RADAR’S SIX MONTHLY PRICE GUIDE An indication of prices as at 31 March 2017 (Changes since 31 October 2016 in red) Revenue Type Recurring Revenue multiple Investment and super clients (age 80 yrs+) 1.0x to 1.8x Investment and super clients (age 65-79 yrs) 1.8x to 2.5x Investment and super clients (age up to […]
RECESSION 2017-18 According to then Prime Minister Paul Keating, the last recession we had was ‘the one that we had to have’. During this recession, interest rates rose to 18%, loan delinquency rates hit 12% and unemployment levels hit nearly 11%. Expectations are that we are in for another bumpy ride next year. While I’m […]
An indication of prices as at 31 March 2016 Revenue Type Recurring Revenue multiple Investment and super clients (age 80 yrs+) 1.0x to 1.5x Investment and super clients (age 65-79 yrs) 2.0x to 2.5x Investment and super clients (age up to 64 yrs) 2.5x to 3.0x Risk clients (under 55 years) 3.3x to 3.5x […]
Radar Results has received a number of requests from financial planners looking to buy High Net Wealth (HNW) clients. To clarify, a HNW financial planning client can be described as one with investments under management of at least $1 million. Some advisers would say that an investment portfolio of this size is not particularly high […]
An indication of prices as at September 2015: Revenue Type Recurring Revenue multiple Investment and super clients (over 75 years of age) 1.0x to 1.5x Investment and super clients (65-74 years of age) 2.0x to 2.5x Investment and super clients (up to 64 years of age) 2.5x to 3.0x Risk clients (under 50 years of […]
An indication of prices as at January 2015 Revenue Type Recurring Revenue multiple Investment and super clients (age 75 yrs+) 1.0x to 1.5x Investment and super clients (age 65-74 yrs) 2.0x to 2.5x Investment and super clients (age 30-64 yrs) 2.5x to 3.5x Investment clients on Platforms with ‘high’ MERs# Up to 4.0x Risk […]
There’s really no such thing as an ideal time to sell your accounting or mortgage business, but if you have a financial planning business, now is the time to seriously consider selling. So, why now? For several years, there’s been a lot of poor media on the planning industry, and with two parliamentary inquiries underway […]
The financial services sector operates in a number of different areas, and buyers can choose from a number of sectors, such as accounting, SMSF’s, risk insurance, mortgage loans and general insurance. Next month, Radar Results will produce its ‘6 Monthly Price Guide’ listing multiples that have been paid for these different types of businesses. But […]
More financial planning practices and client registers have hit the market now that the Government has clarified grandfathering. In an amendment to the FOFA regulations, the following additional wording now has sellers and buyers very happy, ‘A person who purchases a business has the same rights under this regulation that the seller of the business would […]
