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Showing 1 - 9 of 9 results for "Centurion"

Low-margin clients hurt practice valuations

KARREN VERGARA  |  THURSDAY, 14 MAR 2024
... drag business valuations, a new analysis reveals. The latest Advice practice acquisition, sale & valuation guide from Centurion Market Makers highlights the struggle advice firms face in servicing clients that pay fees of $3000 per annum. Clients that ...

ASIC revokes Centurion subsidiary licence, suspends fund manager

ANDREW MCKEAN  |  WEDNESDAY, 24 MAY 2023
ASIC has cancelled the AFSL of Centurion Custodian Funds Management and suspended Huntley Management for non-compliance. The AFS licence of Centurion Custodian Funds Management, a subsidiary of Centurion, has been cancelled effective from January 18. ...

Advice firms trading at premium: Broker

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
... firms continue to trade at a premium compared to other professional services firms, according to an industry broker. Centurion Market Makers' newly released Practice acquisition sale & valuation guide reveals that the demand for premium fee-based client ...

Practice valuations to normalise: Report

JAMIE WILLIAMSON  |  THURSDAY, 24 MAR 2022
... year and will continue to trade at a premium, so long as financing terms remain favourable. That's the prediction of Centurion Market Makers, outlined in its 2022 Practice Acquisition and Valuations Guide. With the Royal Commission now firmly in the ...

Vatican shakes up financial management

ELIZABETH MCARTHUR  |  MONDAY, 16 NOV 2020
... scandal. In a letter on the matter, the Pope said particular attention must be paid to investment made in London and Centurion fund "from which we must exit as soon as possible, or at least dispose of them in such a way as to eliminate all reputational ...

Decline in practice valuations bottoms out

MARK SMITH  |  TUESDAY, 10 FEB 2015
... off following a 20% decline over the last five years, according to a report from business broking services provider Centurion Market Makers. The report also showed that transaction activity increased in the 2014 calendar year as buyers and sellers returned ...

Practitioners ill equipped for business sale

MARK SMITH  |  WEDNESDAY, 24 APR 2013
... regulatory strain are leading to an increasing number of financial planners considering selling their practices, according to Centurion Market Makers director Chris Wrightson. The financial advice business broking specialist said that despite the rise ...

FoFA reforms dilute platform pricing power: Centurion

MARK SMITH  |  WEDNESDAY, 12 DEC 2012
... advice (FoFA) reforms on planning licensees will be passed on to administration platforms and related services, according Centurion Market Makers' Chris Wrightson. The financial advice business broking specialist says he anticipates 'a race to the bottom ...

Practice owners demand cultural fit

MICHAEL HOBBS  |  TUESDAY, 12 AUG 2008
A Centurion Market Makers survey found almost four fifths of financial planning practice owners are looking for a 'cultural fit' and a similar standard in delivering advice rather than just the right price when selling their business. The survey revealed ...
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