My advice business is worth more today than it was a year ago.
- Agree (60%)
- Not sure (22%)
- Disagree (18%)
Loading ...The value of risk advice practices appear to be on the up and up in Australia, but is the same happening in New Zealand?
John Birt, CEO of business broker Radar Results, says the sale transactions the firm has been involved in over the last 12 months show values of financial services firms have risen by between 6% and 11%.
Birt says values can be influenced by the location of the vendor’s clients; the clients’ ages, funds under management or administration, and the investment products recommended.
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See our report: Aussie Risk Advice Practices Rise in Value