Practice Growth
M&A insights for Australian financial advice practices, covering buying, merging, valuing, and selling advice businesses.
Valuation drivers: what buyers actually pay for in an advice business
Buyers pay for certainty, valuing advice practices with predictable revenue, loyal client relationships, strong operations and clear strategic fit, because...
Merchant takes minority stake in Infinity as advice M&A accelerates
US-backed Merchant’s minority investment in Infinity highlights why well-governed advice businesses are attracting strategic capital as consolidation,...
Evergreen and Ascalon: Purchase or pivot point?
Investment consultancy Ascalon Capital will absorb research and ratings firm Evergreen Consultants, with the principals keen for the transaction to be seen as...
Integration the secret to unlocking the full potential of mergers and acquisitions
Growing their practices through M&A has many attractions for advice firms, but integration of the additional entity has to be thought-through carefully, writes...
Levera filling the missing link for Tasmanian advice firm
Melbourne-based Link Wealth Group has acquired its fourth advice practice, buying a majority stake in Hobart-based full-service financial advisory firm, Sky...
Lower mid-market PE leaders canvas financial advice investment avenues
Two big factors make the case for investment in a financial advice business – or one that supports the industry – compelling, the Brisbane-based PE...
Adviser Charlie Viola leads Pitcher Partners buyout to set up new HNW wealth firm
After 21 years building up Pitcher Partners' wealth management division into a $3.6 billion powerhouse, the high-profile adviser will break from the firm to...
AMP sells major stakes in advice network to Entireti, AZ NGA in blockbuster deal
The three-way tie-up highlights just how much the power dynamic has shifted across the advice landscape over the last decade, with advice ownership groups...
Perpetual motion curbed: 138-year old manager broken up in $2.2B KKR deal
The transaction comes after a decade long struggle for one of the bigger players in the Australian financial services landscape, which could only fend off so...
Iress' big loss on OneVue deal caps five years of platform bloodletting
It's a spectacular transaction, one that marks not only the likely nadir of Iress but what should be the end of five very frothy years of M&A activity in the...
OpenInvest finds its buyer
The proprietary technology provider will use a capital injection from an existing investor to take advantage of regulatory tailwinds set to push the wealth...