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REVENUE
Financial planning
Increasing revenue per client is a strategic priority for over half of financial advice businesses, a new report has found, with documented processes being a key way to a...
Financial planning
The majority of financial advice practices enjoying revenue growth are putting this towards growing their adviser teams, according to new research....
Financial planning
Wealth Data analysis has seen a “significant jump” in gross revenue per financial adviser at eight ASX-listed financial advice licensees, and detailed the range between h...
Financial planning
Driven by technological efficiencies, advisers are doing more with less and witnessing increased profitability, according to a survey of over 120 practices. ...
Expert Analysis
Sustainable cashflow is the apex for financial advice firms today and growth can be a bitter pill to swallow amid growing compliance and administration costs, writes Umes...
Financial planning
Sequoia Financial Group is hopeful that it will be able to “stem the bleeding” in adviser numbers with acquisitions as licensee revenue rises 15.2%....
Financial planning
When it comes to selling a financial advice business, firms with investment and superannuation clients in their early sixties can attract the highest multiples....
Financial planning
Wealth Today saw a reduction in new business revenue for many advisers between February and May due to the economic uncertainty and downturn from the pandemic....
Financial planning
The firm’s revenue had fallen by over 15% in April and May due to the COVID-19 pandemic....
Financial planning
Australian Unity has posted a better advice revenue bottom line despite reducing its number of advisers and installing a new leadership team....
Financial planning
Many of the problems identified by the Royal Commission stemmed from a revenue at all costs approach which sublimated the needs of the client, according to an assessment ...
Life/Risk
APRA figures have shown an 11.5 per cent year-on-year rise in the Australian life insurance industry’s net policy revenue to $17.9 billion in the September 2018 quarter....
Financial planning
Bell Financial Group has used a market update to report strong revenues and profitability as well as signalling a plan to further leverage its platform capability....
Policy & Regulation
The Institute of Public Accountants has accused the Australian Securities and Investments Commission of being more focused on revenue than actually regulating....
Financial planning
IRESS has reported a 10 per cent growth in revenue for full year which was helped by the positive contribution to earnings from acquisitions....
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MARKET INSIGHTS
Podcast
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....