Grandfathered trail commission clients (Down another 33%) Radar Results (Radar) had seen recent sale transactions of grandfathered trail commission clients trade between 1.5x and 2.0x the annual trail amount, but now that the Royal Commission has recommended trails cease on 1 Jan 2021, Radar Results believe the multiple has now fallen further. These books are […]
Risk insurance registers up and down Radar Results has seen prices paid for risk insurance books move in both directions. Risk books can include life insurance, income protection and trauma insurance (sometime referred to as critical illness cover). It appears that financial planners who own life books at the smaller end of the market, $100K […]
Radar Results has helped many financial planning practices to sell their businesses over the past 12 years. Susannah Hart has been invited to join our team to further service the Sydney and ACT market. Susannah had been in the financial services’ industry for over 25 years with her second career starting in an Accountant’s office, […]
An indication of prices as at August 2018 Revenue Type Recurring Revenue multiple Investment and super clients (age 80 yrs+) 1.0x to 1.2x (Down from 1.8x) Investment and super clients (age 65-79 yrs) 1.8x to 2.5x Investment and super clients (age up to 64 yrs) 2.5x to 3.0x Risk clients (under 55 years) 2.5x […]
An indication of prices as at 1 March 2018 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 64 yrs) 2.5x to 3.0x Risk clients (under 55 years) 3.0x to 3.5x Risk […]
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 […]
