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Definitions

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

Last reviewed 22 April 2026 · Reviewed by Jake McQuillan

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.

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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%.

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JM
Reviewed by
Jake McQuillan
Founder at Platinum Prospects
Last reviewed 22 April 2026

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