Our Acquisition Rationale
Acquire, Transform, and Scale
Financial Services
Online Brokers
Fintech Companies
AD Advisory Services (ADS)
Acquisition Highlights
Acquisition Highlights
TOPLINE GROWTH
ADS' 2021 GAAP revenue is ~$6 million, an increase of 78.79% from 2020. ADS meets the Company's top-line growth criteria with upside after integrating the Robo Advice Platform.
MARKET ACCESS
ADS has over 20 offices across Australia operated by highly qualified financial advisors. The advisors manage over $530 million funds under advice.
COMPLEMENTARY REGULATIONS
ADS is a licensed wealth management company as an Australian Financial Services Licence (AFSL) holder, providing financial advice and related services.
TECHNOLOGY DRIVEN GROWTH
The Company is developing a digital wealth management company - a Robo Advice Platform catered to Australia's underserved wealth management industry.
Australia manages the fourth-largest pension system in the world today.
Even though the Australian wealth management industry is only 25 years old, it has a superannuation system valued at more than $2.1 trillion. When all wealth that is managed comes together within this industry, its overall value reaches $2.8 trillion.
Financial Advisers
There are more than 25,000 active financial advisors currently working with the Australian Wealth Management sector.
Annual Fees
The annual fees generated by the Australian wealth management industry is close to $3.9 billion.
Market Opportunity
Only 2.2 million Australians (or 12% of the population over 18) share their lives and wealth with a financial adviser.
Digital Advice
Digital advice will give the large portion of Australians low-cost access to services that will scale with their needs.
We plan to achieve transformative development milestones for the Company, employees, shareholders, and the clients we serve.
TRADING & INVESTING APP
We expect to launch our simplified and gamified trading and investing app by Q1/Q2, 2022.
ROBO ADVICE PLATFORM
We expect to launch a fully automated Robo Advice platform for the Australian market by fiscal 2022.
CONDOR PRICING ENGINE
We launched the wholesale execution and liquidity solutions for online over-the-counter brokers in Q3, 2021.