"Our primary objective at Metric Theory is not to simply drive growth in front-end conversions on our clients’ accounts—we dive deeper into SEM conversion data to understand the quality of the conversions on the back end. Kenshoo was instrumental in helping our team track important metrics and make sophisticated decisions that grew qualified registrations and revenue for Personal Capital.”
Ken Baker, President, Metric Theory


Personal Capital offers award-winning technology that allows users to view and track their net worth in one simple-to-use platform. It combines free financial tools with a team of registered investment advisors to offer wealth management services to qualified investors.

With the guidance of digital marketing agency, Metric Theory, paid search marketing has helped Personal Capital grow. Over 850,000 people use Personal Capital to track over $175 billion. While this growth was much desired by Personal Capital, the team wanted to focus their paid search efforts on driving more qualified registered users and needed a partner and strategy to reach this goal.


Personal Capital aimed to grow its advisory business, which specifically requires registrations that meet certain threshold asset levels. The team needed a partner to help them tackle the following challenges of their paid search program:

  • Accurately track qualified registrations and optimize
    bids towards those that are most valuable
  • Increase the output of non-branded search efforts
  • Adjust bidding strategy based on publisher, keyword,
    device, geography and demographic to drive the highest
    qualified registration rate


Personal Capital partnered with Metric Theory and Kenshoo to more accurately track qualified registrations driven by paid search, identify the most valuable registrations based on the return gained from the cost of the user, and optimize bids and budgets accordingly. Metric Theory leveraged Kenshoo solutions to improve Personal Capital’s paid search advertising efforts in the following ways:

  • Use Kenshoo Advanced Search to perform regular bid adjustments based on the custom metric of cost per qualified registration. This custom metric enabled Metric Theory to distinguish performance and bid into the most cost-effective positions for each group of keywords.
  • Apply dimensions in Kenshoo to compare performance across broader categories of campaigns, such as brand, non-brand, and remarketing without restructuring campaigns or pulling multiple reports. This allows Metric Theory to easily determine how non-brand campaigns are performing relative to non-brand overall, versus relative to the overall account, which contains a significant amount of brand traffic.
  • Automate reporting within Kenshoo to aggregate daily performance data for registrations and qualified registrations by dimension and campaign.


With the help of Kenshoo, Metric Theory scaled Personal Capital’s paid search marketing 5X within a year while improving efficiency. When comparing year-over-year performance, Personal Capital was able to increase qualified registrations, non-brand registrations, and qualified registration rate, while decreasing non-brand cost-per qualified registration. The following successes were achieved:

  • 118% increase in registrations and qualified registrations
  • 273% increase in non-brand registrations
  • 29% increase in qualified registration rate
  • 25% decrease in non-branded cost-per qualified registration
  • 378% increase in non-brand qualified registrations