails received from commercial addresses end up in receivers’ junk mail. In the finance industry, this can be highly problematic since the type of information being shared can be sensitive to time and personal security.
- Achieve goals in a more timely manner: Because text messages have a higher open and response rate than email, they will allow finance providers to schedule meetings and received signed documents faster than via any other route of communication.
Examples of Financial SMS Messages
Finance texts can be used in a variety of scenarios.
Here are some examples of financial SMS messages that can be sent:
Staying Compliant When Sending Finance Texts
Finance text messaging is an efficient tool as long as businesses remain compliant during the process. Here’s what you should know about finance text laws and requirements:
- You should not text clients if they haven't opted-in to receive messages from you or your business. To increase subscribers you can use short codes along with an incentive. For example, "Text BANK to receive the latest news in the finance industry."
- When clients opt-in to your group text messaging service, it is important to let them know the frequency in which they should expect to receive messages from you. You might also want to give them the option to receive texts daily, weekly or monthly from you.
- Regardless of who you are texting, make sure the information is relevant to your financial services to avoid being labeled as spam.
Why Users Love Textedly
Not Possible Isn’t in Their Culture
The swift action and communication from EVERY SINGLE TEAM MEMBER I have had the pleasure of working with can in no way be summed up in a few sentences.
Good & Reliable Service
The service is good and efficient, you can add GIFS, photos, files, and much more. I also like that I get a text when people text back to the number so I don't miss anything.
Very Straight Forward and Simple To Use
The ease of implementation was fantastic; Integrating my contact list was a simple upload.
Sending Finance SMS Messages With Textedly
Textedly makes it easy to send finance industry texts to your current or potential customers, and even among colleagues whenever needed. Increase advisor productivity, build stronger customer relationships, track efficiency via details reports and build your CRM database at the click of a button thanks to Textedly’s finance SMS services. Get started with a 14-day free trial from Textedly today.
