Tuesday, 15 May 2012
‘The Mentors’ and industry veterans, Barry Lambert and Robbie Bennetts are back to guide ‘The Sellers’ through the challenges facing financial services today. The series opener focuses on getting absolute clarity around the numbers. Key takeaways include the importance of getting the practice valuation right, the benefit of help from the outside, understanding your clients and opportune times to sell. So take your boardroom seat. Play
Wednesday, 11 April 2012
In No More Practice 3: Judgement Day, follow the final steps of our players in their quest to grow their practice value. Will Brett and Ian raise their $1 million to expand their business? Will Chris successfully sell his parcel of clients to fund further growth? Watch on as they share their key learnings from the No More Practice Journey, while our mentors and industry experts provide them with some final advice before the judges deliver their final verdict: would they buy our players' practices? Play
Friday, 20 January 2012
Most financial planners perform very poorly when it comes to selling their business, but if you want to sell your business successfully, there are a number of important steps to follow. Read More
Wednesday, 7 December 2011
In this final episode of No More Practice 2, the players reflect on their journey and share their key learnings. The Selector Group's Ian Jordan and Brett Abikhair are clear on their plans for the future and explain how they came to an unexpected conclusion in their decisions. Financial Design for Life's Chris Browne reflects on how his horizons have broadened regarding potential buyers and how this has benefited him. What do our judges think? Watch on as our sellers prepare for the all-important Judgement Day! Play
Monday, 5 December 2011
The top issues facing Australia's financial planning industry right are FoFA, revenue and competition. Financial planners need to get the balance right in addressing each in order to make sure their business model is viable and sustainable. Read More
Wednesday, 9 November 2011
This week on No More Practice 2, Barry Lambert advises The Selector Group’s Ian Jordan and Brett Abikhair on the biggest issues they will face in their quest to raise $1 million. Chris Browne of Financial Design for Life will work with his mentor, Robbie Bennetts, to lay the foundations for successfully selling a parcel of C and D clients. Can our mentors put the sellers on the right track? What will our judges think of the mentors’ advice? Play
Wednesday, 2 November 2011
Chris Browne of Financial Design for Life wants to sell a parcel of clients to increase business efficiency while The Selector Group’s Ian Jordan and Brett Abikhair are on a quest to raise $1 million to fund expansion plans. Watch their journey begin as they outline their vision to mentors, Barry Lambert and Robbie Bennetts. Play
Tuesday, 25 October 2011
Welcome to the launch of No More Practice series 2, the only reality show for the financial planning community. Building upon the standout success of series 1, No More Practice 2 brings together the biggest names in the industry and follows the journey of financial planners on the quest to grow their businesses. Watch the deals unfold as our players encounter the best in the business. You won’t believe what unfolds on the show and who ends up ahead. Play
Wednesday, 14 September 2011
NAB Financial Planner Banking’s Shane Kirsch discusses the latest trends in practice valuations, Robbie Bennetts believes many advisers overestimate the value of their practices while Hall & Wilcox Lawyers’ Adrian Lynch outlines factors which can negatively impact the valuation process. Play
Friday, 5 August 2011
Barry Lambert argues that many businesses are doomed to failure because they are founded on poor business models, while Robbie Bennetts describes why operating structures are critical to maximising potential value in the long-term. Play
Thursday, 4 August 2011
Robbie Bennetts explains why acquirers lose up to 20 per cent of revenue in the transition process while Barry Lambert explains how sellers can tailor their business to buyers’ requirements. Play
Wednesday, 3 August 2011
The more research I conduct on the valuation of financial planning practices, the more I feel the need to subsequently communicate the importance of assistance in preparing and forward-managing a financial planning practice. Read More
Tuesday, 2 August 2011
Barry Lambert and Robbie Bennetts talk about how their knowledge and different industry views can assist in shaping, developing and improving financial planning in its professional journey. Play
Monday, 1 August 2011
Barry Lambert discusses issues with fee-for-service models under FoFA, while Robbie Bennetts argues why flexible business models are needed to future-proof practices against regulatory changes. Play
Monday, 18 July 2011
Last year we released No More Practice to wide acclaim from the advice industry, with more than 12,600 viewers watching two planners sell their businesses. This year the show has become a whole lot bigger. Play