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Showing 1 - 10 of 103 results for "Recurring Revenue"

Netwealth buys Paradino for $20m

VINNY VUCAGO  |  TUESDAY, 15 SEP 2026
... advice market. Paradino currently supports more than 500 financial advisers and generates $1.6 million in annual recurring revenue. Its Athena AI capability automates parts of the advice production process, including file notes, Records of Advice, Statements ...

Super trustee business dents Equity Trustees' FY26 results

MATTHEW WAI  |  THURSDAY, 27 AUG 2026
... momentum across both TWS and CTS," O'Brien said. "We continue to see strong demand for our services, underpinned by recurring revenue growth, a healthy pipeline of new appointments and ongoing operating efficiency initiatives. "The withdrawal from superannuation ...

Centrepoint Alliance sees profit lift 25%

VINNY VUCAGO  |  TUESDAY, 25 AUG 2026
... and 22% higher after excluding a $1.3 million contingent consideration release recognised in the prior year. Recurring revenue accounted for 88% of net revenue, while Centrepoint ended the year with $14.4 million in cash. Chief executive John Shutteworth ...

WT Financial bets on scaling advice practices

RIDDHIMA TALWANI  |  THURSDAY, 2 JUL 2026
... Rushby Financial and Fusion Partners. WT Financial said the Vesta acquisition further expands TAG's scale, recurring revenue base, accounting and SMSF administration capability, and opportunity for cross-service client engagement. TAG is now expected ...

Advice book valuations stagnate despite demand

MATTHEW WAI  |  WEDNESDAY, 15 APR 2026
... being valued. Radar Results said historically, most financial planning businesses were valued on a multiple of recurring revenue, and while this approach remains common for smaller client registers, larger practices are increasingly being assessed on ...

UK's Nest to invest $860m in private companies

JAMIE WILLIAMSON  |  TUESDAY, 14 APR 2026
The UK's largest pension scheme by members has selected a manager to oversee a significant new open-ended mandate. Crescent Capital Group will manage a direct lending mandate for Nest to the tune of $858.5 million (£450m). The money is to be deployed ...

Advice remains profitable for those who prepare: Centurion Market Makers

JAMIE WILLIAMSON  |  THURSDAY, 5 MAR 2026
... while some things have changed in recent years, practices are still selling on a mix of profit multiples and recurring revenue multiples. While buyers ultimately seek profit, they typically already have premises, staff and systems in place, acquired ...

GDG reports record FUM growth, eyes stronger second half

MATTHEW WAI  |  WEDNESDAY, 25 FEB 2026
... Generation Life, Evidentia Group, and Lonsec, GDG said, with revenue and earnings growth driven by strong FUM growth, recurring revenue streams, and operating leverage across the platform. That included the new operating structure, which combines Lonsec ...

Product showcase: Strength amid noise

STAFF WRITER  |  FRIDAY, 20 FEB 2026
... providing a non-discretionary service to their customers, operating with high barriers to entry, ensuring strong recurring revenue across the cycle. We find these businesses to be fundamentally more stable and less exposed to geopolitical disruption," ...

Centrepoint offloads lending solutions business

KARREN VERGARA  |  TUESDAY, 17 FEB 2026
... business and securing the full licence margin from Astute-aligned advisers under our AFSL, we strengthen our recurring revenue base and sharpen our focus on delivering high-quality advice services," Centrepoint chief executive John Shuttleworth said. ...
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