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Showing 1 - 9 of 9 results for "practice valuations"

Low-margin clients hurt practice valuations

KARREN VERGARA  |  THURSDAY, 14 MAR 2024
Lower fee-paying clients are severely affecting financial advice practices' bottom line and ultimately drag business valuations, a new analysis reveals. The latest Advice practice acquisition, sale & valuation guide from Centurion Market Makers highlights ...

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... contentious adjustment to Buyer of Last Resort (BOLR) terms. Its changes caused a marked reduction in the practice valuations of AMP Financial Planning advisers. In an ASX announcement, George said: "We have booked a $50 million provision in response ...

Advice practice valuations rise: Radar Results

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
Valuations for financial advice firms have increased in the year to June, defying 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 ...

Mind the managed accounts roadblocks: MLC

ANDREW MCKEAN  |  WEDNESDAY, 14 SEP 2022
... most of the content and literature that's written is about time savings, efficiencies and the impacts on practice valuations but none of that can be copied and pasted into an SLA because it's not relevant to a client," Bevan said. "So, it's ...

Practice valuations to normalise: Report

JAMIE WILLIAMSON  |  THURSDAY, 24 MAR 2022
Financial advice practice valuations are expected to regulate this 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 ...

Practice valuations avoid COVID-19 hit

HARRISON WORLEY  |  THURSDAY, 14 MAY 2020
... 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 the pandemic as leverage. "I think some of the buyers ...

Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... increased education and professional standards, as well as other reforms to business fee models and falling practice valuations. The changes stand to penalise all clients, regardless of the quality of service and advice they've received in the past. ...

Advice practice supply outweighs demand

JAMIE WILLIAMSON  |  MONDAY, 13 MAY 2019
... revenue. Before 2018 it would have been 0.5 times the recurring revenue," Radar Results said. "High quality practice valuations haven't really changed and there's a higher demand now than at any time before."

Decline in practice valuations bottoms out

MARK SMITH  |  TUESDAY, 10 FEB 2015
Financial planning business valuations have levelled 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 ...
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