What is the difference between an MQL and an SQL in financial services?

Quick answer

What is the difference between an MQL and an SQL in financial services?

An MQL has shown intent (form fill, webinar attend); an SQL has been qualified by a human on budget, timeline and suitability to progress to advice.

Staging

- Lead: contact captured - MQL: engaged meaningfully (form + scoring threshold) - SQL: phone-qualified on pot size, urgency and fit - Opportunity: consultation booked - Client: fee signed

UK specifics

Add suitability signals (FCA-style fact-find mini) as part of SQL gating - this raises adviser productivity 30-50%.

Reviewed by Platinum Prospects Editorial. Last updated April 2026.