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Business Broker
Your partner when buying, selling or merging
financial planning or accounting businesses.​
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WELCOME TO CONNECT

Connect Financial
Service Brokers is one
of Australia’s leading business brokers.

The core business activity of Connect Financial Service Brokers is assisting business owners to sell, merge and acquire financial planning and accounting practices nationally. We also provide strategic consulting services.

Consulting Services

financial service brokers 6

BUSINESS GROWTH STRATEGIES
'CONNECTING BUSINESSES'

financial service brokers 8

Specific Projects

financial service brokers 7

Expert Witness Work

financial service brokers 5

Succession Planning/
Exit Strategies

financial service brokers 4

Licensing and
Recruitment Advice

accounting and financial practices

Connect are

Business Connectors

Connect are

People Connectors

Connect are

Idea Connectors

Current Marketplace Valuations

* Please note there are several factors that can reduce a business’s value: key person risk, age of clients, regional location, poor compliance, minority interest.

Current Recurring Revenue Multiples

Revenue Type

MULTIPLE

Adviser Service Fee

1.5 - 2.7

Risk

1.7 - 2.7

Grandfathered Commissions

0

Mortgage

1.0 - 2.0

General Insurance

1.5 - 2.5

Accounting

0.7 - 1.1

CURRENT EARNINGS BEFORE INTEREST TAX (EBIT) MULTIPLES

TYPE OF BUSINESS

MULTIPLE

Financial Planning

4.5 - 7.0

ACCOUNTING

3.0 - 5.0

Industry Update

A quick snap shot by Paul Tynan, CEO of Connect Financial Service Brokers:

Present Market Conditions 

While the full economic effects from the coronavirus crisis remain uncertain, there is no doubt that it has brought economic havoc to our industry which was already facing a great deal of disruption due to the ongoing regulatory and legislative changes.

Adviser Numbers Falling

According to the Australian Securities and Investments Commission (ASIC), adviser numbers have fallen to 20,674, with approximately 2837 practitioners exiting industry last year. I expect this exodus of advisers to continue throughout 2021.

Advice Affordability 

Advice is now only affordable to a small minority of Australians and retail advice is not scalable in the current regulatory environment.  Advice is becoming an elitist service.

Technology-based Advice

The Government hopes that the FinTech industry will develop Robo-advice to help provide advice to the masses.  However, recently several high profile fintech companies have given us a reality check and affirmation that technology-based advice still has a long way to go before its scalable and acceptable to mainstream Australia.

about connect

Paul Tynan, CEO

BBus (Accounting), GradDipAppFin, GradDipFinPlan

Paul Tynan is a natural connector of businesses and people. He works passionately to make things happen for his clients, drawing on over 30 years of experience working within the Financial Service industry in Australia and internationally. 

 

Businesses for Sale / Opportunities

None of our businesses for sale or current opportunities are listed on our website. We provide a confidential service to our clients who prefer that their privacy is maintained. We use our extensive database and contacts to ‘connect’ people, opportunities, and ideas. If you are looking at selling, acquiring or merging please call Paul Tynan for a confidential discussion about your needs.

CONNECT © 2019. All Rights Reserved.