The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.
Static and dynamic content editing
A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!
How to customize formatting for each rich text
Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.
As the financial industry evolves and younger generations come of age, financial and wealth services firms are feeling the need to adapt their identity, and meet the changing preferences of their clients. This means not only understanding the unique financial challenges facing younger generations, but also communicating your firm's value proposition in a way that resonates with them.
Understanding Challenges Facing Gen Y and Z clients
Two of the biggest challenges facing younger generations when it comes to finances is the burden of student debt; and buying their first homes. With this debt burden and the ever increasing cost of living and rise in property prices it is no surprise that many Gen Y and Gen Z don‚Äôt approach their finances the way their parents (or grandparents did).
To appeal to younger generations, financial and wealth services firms must understand these unique challenges and develop strategies to help younger clients overcome them. This might mean offering financial education resources and tools to help them manage their debt and build credit, or it might mean developing investment strategies that take into account the high levels of debt that many younger clients are carrying.
While the problems need to be tackled, it is clear that younger generations are still engaged with investing, their focus is just elsewhere. These generations are growing up with Crypto currency, alternative investments and high levels of accessibility to different investment tools like ETFs. They are used to online investing tools and a faster pace of investing and decision making.
In many respects, they are more conscious of their investment needs as they know they have to do more to get ahead. So, while their situation may be different, they are still a very powerful demographic and finding ways to better appeal to them is going to be critical for all wealth management businesses in the future.‚Äç
Why Branding is the Key
But offering valuable services and resources is only part of the equation. To truly appeal to younger generations, financial and wealth services firms must also communicate their unique value proposition with strong branding. This means creating a brand identity that speaks to the needs and preferences of younger clients and sets your firm apart from the competition.
So how can financial and wealth services firms develop strong branding that appeals to younger generations? Here are a few tips:
Develop a Clear and Compelling Brand Message
Your brand message should communicate your unique value proposition and speak directly to the needs and preferences of younger clients. Whether it's a commitment to financial education, a focus on socially responsible investing, or a commitment to providing personalised service, your brand message should be clear, compelling, and easy to understand.
Create a Cohesive Brand Identity
Your brand identity should be consistent across all channels, from your website and social media profiles to your business cards and marketing materials. This includes everything from your brand colours and typography to your logo and imagery.
Leverage Social Media
Younger generations are more likely to use social media to research financial and wealth services firms, so it's important to have a strong presence on platforms like Instagram, Twitter, and LinkedIn. Use these platforms to share valuable content, engage with clients, and build relationships.
Emphasise your commitment to innovation
Younger generations are more likely to embrace new technologies and digital solutions, so it's important to emphasise your firm's commitment to innovation. Whether it's offering a mobile app for account management or using AI and machine learning to develop investment strategies, highlighting your tech-savvy approach can help set your firm apart.
Beyond Billables are Experts at Building Brands that Connect
Financial and wealth services firms that want to appeal to younger generations must communicate their unique value proposition with strong branding.
By developing a clear and compelling brand message, creating a cohesive brand identity, leveraging social media to connect with clients, and emphasising your commitment to innovation, your firm can build a brand that resonates with younger clients and sets you apart from the competition.
Looking for an agency that can do all of the above? We‚Äôve got you covered. Drop us a line and let‚Äôs chat about what your brand needs to succeed.