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Showing 1 - 10 of 21 results for "John Birt"

ASIC, APRA slam premium hikes

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... terms about how and when premiums may change are transparent and not unfair," they said. Radar Results chief executive John Birt is astounded at such brazen practices. "... I understand most insurance companies regularly increase base rates. You have ...

Advisers, accountants ramp up partnerships

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... The more services you can offer a client, the more likely the client will be retained," Radar Results chief executive John Birt said. A Gold Coast-based accounting firm up for sale, for example, earns about $850,000 in fees from servicing individuals ...

Insurance firms defy inflationary shocks

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2023
... we have been involved with over 12 months show evidence of higher prices being paid," Radar Results chief executive John Birt said. "Every time, we get a risk insurance business, it will be sold within about 24 hours." Birt added that the reason why ...

Advice practice valuations rise: Radar Results

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
... we have been involved with over 12 months show evidence of higher prices being paid," Radar Results chief executive John Birt said. "I'm unsure where prices are heading with an economic downturn worldwide, possibly having unstable outcomes. Financial ...

Demand for retiree client book increases

KARREN VERGARA  |  SATURDAY, 1 JAN 2022
... price guide, the activity in selling and buying financial planning businesses has been frantic, Radar Results founder John Birt said. "In 13 years (since the GFC), prices have moved up for the first time," he said. Demand for licensee groups of 50 to ...

Demand for niche advice firms increases

KARREN VERGARA  |  TUESDAY, 16 NOV 2021
... have the ability to trade in options and derivatives, making them worth four times more, Radar Results chief executive John Birt said. AFSLs with managed discretionary accounts can sell for $120,000, while those with forex capability are rare and generate ...

Multiples paid for client books dip

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
... 1.8x-2.3x. For clients aged 64 years old and younger, earnings also decreased 2.2x-2.7x from 2.3x-2.8x. Radar Results founder John Birt said financial advisers who have sold their clients and moved them off their AFSL can sell their AFSL, a process in ...

Practice valuations avoid COVID-19 hit

HARRISON WORLEY  |  THURSDAY, 14 MAY 2020
... with experts saying the pandemic has barely touched the market. Speaking with Financial Standard, Radar Results founder John Birt said COVID-19 is not impacting practice valuations or the market more broadly, though said some buyers are trying to use ...

Royal Commission sparks risk book sell-off

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
... 94 individual practices that are looking to sell their business. In terms of supply and demand, Radar Results founder John Birt said the group currently represents about 300 buyers with additional consultants being brought on board to cater to the growing ...

More risk advisers offloading practices

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
... to hurriedly sell their practices at discount prices, a merger and acquisitions expert says. Radar Results principal John Birt said there are more risk insurance businesses for sale in the market now than at any other time he can recall. The value of ...
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