Financial services consultancy OCG expands into Melbourne

04 November 2024 Consultancy.com.au

Oceanic Consulting Group, a Sydney-based financial services consultancy, has successfully expanded into Melbourne, building up a local team of seven (senior) practitioners in just a few months. We asked managing director James Dickson 5 questions about the expansion and the key opportunities the firm sees in Victoria.

What prompted the decision to open a new office in Melbourne, and what does this expansion mean for the overall growth of the firm?

Opening a new office in Melbourne was driven by our commitment to better serve our growing client base in Victoria. Over the past few years, we have seen a growing need for our advisory offerings in Melbourne, be it through local clients or our national clients having a presence there. This expansion signifies a significant milestone in the growth of OCG, enhancing our regional presence and enabling us to deliver more tailored solutions to our clients.

With seven staff currently based in Melbourne, this move reflects our strong belief in the growth potential of our presence in the city.

How do you expect the Melbourne office to enhance your service offerings and better meet the needs of your clients?

The Melbourne office will allow us to provide more localised and responsive services to our clients. By being closer to them, we can better understand their unique challenges and opportunities, enabling us to deliver more effective and bespoke solutions. Additionally, this office will facilitate stronger relationships with the Melbourne community to further enhance our service offerings.

What have been the key drivers of your firm's growth over the past six years, and how do you plan to maintain this momentum as you expand?

Our firm’s growth has been driven by our unwavering commitment to excellence, innovative approach and deep understanding of our clients’ needs. Key drivers include our focus on financial remediation, complaints management, risk strategy and transformation.

To maintain this momentum, we will continue investing in our people and leveraging technology partnerships to innovate our services and expanding our presence in key markets like Melbourne.

What do you see as the biggest opportunities and challenges in the Melbourne market for a firm like yours?

The biggest opportunities in the Melbourne market include the city’s dynamic financial sector and the growing demand for specialised consulting services. However, challenges such as intense competition and the need to stay ahead of regulatory changes require us to remain agile and forward-thinking.

By leveraging our expertise and local insights, we are well-positioned to capitalise on these opportunities and navigate the challenges.

As the firm continues to grow, how are you staying ahead of industry developments and ensuring your services remain relevant and innovative?

We stay ahead of industry developments by continuously investing in professional development, staying abreast of regulatory changes and actively engaging with industry thought leaders. Our commitment to innovation is reflected in our adoption of technologies and our proactive approach to addressing emerging trends. This ensures that our services remain relevant, effective and aligned with our clients’ evolving needs.