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Should I run TikTok ads for financial services?

Last reviewed 22 April 2026 · Reviewed by Jake McQuillan

Quick answer

Should I run TikTok ads for financial services?

Yes for first-time buyer, protection and budgeting niches targeting 22-40; no for HNW wealth management. CPL is 20-40% lower than Meta but nurture is longer.

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Where it works

  • First-time buyer mortgages
  • Life / critical illness protection
  • Budgeting / debt solutions
  • Early-career pension consolidation

Where it does not

  • HNW wealth, DB pension transfer, IHT - audience isnt there

Compliance

Same s21 rules apply; TikTok has its own financial services policy approval.

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

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