Advice
From trading room floor ‘chalky’ to CEO: Grant Patterson
Grant Patterson’s career in finance began after he landed a job as a ‘chalky’ on the trading floor in the early 1980s. The job charged him with the task of updating share orders on long chalk boards and handling orders on the trading floor. It was never his intention to work in finance. “It was […]
Nina HendyOctober 29, 2020
Analysis
M&A strategy: Don’t overpay for synergies
Buyers paying 2.5 times recurring revenue for a client book in 2020 are probably getting a raw deal, unless their EBIT margin is greater than 35 per cent. In part one of a three part series, Paul Barrett cautions buyers to get real about synergies benefits to avoid overpaying.
Paul BarrettOctober 29, 2020
Industry
HUB24 deal with Easton to forge advice tech experiment
Easton, including the Paragem advice licensee, we be an anchor client for HUB24 to deploy its specialist technology and data services under the terms of a deal announced on Wednesday in which the listed platform business also agreed to acquire Xplore Wealth.
Matthew SmithOctober 28, 2020