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Showing 81 - 90 of 353 results for "Advice practices"

New CFS platform at the cutting Edge: Quirk

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
... uniquely co-developed with advisers and paraplanners from the very start. "For our design process, we had 12 to 14 advice practices across Australia involved over an 18-month window, starting in February 2022," he said. "They met with us on a monthly ...

FY23 farewells 700 advisers

KARREN VERGARA  |  FRIDAY, 14 JUL 2023
... the year, registering for the first time on ASIC's database. Despite the bleak figures, a recent survey of 122 advice practices found that adviser profitability is rising. On average, revenue jumped from $1.1 million in 2021 to $1.6 million this year ...

Advice firm revenues jump 45%

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... client numbers, financial 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 ...

Count takes stake in Melbourne firm

CHLOE WALKER  |  MONDAY, 3 JUL 2023
... and we will have greater opportunities to achieve this through Count." Just last week, two Adelaide financial advice practices merged and rebranded to Count Adelaide. "We are pleased to see the Count brand expand across the country, cementing our position ...

Diverger acquires majority interest in private wealth firm

CASSANDRA BALDINI  |  MONDAY, 3 JUL 2023
... capital are justified. Commenting on the transitional equity model, Diverger said the idea is to partner with advice practices looking to corporatise their business model, achieve scale, execute a succession plan, or drive future growth. It added, the ...

Advice firms merge to create Count Adelaide

CASSANDRA BALDINI  |  WEDNESDAY, 28 JUN 2023
Financial advice practices Crosby Dalwood and Warnecke & Co (Warnecke) will merge and rebrand as Count Adelaide in July. The two firms, which already existed in the Count network, will join to offer accounting and wealth advisory services to South Australians ...

Advice practice valuations rise: Radar Results

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
... prices. The findings are based on Radar Results' latest data, which saw a 6% to 11% increase in the value of advice practices currently on the market. Investment and super clients with the following demographics are selling with multiples as follows ...

BT upgrades platform functionality

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2023
... May 2023. "Tracking the status of form submissions and transactions is a time-consuming but necessary task for advice practices, as they usually require this information when giving updates to clients," Croft said. Other recent changes include specie ...

Count completes Affinia acquisition

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
... Advisers, growing its adviser network substantially. Through the acquisition, Count has acquired 75 financial advice practices from TAL, adding around 100 financial advisers to its community. Count said it now represents $16.8 billion in client funds ...

Farewell Michael Harrison

JAMIE WILLIAMSON  |  MONDAY, 22 MAY 2023
... against the State Revenue Office of Victoria in relation to payroll tax being applied to the earnings of small advice practices, which ran from 2014 to June 2016. On LinkedIn, former colleagues and friends are remembering Harrison as a "valuable guiding ...