It’s been an interesting period since Xmas with the value of financial planning (FP) firms still trending down. Any further downturn in the markets could see their values fall further. With more and more planners looking at retiring, there may be an oversupply of planning firms for sale in the next few years. The recession […]
It has been 4 months since my last Newsletter and since then markets have slipped another 20%, or even more. We now have a full year of downturn to measure past recurring revenue and EBIT values. This will help buyers and sellers of FP firms to know what their business is really worth today. You […]
The investment market downturn for the past year has seen the value of financial planning firms reduce by up to 30%. Last year Radar Results provided 180 valuations for the financial planning industry and the impact of reduced recurring revenues and lower profitability on some firms has been dramatic. Practices with either a high level […]
Since Christmas prices paid for financial planning practices have stablised and in some cases, even reduced. The main 2 causes have been the downturn in the sharemarket and a change in supply with more sellers entering the market. Planners who were once considering staying in the industry have now decided to sell and not wait […]
Thirteen years ago I doubled the value of my recurring income in a matter of weeks. After attending a Boot Camp on Financial Planning I was convinced that if I doubled my trails and provided a service to my FP clients equal to the increased trail, I would have a better business. I increased the […]
Last year prices paid for financial planning firms in Australia escalated. Radar Results data for 2007 revealed a high of 5.5 times recurring revenue was paid for a Brisbane CBD practice and a low of 1.8 times for a NSW country practice. The average was just over 3 times recurring revenue. The largest influence on […]
Last year we valued over 100 financial planning practices in Australia. If you wish to know the value of yours, please continue to the Valuation Questionnaire page. If you’re looking at expanding your planning business quickly – you can outsource this role to Radar Results. Finding the right Financial Planning Practice Expanding – Starting your own […]
