BASED ON REVENUE TYPE AND AGE Revenue Type and Age Recurring Revenue Multiple Investment and super clients (aged 80 yrs+) 0.8x to 1.0x Investment and super clients (aged 65 -79 yrs) 1.7x to 2.3x Investment and super clients (aged up to 64 yrs) 2.2x to 2.8x Risk clients (under 55 yrs) 2.2x to 2.7x Risk […]
The main impact to the value of financial planning practices is from the Royal Commission Report released in Feb 2019 and the additional red tape that followed the recommendations. The banning of grandfathered trail commissions from Jan 2021 has had an immediate impact with as much as 25% of the recurring revenue from some practices […]
Radar Results Price Guide to September 2019: – Revenue Type Recurring Revenue Multiple Investment and super clients (aged 80 yrs+) 1.0x to 1.2x Investment and super clients (aged 65 -79 yrs) 1.8x to 2.3x Investment and super clients (aged up to 64 yrs) 2.3x to 2.8x Risk clients (under 55 yrs) 2.3x to 2.8x Risk […]
Revenue Type Recurring Revenue Multiple Investment and super clients (aged 80+ years) Fee for service 1.0x to 1.2x Investment and super clients (aged 65 -79 years) Fee for service 1.8x to 2.5x Investment and super clients (aged up to 64 years) Fee for service 2.5x to 2.8x Risk clients (aged under 55 years) 2.5x to […]
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, […]
