Wt Financial Group Ltd. · ASX:WTL
Wt Financial — Investor Presentation (July 2021)
17 slides from Wt Financial's investor presentation, Jul 26, 2021
Slide 1: Investor Webinar Presentation
26 July 2021 INVESTOR WEBINAR PRESENTATION WT Financial Group (ASX: WTL) (WTL or the Company) is pleased to provide a copy of the Investor Presentation to be delivered at the WTL Investor Webinar to be held today, Monday 26th July 2021, at 10:30 am AEST. Founder and managing director, Keith Cullen w
Slide 2: The Future of Quality Advice
THE FUTURE OF QUALITY ADVICE WTL Investor Presentation JMM Webinar Series – 26 Jul y 2021 1
Slide 3: Important Information
IMPORTANT INFORMATION Issuer and Date Investment Risk This investor presentation (Presentation) has been prepared by WTL Financial Group Limited (ACN 169 037 058) (WTL) and An investment in New Shares is subject to known and unknown risks, some of which are beyond the control of the Group. is dated
Slide 4: Important Information
IMPORTANT INFORMATION Forward-looking statements and forecasts This Presentation contains certain “forward-looking statements” that are based on management's beliefs, assumptions and To the maximum extent permitted by law, WTL and its advisers, and each of their respective Beneficiaries: (i) exclude
Slide 5: Today's Agenda
TODAY’S AGENDA Introduction to WT Financial Group Limited (WTL) What’s happening with financial advice in Australia Acquisition of Sentry Group – deal terms and resulting scale A powerful combination Expanded board and management Guidance for FY2021 and FY2022 Q&A 4
Slide 6: Introduction to WTL
INTRODUCTION TO WTL Founded in 2010 and listed in 2015 with a direct to consumer (B2C) focus offering financial advice and related services Strong dividend history – circa $7M in More than 120 advisers across 105 practices – dividend payments before industry disruption up from 42 when Wealth Today w
Slide 7: Demand for Advice Continues to Grow
DEMAND FOR ADVICE CONTINUES TO GROW Australian Household Assets, 2020 $3.5 Trillion The largest inter-generational wealth transfer Residential property in our history is upon us $5,498Bn Largest cohort ever to enter aged care Millennial inheritance Funds under Advice 2020-2040: $962Bn Superannuation
Slide 8: UK Experience Shows Growth Ahead
UK EXPERIENCE SHOWS GROWTH AHEAD UK Experience post 2006-2012 regulatory review period $12,000 45,000 $11,000 40,000 Annual Industry Revenue - Bn $10,000 35,000 $9,000 30,000 Adviser Numbers $8,000 25,000 9.4%pa $7,000 $6,000 20,000 15,000 Growth in revenue 2021-26, based $5,000 10,000 on UK post-re
Slide 9: Acquisition of Sentry Group
ACQUISITION OF SENTRY GROUP Following the success of its Wealth Today acquisition, WTL is now acquiring the dealer group Sentry Group Pty Ltd (Sentry) to leverage its B2B transformation, deliver an immediate WTL has paid return to strong profitability, and set a platform for significant share price
Slide 10: Transaction and Placement
TRANSACTION AND PLACEMENT Completion payment of $7.0M comprised 50% cash and 50% WTL shares issued to the vendors, with the cash component funded through the issuance of WTL new shares Key transaction details Settlement consideration $7.0M Cash (by share placement) $3.5M Vendor shares $3.5M WTL rais
Slide 11: Highly Complementary & Transformational Acquisition
HIGHLY COMPLEMENTARY & TRANSFORMATIONAL ACQUISITION The acquisition of Sentry provides a powerful combination of complementary IP, skills, and experience and sets the platform for further organic and strategic transactional growth as industry disruption continues. Scale and efficiencies Expanded WTL
Slide 12: Old Big 6 Being Replaced by New Independent Heavyweights
OLD BIG 6 BEING REPLACED BY NEW INDEPENDENT HEAVYWEIGHTS Big Six down 54% Top Ten Independents up 40% Advisers Advisers Group Advisers 2018 Advisers 2020 Rank Group 2018 2020 AMP 2,607 1,808 1 Synchronised Business Services 460 505 2 Sequoia (ASX: SEQ) 250 393 IOOF1 1,604 1,879 3 Centrepoint Allianc
Slide 13: Complementary IP, Skills and Experience
COMPLEMENTARY IP, SKILLS AND Best of breed service offering EXPERIENCE A powerful combination to help advisers grow their largest asset with confidence WTL has developed impressive risk management and advice creation processes, and a key selling point for us was that they actually have advisers at t
Slide 14: Expanded Board & Management Team
EXPANDED BOARD & MANAGEMENT TEAM Keith Cullen Guy Hedley Managing Director Non-Executive Chairman WTL founder and largest shareholder. 36yrs experience as a 15yrs as head of Macquarie Bank global private banking unit corporate executive and entrepreneur across the broadcast media, and BNP Private Ba
Slide 15: Expanded Board & Management Team
EXPANDED BOARD & MANAGEMENT TEAM David Newman Jack Standing Joint COO, MD of Sentry subsidiary Group Head of Advice, Responsible Manager Significant Sentry shareholder and MD. 35yrs in financial services, 8yrs with WTL in key B2B and B2C advice roles. Responsible for specialising in strategic planni
Slide 16: Guidance
GUIDANCE FY2021 results mid-August Revenue guidance 13.6M EBITDA guidance breakeven NPAT will be impacted by balance sheet adjustments detailed in WTL’s 15 June 2021 announcement on Sentry acquisition (and subsequent announcements and presentations) These adjustments ensure management has clear runw
Slide 17: Nasa
Nasa T FINANCIAL GROUP
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