Lack of personalisation in client engagement risking business growth

Oxford Risk says better engagement could equal 10% organic AUM growth

Hope Coumbe
clock • 1 min read

Wealth managers who do not personalise their client engagement could be missing out on an estimated 10% of organic assets under management growth for their firm, according to Oxford Risk.

The firm today (23 April) said it estimated that boosting client engagement and personalisation could deliver a ‘conservative' 10% growth in assets but warned "not enough firms are making full use of the potential benefits". "A conservative aspiration would be to use these techniques to generate between two- and six-times engagement," explained head of behavioural finance Greg Davies. "This is all greenfield money – it is not money that wealth managers have to generate from new clients." In a guide published today, Oxford Risk found emotional decisions cost investors 300 basis points ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your Business

Partners Wealth Management acquires Surrey advice firm

Partners Wealth Management acquires Surrey advice firm

Rebrands following late June acquisition

Jen Frost
clock 08 July 2025 • 1 min read
All the advice firm acquisitions that have taken place in 2025

All the advice firm acquisitions that have taken place in 2025

Keeping track of the ongoing consolidation of the advice industry

Professional Adviser
clock 08 July 2025 • 2 min read
BDM Benchmark 2025: Advisers expect business support

BDM Benchmark 2025: Advisers expect business support

Third year of in-depth BDM research

Brendan Llewellyn
clock 07 July 2025 • 4 min read