Radar Results

Financial planning

With small financial advice firms vulnerable to key person risk, there can be a tangible monetary cost to a practice’s value if the owner dies suddenly. ...

Financial planning

Cash is king for practice buyers

Almost half of financial services businesses are being sold for cash with sales of up to $8 million, significantly reducing the time taken for parties to transact....

Financial planning

Financial advisers strengthen ties with accountants

With a move towards servicing high-net-worth investors who are seeking a professional network, accountants and financial planners are working closer than ever before and ...

Financial planning

Advice firm buyers facing financing difficulties

The rise in interest rates is having a knock-on effect on financial advice M&A activity as buyers are finding themselves approved for financing that is up to 30% lower th...

Financial planning

Which states are seeing the strongest financial adviser firm sales?

The purchase of financial firms is varying by state with strong demand in Western Australia and buyers considering interstate deals....

Financial planning

Selling price of planning businesses increases

The selling price of financial planning businesses has increased for the first time in 13 years with demand for older clients and complete licensee groups of 50 to 200 au...

Financial planning

Wide disparity in planning practice valuations

Got an indifferent planning business with high exposure to grandfathered commissions and less than thorough paperwork? Don’t expect to be rushed by potential buyers....

Financial planning

Demand declines for accounting practices

Accounting practices were failing to see the same level of demand for their practices as financial planning practices due to lack of confidence and higher levels of busin...