Search Results | Showing 1 - 10 of 80 results for "Recurring Revenue" |
| | | ... This means that while the average for the book can drop, high-quality clients are still demanding around a 3x recurring revenue multiple in CBD businesses. Last year, Centurion valued practices that earn client fees between $2000 to $3000 per annum with ... |
| | | | ... a total of 18. For advisers looking to sell their business, Birt said that this is "an excellent time". "The recurring revenue multiples paid for financial planning businesses and client registers have been high over recent years. There are more buyers ... |
| | | | ... arbitrarily, without proper consultation, cut the amount it would pay exiting AMP advisers for their businesses from 4x recurring revenue to 2.5x, and an even lower multiple for grandfathered commissions, the TAA said. "Justice Moshinsky also found that ... |
| | | | ... residential mortgage lender, MA Money. While revenue for the year dropped to $128.3 million, the 22% growth in group recurring revenue was significant, MA Financial said. 'We are very pleased with the underlying momentum in the business," MA Financial ... |
| | | | ... year of 5.5 cents per share, up 10%. Diverger said it's further diversified its revenue model, with 90% recurring revenue across five core services and a national footprint of about 4100 advice, accounting, and other firms, up 8%. It highlighted ... |
| | | | ... it acquired a Victorian-based advice firm with $16 million of FUA, which it expects to generate $103,000 in recurring revenue. Singh said he expects net inflows to rise in 2024 as newer financial advisers, particularly those from PCCU in South Australia ... |
| | | | ... AMP Financial Planning advisers who protested against the decline in their business valuations from 4x to 2.5 recurring revenue. Due to this change, businesses like Equity Financial Planners and Wealthstone faced losses of $813,560 and $115,533, respectively. ... |
| | | | ... of AMP Financial Planning who challenged AMP's decision in 2019 to slash BOLR business valuations from 4x recurring revenue to just 2.5x. Justice Moshinsky found evidence of losses incurred by the lead applicant, Equity Financial Planners, and sample ... |
| | | | ... high calibre investors to the team and a differentiated and compelling fund, will help IAM continue to grow recurring revenue through internal investment management," IAM Funds chief executive Jonathan Baird said. At the same time, the group have exited ... |
| | | | ... depending on the average client age. Buyers mostly favour businesses that are between 35-55 years old with annual recurring revenue around $500,000 to $700,000, it said. The younger the risk clients, the higher the multiple paid by buyers, it found. ... |
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