WT Financial Group provides a copy of the investor briefing presentation deck outlining indicative FY25 results and an update on the Investco joint-venture, including the formation of new Hubco entities.
WT Financial Group releases an update on its Investco joint-venture, outlining the incorporation of Titan Advice Group as the first ‘Hubco,’ the $2.8 million acquisition of Rushby Financial, and the planned formation of a second Hubco.
WT Financial Group is pleased to provide its indicative results for the full year ended 30 June 2025, reporting a 21.0% increase in underlying net profit before tax to $5.4 million (FY24: $4.5 million).
WT Financial Group Limited has established itself as amongst the very largest financial adviser networks in Australia. Its wealth management, retirement planning and personal risk insurance advice services are delivered primarily through a group of around 400 privately-owned advice practices whose advisers operate as authorised representatives under its Wealth Today, Sentry Advice, Synchron Advice, and Millennium3 subsidiaries.
The Group’s B2C division delivers a range of financial advice services directly to wholesale and retail clients through its Spring Financial Group brand.
The Group’s Wealth Adviser division is the Company’s central services and support hub and also offers market-leading services and solutions to advisers and their clients outside of WTL’s subsidiary cohorts including through regular in-person and livestreamed seminar and professional development programs and the publication of a library of more than 100 financial literacy handbooks and manuals in both digital and printed formats.
WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial advice firms.
Money Management
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The financial advice network has announced a $5.4 million underlying profit for FY2024–25, while its JV with Merchant Wealth Partners has made another investment.
IFA
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WT Financial Group has further leveraged its joint venture with Merchant Wealth Partners, launching a second vehicle to finance the acquisition of advice businesses.
Financial Newswire
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