Welcome to Connect
Business Growth Strategies Connecting Businesses
Specific Projects
Expert Witness Work
Succession Planning / Exit Strategies
Licensing and Recruitment Advice
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, general insurance, risk insurance and accounting practices nationally. We also provide strategic consulting services.
Business Connectors
People Connectors
Idea Connectors
Industry Update
A quick snap shot by Paul Tynan, CEO of Connect Financial Service Brokers:
Changes in the Australian Financial Planning Industry
The Quality of Advice Review (QAR) has driven significant industry reform through the Government’s Delivering Better Financial Outcomes (DBFO) package, with a focus on reducing compliance costs, simplifying advice and improving access to affordable financial advice. Further reforms around scaled advice, adviser education and increasing the supply of advisers are expected to continue shaping the industry.
Technology
Many of us can recall our first encounter with technology that fundamentally changed the way we live or work. For me, it was discovering the internet, followed by the iPhone and, more recently, the rapid advances in artificial intelligence. We can easily take these innovations for granted, but each has profoundly changed our lives. And we are only beginning to understand the potential of AI and how it will continue to transform the way we live and work.
Adviser Numbers
According to research from WealthData, the Australian financial advice industry has experienced a significant decline in adviser numbers over the past eight years. The number of financial advisers fell from approximately 24,500 in July 2018 to 15,012 in July 2026 — a reduction of almost 40%. While the decline has now largely stabilised, WealthData’s current forecast suggests adviser numbers will remain broadly stable through to 2030, with a median forecast of approximately 14,800 advisers.
Advice Affordability
The cost of accessing financial advice remains a significant barrier for many Australians. Traditional retail advice can be difficult to deliver profitably at scale, particularly given the regulatory and compliance requirements. As a result, financial advice risks becoming a service available primarily to those who can afford it.
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Business 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.
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 MULTIPLIES
REVENUE TYPE
MULTIPLE
ADVISER SERVICE FEE
1.5 - 3.2
RISK
1.7 - 3.2
MORTGAGE
2.0 - 3.0
GENERAL INSURANCE
2.5 - 3.5
ACCOUNTING
0.7 - 1.2
CURRENT EARNINGS BEFORE INTEREST TAX (EBIT) MULTIPLES
TYPE OF BUSINESS
MULTIPLE
FINANCIAL PLANNING
5.0 - 7.5
ACCOUNTING
4.0 - 6.0
GENERAL INSURANCE
5.5 - 8.0
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.
PAUL TYNAN, CEO
BBus (Accounting), GradDipAppFin, GradDipFinPlan
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.