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Showing 1 - 10 of 29 results for "Radar Results"

ASIC, APRA slam premium hikes

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... contracts to ensure that the 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 ...

Advisers, accountants ramp up partnerships

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... as the former seeks to meet clients' demand for holistic advice that includes taxation. Over the next decade, Radar Results predicts that accountants will fully embrace financial advice by way of taking over or merging with advice practices. Conversely ...

Insurance firms defy inflationary shocks

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2023
... advice firms that specialise in life insurance are experiencing solid demand from buyers, according to the latest Radar Results figures, which values them higher compared to a year ago. A risk firm with clients aged 55 to 60 years old is currently selling ...

Advice practice valuations rise: Radar Results

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
... expectations that inflation and wider economic conditions would dampen demand and 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 ...

Risk clients, practices worth more: Radar Results

CASSANDRA BALDINI  |  TUESDAY, 28 MAR 2023
... around $500,000 to $700,000, it said. The younger the risk clients, the higher the multiple paid by buyers, it found. Radar Results said firms in this bracket have a purchase price between $1.35 million and $1.5 million, based on the current price multiples ...

Talent shortage impacts demand for regional advice practices

JAMIE WILLIAMSON  |  MONDAY, 4 JUL 2022
... financial planning practice - just don't expect to be able to hire for it. According to latest observations from Radar Results, buyers are increasingly preferring to buy in the capital cities as it's becoming more and more difficult to hire qualified ...

Demand for retiree client book increases

KARREN VERGARA  |  SATURDAY, 1 JAN 2022
... a Baby Boomer demographic is increasing among those looking to acquire a financial advice practice. The December Radar Results reveal that near-retirees or retirees are highly sought after by financial advisers. Valuations for investment and superannuation ...

Demand for niche advice firms increases

KARREN VERGARA  |  TUESDAY, 16 NOV 2021
Radar Results is seeing an uptick in demand for niche areas of financial advice, which includes risk insurance businesses. Currently, there is demand from buyers for complete licensee groups with between 50 to 200 authorised representatives. Another ...

Multiples paid for client books dip

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
... investment and superannuation clients for has decreased over the last two years, according to a new valuation report. Radar Results has released its March 2021 price guide, highlighting a downward trend in the earning capacity for super and investment ...

Practice valuations avoid COVID-19 hit

HARRISON WORLEY  |  THURSDAY, 14 MAY 2020
... discounted offers, 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 ...
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