Case Study
Pension Consolidation
Google Search

Generating Pension Consolidation Enquiries via Google Search

A focused Google Search campaign that introduced £1.84M in new advisory assets for a UK IFA on a £1,268/month budget.

Campaign Performance

£1,268
Monthly Spend
89
Enquiries
£85.48
Cost Per Enquiry
41
Discovery Calls
11
Clients Onboarded
£167k
Avg Pot Size
£1.84M
Assets Introduced

Client Overview

A UK independent financial adviser firm wanted to grow its advisory book by bringing on new pension consolidation clients with existing pots of £100,000 or more, without diluting adviser time on unqualified enquiries.

The firm had historically relied on professional introducer relationships and needed an independent paid channel that could deliver qualified enquiries predictably month after month.

The Challenge

Pension consolidation keywords on Google are highly contested by national advice firms, robo-advisers, and consumer duty comparison sites, pushing cost per click into the £12-£18 range for commercial intent terms.

With a modest budget, the campaign had to avoid unqualified clicks, filter out sub-£100k enquiries, and still deliver enough quality leads to justify the investment against adviser capacity.

Strategy

Platinum Prospects built a tight, high-intent Google Search campaign engineered to pre-qualify pot size at the form stage, ensuring adviser time is only spent on viable consolidation conversations.

Exact-match Google Search targeting pension consolidation, pension transfer, and SIPP consolidation intent

Income and postcode bid modifiers to prioritise higher-net-worth regions

Landing page with pot-size qualifier surfaced above the fold, disqualifying enquiries below £75k

Form fields capturing number of pots, current provider, and preferred adviser contact time

Negative keyword lists refreshed weekly to exclude pension release and early-access searches

Six-Month Performance

6 months
Campaign Duration
£1,268
Monthly Ad Spend
£7,608
Total Ad Spend
89
Total Enquiries
£85.48
Cost Per Enquiry
41
Discovery Calls
11
Clients Onboarded
£167,000
Avg Pot Size
£1.84M
Assets Introduced

Pipeline Performance

89
Enquiries Generated
41
Discovery Calls Held
11
Clients Onboarded

From 89 qualified enquiries, 41 progressed to a first discovery call -- a 46% rate -- and 11 converted into fully onboarded advisory clients with an average pension pot of £167,000. The pot-size qualifier on the form removed the bulk of unsuitable enquiries before they reached the adviser's diary.

Campaign Economics

Avg Initial Fee
2.0%
Implementation fee
Avg Ongoing Fee
0.75%
Per annum on AUM
Year 1 Revenue
£50,600
Initial + ongoing
Ad Spend
£7,608
Over 6 months
Year 1 ROAS
6.6x
Before ongoing fees

£1.84M in assets introduced at a 2.0% initial fee generated approximately £36,800 in immediate implementation revenue. Annual ongoing fees of roughly £13,800 repeat every year the clients remain, turning a six-month campaign into a long-duration revenue stream.

The real advisory economics emerge over a five-year horizon. With typical client retention, the 11 onboarded clients are projected to generate over £100,000 in cumulative fees -- turning a £7,608 ad spend into a 13x+ lifetime return before accounting for additional AUM growth or referrals.

£85.48 per enquiry is the right benchmark for pension consolidation on Google Search when the campaign is run with proper pot-size qualification -- not the £35-£50 vanity CPLs that deliver mostly non-viable enquiries.

Key Takeaway

Qualified is cheaper than cheap. By explicitly filtering out sub-£75k pots at form stage, this Google Search campaign delivered 89 enquiries that produced 11 clients and £1.84M in new advisory assets from a £1,268/month budget -- outperforming higher-volume, lower-quality campaigns by a wide margin on genuine revenue.

Want a Predictable Pipeline of Advisory Enquiries?

Platinum Prospects helps IFAs, wealth managers, and pension specialists generate high-intent enquiries through compliant digital campaigns.

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