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Showing 1 - 10 of 31 results for "Business Health"

Advice PDMs, BDMs at inflection point: Survey

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... A comprehensive analysis of professional development managers (PDM) and business development managers (BDM) by Business Health looked at how these roles have evolved since the Hayne Royal Commission. Business ready IV found that the roles of PDMs and ...

High-performing firms reveal strategies behind success

KARREN VERGARA  |  FRIDAY, 27 OCT 2023
... help advisers focus on servicing clients' needs, a new analysis shows. A study by Macquarie Business Banking and Business Health, which surveyed 312 financial advice practices ranging from aligned groups to self-licensed firms, found how some have thrived ...

Advice firm revenues jump 45%

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... advice firms saw revenues shoot up by nearly 50% from two years ago. A survey of 122 advice practices conducted by Business Health and Iress found average revenue jumped from $1.1 million in 2021 to $1.6 million this year. According to the Financial ...

Support staff key to advice firm longevity: Report

KARREN VERGARA  |  MONDAY, 20 FEB 2023
... remain competitive in an overheated market. At least half of the 100 advice firms canvassed by consulting firm Business Health said they intend to add client-service managers/officers to their business in the coming 12 months. The newly released report ...

Adviser pay, incentives disparity revealed

KARREN VERGARA  |  FRIDAY, 17 FEB 2023
... per year, significantly more than their counterparts in smaller and regional hubs. According to consulting firm Business Health, which canvassed nearly 100 advice practices in its latest compensation survey, advisers with five or more years of experience ...

Managed accounts drive profit, revenue surge

JAMIE WILLIAMSON  |  FRIDAY, 6 MAY 2022
... seen almost 80% more profit per owner than those without, new research shows. Latest insights from Praemium and Business Health show practices using managed accounts achieved significant profit gains despite the pressure the advice industry has been ...

Clients want more communication from advisers: Research

KARREN VERGARA  |  TUESDAY, 22 FEB 2022
... advisers and more regularly, new research of independent financial advisers reveals. The analysis of 230 IFAs by Business Health in its annual Future Ready report found that only 27% of advice practices are touching base with their best clients more ...

New study finds advisers optimistic about growth

CHLOE WALKER  |  FRIDAY, 19 NOV 2021
... growth over the next three years. The survey, commissioned by Iress alongside practice development consultancy Business Health, conducted the research with 113 advice practices across Australia in September 2021. Results from the survey found that 72% ...

CFS study finds managed accounts improve advice

KANIKA SOOD  |  FRIDAY, 21 DEC 2018
... new whitepaper Managed Accounts: building your future business was conducted by practice management consultancy Business Health for CFS. It analysed data collected from 30 advice firms that used a managed account service. These results were benchmarked ...

Last chance to have your say: Financial Standard weekly spot poll

DARREN SNYDER  |  FRIDAY, 2 JUN 2017
... collecting at least half their revenue from fees, not commissions. For the first time in the report's 14-year history, Business Health has assembled a Practice Health Index. It shows the 'health' of Australian planning firms is sitting at 62%, which ...
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