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

Locking in business opportunities as wealth management evolves

Locking in business opportunities as wealth management evolves

Exploring wealth management business evolution

Jenna Brown
clock 07 November 2025 • 4 min read
The smartest business owners are thinking about legacy, not just liquidity

The smartest business owners are thinking about legacy, not just liquidity

Selling a financial planning firm can feel ‘all-consuming’

Nick Heath
clock 07 November 2025 • 4 min read
Bringing financial planning back to the community

Bringing financial planning back to the community

'Rebuilding public trust isn't just good for clients'

Robert Boland
clock 07 November 2025 • 3 min read