X
  • About
  • Advertise
  • Contact
Get the latest news! Subscribe to the ifa bulletin
  • News
  • Opinion
  • Podcast
  • Risk
  • Video
  • Events
    • ifa Excellence Awards
    • Super Fund Of The Year
    • Australian Wealth Management Awards
    • Fund Manager Of The Year
    • AI Summit
    • Australian Wealth Management Summit
  • Promoted Content
  • Webcasts
No Results
View All Results
  • News
  • Opinion
  • Podcast
  • Risk
  • Video
  • Events
    • ifa Excellence Awards
    • Super Fund Of The Year
    • Australian Wealth Management Awards
    • Fund Manager Of The Year
    • AI Summit
    • Australian Wealth Management Summit
  • Promoted Content
  • Webcasts
No Results
View All Results
No Results
View All Results
Home News

Advisers warned against ‘elevator pitch’

Financial advisers should avoid using elevator pitches in social situations when asked what they do for a living, says a US-based communications expert.

by Reporter
March 30, 2015
in News
Reading Time: 2 mins read

Commenting on how advisers should tell people what they do, i-Impact Group founder and president Claudio Pannunzio said that at social gatherings, advisers should refrain from addressing the question ‘what do you do?’ with a “canned commercial”.

“Its ready-made nature does not help the adviser make a good first impression and establish a bond with the other person,” Mr Pannunzio said.

X

“Regardless of how well articulate, grammatically impeccable and smooth flowing an elevator pitch is, people can easily sense that you are reciting a non-spontaneous answer,” he said.

Mr Pannunzio recommends that when an adviser is asked what they do for a living that they take it as an opportunity to lead the conversation and create a response that encourages the other person to ask ‘how do you do that?’.

To effectively engage a prospect’s attention, an adviser must be able to persuade them that they are capable of solving their problems.

If your positioning statement is effective, that individual will likely feel compelled to respond by posing a few specific questions about problems and issues you may be able to address,” Mr Pannunzio said.

“When that happens, listen actively to fully understand the nature of her/his problems and then offer your best insights and guidance.

“This will help position you as a trusted expert source, pique the attention of the audience and prompt them to continue the conversation,” he said.

“People will be attracted to you if you take the time to conscientiously listen to them to gather good intelligence about what they worry and care about. Your attention rather than your elevator speech will create for them a memorable moment,” Mr Pannunzio said.

Related Posts

Image: FAAA

Education deadline exodus ‘not as bad as expected’: Anderson

by Keith Ford
January 20, 2026
1

Ahead of the 31 December adviser education deadline, estimates of how many advisers would be unable to practice varied widely,...

A man hand putting coins into a house bank saving bank for account save money. Planning step up, saving money for future plan, retirement fund. A business investment-finance accounting concept.

Australians not underspending their super: SMC

by Alex Driscoll
January 20, 2026
0

Reviewing more recent data, the SMC has found that retiree drawdowns on super are now typically higher than the minimum amounts required.   In 2024–25, around...

Silhouette of troubled person head. 
Concept image of anxiety and negative emotion. Waste paper and head silhouette.

How to help clients through the new year jitters

by Alex Driscoll
January 20, 2026
0

Though it may only be halfway through the financial year, 1 January marks a significant milestone and is often a catalyst for reflection among...

Comments 6

  1. TD says:
    11 years ago

    Matthew, I’m happy for you. Muppets who write this rubbish obviously had you in mind.

    Reply
  2. Matthew Ross says:
    11 years ago

    I actually found this to be of interest.

    Many ‘experts’ are telling us to do things like have an elevator pitch but Claudio is right, if it’s not genuine it comes across as contrived and fake.

    FP has had it’s fair share of fakes so this is sound advice.

    We’ve also got our fair share of sooks too. TD and Peter are exhibit’s A and B. Dry your eyes fellas.

    Reply
  3. TD says:
    11 years ago

    Patronising rubbish. Is there anyone at the helm of this rag!

    Reply
  4. Peter Willmott says:
    11 years ago

    Do you have any suggestions on how we all should take a bath and tie our shoe laces

    You get to a point where you get totally sick of this drivel
    that is cast as a story

    Today I am unsubscribing

    Peter

    Reply
  5. Leo says:
    11 years ago

    ‘You need an elevator pitch’ ..
    ‘Don’t use an elevator pitch’.
    So many consultants, so many contrasting opinions.

    Reply
  6. wondering says:
    11 years ago

    And with that memorable moment they will most likely act on your advice, as everybody is looking for free advice these days and also knows better than the adviser, so implements and you will be in breach of so many FOFA’s that you will be running for the rest of your life.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

VIEW ALL
Promoted Content

Why this is the ETF moment for private markets

They unlocked accessibility, slashed costs and opened up diversification across listed asset classes in a way that previously only institutions...

by VentureCrowd
January 20, 2026
Promoted Content

‘We’re not even good yet’: Why advisers must lead Australia’s financial capability uplift

According to Iress and Deloitte’s The Big Lift report, despite decades of reforms, rising wealth, and an increasingly sophisticated advice...

by Iress
January 20, 2026
Promoted Content

Innovation through strategy-led guidance: Q&A with Sheshan Wickramage

What does innovation in the advice profession mean to you?  The advice profession is going through significant change and challenge, and naturally...

by Alex Driscoll
December 23, 2025
Promoted Content

Seasonal changes seem more volatile

We move through economic cycles much like we do the seasons. Like preparing for changes in temperature by carrying an...

by VanEck
December 10, 2025

Join our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

Poll

This poll has closed

Do you have clients that would be impacted by the proposed Division 296 $3 million super tax?
Vote
www.ifa.com.au is a digital platform that offers daily online news, analysis, reports, and business strategy content that is specifically designed to address the issues and industry developments that are most relevant to the evolving financial planning industry in Australia. The platform is dedicated to serving advisers and is created with their needs and interests as the primary focus.

Subscribe to our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

About IFA

  • About
  • Advertise
  • Contact
  • Terms & Conditions
  • Privacy Collection Notice
  • Privacy Policy

Popular Topics

  • News
  • Risk
  • Opinion
  • Podcast
  • Promoted Content
  • Video
  • Profiles

© 2026 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited

No Results
View All Results
NEWSLETTER
  • News
  • Opinion
  • Podcast
  • Risk
  • Video
  • Events
    • ifa Excellence Awards
    • Super Fund Of The Year
    • Australian Wealth Management Awards
    • Fund Manager Of The Year
    • AI Summit
    • Australian Wealth Management Summit
  • Promoted Content
  • Webcasts
  • Advertise
  • About
  • Contact Us

© 2026 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited