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Financial Advice NZ - Bring in the Experts Webinar - Succession planning on your business - Shared screen with speaker view
Financial Advice New Zealand
10:07
Good morning everyone. Welcome to our 73rd Bring in the Expert Webinars. You have all been muted and your videos turned off but feel free to ask questions down the side bar in the chatroom and in questions and answers. Leigh Hodgetts will ask the questions on your behalf.Enjoy the webinar!
Gary Cavaney
16:57
Good morning from overcast and damp but mild cambridge. We can hear you fine
Donna Hintz
17:00
yes
Neil Inns
17:00
yes
Stephen Holdem
17:07
yes
John Bolsover
17:10
Yes, cheers
John Bolsover
17:24
No
Stephen Holdem
17:25
no
Andy Phillipson
17:26
No idea
Elise Vine
17:26
yes
Ross Frater
17:28
yes
Jenny de Boer
17:29
no
Mark Lynch
17:30
Yes
Virginia Nelson
17:31
No idea
Nicole Hoy
17:32
No idea
Andre-Paul Stokes
17:34
no really
Jordi Garcia
17:34
Rough idea
hamish mcphail
17:34
roughly we think
Bryan Leith
17:35
Yes but there are so many ways to value
PAUL SEWELL
17:37
yes
Glenn Gilbert
17:40
To some extent
Michael Lay
17:41
4 x renewal
Kathy Wright-St Clair
17:42
Yes
ian milligan
17:43
an idea, but depends what someone will pay for it
Geoff Peterson
17:48
no idea... approx.
Stephen Fitzjohn
17:49
Within a few dollars, but all subject to a willing buyer.
Glenn Gilbert
17:54
No
Mark Lynch
17:55
No
Geoff Peterson
17:55
no
Kathy Wright-St Clair
17:55
No
Tim Lethlean
17:56
no
Elise Vine
17:56
yes
hamish mcphail
17:56
no
Stephen Holdem
17:56
no
Peter Bozinoff
17:57
No
Michael Lay
17:59
no
Jenny de Boer
18:00
no
Jordi Garcia
18:00
no
Bryan Leith
18:00
No
Nicole Hoy
18:00
No
Neil Inns
18:00
never had one
Gordon Bell
18:01
No
Andy Phillipson
18:02
no
Ramesh Parmar
18:02
No
PAUL SEWELL
18:04
no
John Bolsover
18:04
No, I'm new to the business
Virginia Nelson
18:07
No
Ross Frater
18:08
yes but not formal
Stephen Fitzjohn
18:10
Last formal valuation about 5 years ago
Barry Heir
18:22
yes. self valuation.
Janet Natta
18:23
Yes
Kathy Wright-St Clair
18:24
Yes
Neil Inns
18:25
no value extended
Andre-Paul Stokes
18:26
no value in my annual accounts
Bryan Leith
18:26
Yes I do
Richard Harden
18:26
yes
Ross Frater
18:27
yes
Peter Bozinoff
18:27
No
Zac Emery
18:28
Yes
Michael Shears
18:28
yes
Geoff Peterson
18:28
no
Andy Phillipson
18:29
yes
Mark Lynch
18:30
No
Michael Lay
18:31
dont think so
Elise Vine
18:31
no value
Stephen Holdem
18:32
no
Stephen Fitzjohn
18:32
Not in my accounts
Jordi Garcia
18:32
yes
Gordon Bell
18:32
No
Tim Lethlean
18:33
yes
John Bolsover
18:34
No, new to the business
PAUL SEWELL
18:38
buy sell agreement with partner
Greg Coldicutt
27:13
Is it true multipliers currently are at a low - possibly around 1x. I’m considering selling once a full licence is achieved and just after March 2023. Are you expecting valuation multipliers will get back to 4x etc?
Andy Phillipson
27:50
Home loan persistency becomes an issue now that banks are sharing application statistics and the number of banks we send an application to. How is this taken into account now?
Mark Atherley
30:28
How much of a value factor does 'Brand' come into play on a final business valuation?
Mark Lynch
40:50
What multiple would you apply to a group health scheme?
Geoff Peterson
41:18
Any idea of Mortgage book value within a branded group?
Geoff Peterson
42:48
Fire & General domestic insurance book, seems to be around x2 of renewal. Is that your experience?
Liz Clark
47:12
would be good to touch on contractual obligations post sale..transition etc??? if you see this for life books?
John Heritage
53:43
Have you found that funders (Banks) prefer to look at an EBIT vs X recurring Revenue valuation when it comes to funding a purchase?
Bryan Leith
53:51
Malcolm was the value of your business different either up or down from where you saw it
Liz Clark
56:43
PI obligations post sale?
Richard Harden
57:21
what about multiple of EBITDA on investments books
Mark Atherley
58:08
How does supply & demand affect the valuations of businesses?
Liz Clark
01:00:32
very valuable session thank you
PAUL SEWELL
01:02:00
the bank still wants your shirt as security
Jenny de Boer
01:04:18
Is there an enhanced renewal return for 'LEVEL' life products likely to be retained longer term (as opposed to higher upfront commission with lower renewal)?
Geoff Peterson
01:05:10
Going forward, do you see value of client books rising under licensing.
Geoff Peterson
01:05:46
If so what is your estimate in say 3 years and 5 years?
PAUL SEWELL
01:06:50
what about bringing someone on and over aten year time frame they buy you out, can you expect setting a higher valuation?
Clinton Stanger
01:08:26
How many advisers are looking at their F&G portfolio in the business and how they exit that advice stream after FSLAA
Mark Lynch
01:11:08
Nice idea, Kurt, but pretty hard when you're a one-man band
Suman Sharma
01:11:32
How youy value a mortgage business? 1.5 times of EBIt or 1.5 times of trail?
Nathanael McDonald
01:11:47
If looking at buying a investment book say KiwiSaver. Where does one look to find out who is selling?
Suman Sharma
01:12:02
How you calculate goodwill of a mortgage business?
Janet Natta
01:12:42
Please tell Malcolm to have an AWESOME retirement
Mark Harris
01:13:06
You are transferring yout trust
Mark Lynch
01:14:20
Thanks for this. Very informative.
Ross Frater
01:14:25
chrs all
Elise Vine
01:14:27
thanks all