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Showing 11 - 20 of 103 results for "Recurring Revenue"

Bell Financial reports 44% slump in profit

KARREN VERGARA  |  FRIDAY, 15 AUG 2025
... Direct, Bell Direct Advantage and Desktop Broker. BFG co-chief executive Dean Davenport said: "Growth in the recurring revenue divisions remains strong and is set to continue as we transform into a more diversified wealth management business with multiple ...

Buyers demand HNW advice practices: Radar Results

KARREN VERGARA  |  TUESDAY, 29 JUL 2025
Financial advice practices that service high-net-worth (HNW) clients and earn more than $1 million in recurring revenue are in high demand from acquirers, according to Radar Results. Buyers are also keen on institutional licensees and private wealth ...

Shaw and Partners splashes $63m for New Zealand expansion

MATTHEW WAI  |  TUESDAY, 24 JUN 2025
... trans-Tasman growth, the firm said. ISG's funds under management are fully annuitised, providing a "strong base" of recurring revenue and a solid platform for future growth, strengthening and complementing Shaw and Partners' existing offering. ISG currently ...

Increased local, international demand drives practice valuations

MATTHEW WAI  |  WEDNESDAY, 18 JUN 2025
... for client registers filled with older clients - 80 years and over - skyrocketing. They are now achieving 1.5x recurring revenue, which is a 36% increase year on year. Meantime, books dominated by clients aged between 65 and 79 increased to 2.2x-2.75x. ...

Lakehouse Capital lists first fund on ASX

ANDREW MCKEAN  |  MONDAY, 7 APR 2025
... inundated with short-term news headlines and market noise. He said companies with these traits offer more reliable recurring revenue streams and superior growth potential, especially if they're in industries benefiting from long-term secular growth trends. ...

Outlook favourable for practice valuations: Guide

JAMIE WILLIAMSON  |  FRIDAY, 28 FEB 2025
... services firms. This is because advice practices typically have lower or no bad debts and debtors, make monthly recurring revenue with limited fluctuations, typically have very high client retention, have low levels of working capital, low plant and ...

Best Australian share funds of 2024: Mercer

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
... businesses: Catapult (ASX: CAT), RPMGlobal (ASX: RUL), and Bravura (ASX: BVS). "All three have high quality, recurring revenue and sell mission critical software. Catapult and RPMGlobal have continued to grow revenue while showing improved operating ...

AMP BOLR litigants face lengthy payout process

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... Federal Court determined that AMP's devaluation of AMP Financial Planning (AMPFP) practices from 4x to 2.5x recurring revenue was "unconscionable". AMP also changed the multiple for grandfathered commission revenue initially from 4x to 1.42x. From 1 ...

New mandates boost Clime FUM

KARREN VERGARA  |  MONDAY, 29 JUL 2024
... in the fourth quarter thanks to the newly won business. It expects the wins to deliver $0.8 million of annual recurring revenue in FY25. During the quarter, Clime finalised its divestment of Madison Financial Group and managed accounts platform WealthPortal ...

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
... growth supported by strong industry and regulatory tailwinds and is expected to provide access to resilient recurring revenue streams from its core research offering," Coombe said.