Wt Financial Group Ltd. · ASX:WTL
Wt Financial — Corporate Update (April 2025)
20 slides from Wt Financial's corporate update, Apr 7, 2025
Slide 1: Joint Venture Livestream and Presentation
ASX Announcement for release – 7 April 2025 JOINT VENTURE LIVESTREAM AND PRESENTATION Investor Livestream and Presentation Deck WT Financial Group Limited (ASX: WTL) (“WTL” or “the Company”) has previously announced an investor webinar to be held today via livestream to discuss its joint venture wit
Slide 2: WT Financial Group Limited and Merchant Wealth Partners Pty Ltd
ASX:WTL ASX: WTL WT Financial Group Limited and Merchant Wealth Partners Pty Ltd An introduction to the WTL & MWP Investco Pty Ltd joint venture Monday, 7 April 2025 1 111 1
Slide 3: Important Information
Important Information Issuer and Date Investment Risk This investor presentation (Presentation) has been prepared by WT Financial Group Limited (ACN 169 037 058) An investment in WTL shares is subject to known and unknown risks, some of which are beyond the control of the (WTL) and is dated 7 April
Slide 4: Agenda
Agenda Today we will provide background on each of WT Financial Group and Merchant Wealth Partners, cover the state of the financial advice market, and detail the WTL & MWP Investco JV and its first planned investment. About WT Financial Group Limited About Merchant Wealth Partners Pty Ltd Key
Slide 5: About WT Financial Group Limited
About WT Financial Group Limited With a focus on delivering comprehensive, client-centric services, WTL empowers advice practices to excel in a rapidly evolving market environment. WTL has established itself as amongst the very largest financial adviser networks in Australia. Its wealth manageme
Slide 6: About Merchant Wealth Partners
About Merchant Wealth Partners Merchant Wealth Partners Pty Ltd (Merchant) is the Australian subsidiary of Merchant Wealth Partners, LLC (Merchant Wealth). Headed by one of Australia’s best known advice executives, David Haintz, AM, Merchant is the Australian subsidiary of Merchant Wealth. A priva
Slide 7: Industry tailwinds and supply-demand imbalance provide for significant upside
Industry tailwinds and supply-demand imbalance provide for significant upside The number of advisers has dropped to just over 15,000, and projections indicate that it may be well beyond 2026 before the influx of new entrants can nearly balance the natural attrition. Although there is a decrease in
Slide 8: Australia's wealth management boom continues
Australia’s wealth management boom continues Financial advice is a fast-growing market supported by compulsory superannuation contributions and favorable demographic trends, with many individuals and significant capital approaching retirement. Fifth largest pension fund worldwide, managing over A$
Slide 9: Factors Influencing consolidation in the industry
Factors Influencing consolidation in the industry Scale and resources are increasing as crucial factors for advisory firms, which is fueling demand for mergers and acquisitions while also drawing substantial foreign interest and investment. The complex regulatory landscape and constraints on the a
Slide 10: WTL holds a distinctive strategic advantage
WTL holds a distinctive strategic advantage With a demonstrated history of achievement in mergers and acquisitions, and success in integration and scaling to achieve operational efficiency WTL is uniquely positioned to help practices scale their operations. Multi-brand strategy that caters to a wi
Slide 11: The JV - WTL & MWP Investco Pty Ltd
The JV - WTL & MWP Investco Pty Ltd WTL has entered a 50/50 joint venture (“JV”) with Merchant Wealth Partners to invest in Australian financial advice practices. The newly formed JV vehicle, WTL & MWP Investco Pty Ltd (“Investco”) intends to provide strategic growth capital to high-potential fina
Slide 12: Investment Philosophy and Objectives
Investment Philosophy and Objectives Investco has been formed to invest in Australian financial advice practices and provide them with expertise to accelerate their corporatisation and growth. Back Financial Advice Entrepreneurs - Investco will focus investments on advice businesses within WTL’s W
Slide 13: Investco Investment Model
Investco Investment Model Investco intends to invest in a series of “hub” entities (“Hubcos”), each representing either a single practice or a group of complementary practices with multi-million-dollar revenue. A Hubco may be selected for investment and capital injection if it: Has developed a sca
Slide 14: Investco Capital Structure
Investco Capital Structure The parties each hold 50% of ordinary shares on issue in Investco, with Investco redeemable preference shares issued relative to each party’s future capital contributions. Merchant holds primary responsibility for providing the investment capital for Investco and provide
Slide 15: Overview of First Hubco
Overview of First Hubco Investco and WTL have executed a HoA to bring together Titan Financial Planning (“Titan”), Darwin Financial & Retirement Services (“Darwin FS”), and Wealth Connect Financial Services (“Wealth Connect”). A newly formed entity with the working title on “Hubco” will unites Tit
Slide 16: An experienced leadership team
An experienced leadership team The first Hubco brings together a highly experienced and motivated leadership team with a diverse range of complementary skills. David McLean (Titan) to become CEO of Hubco and lead its next stage of development. Andrew Moo (Darwin FS) and Jeff Stella (Wealth Conne
Slide 17: Future Growth Plans
Future Growth Plans The Hubco team aims to create a more efficient infrastructure, deliver stronger adviser and client support, and explore further acquisitions. Operational Integration: Leveraging shared administrative and back-office functions for greater efficiency. Organic Growth Initiatives
Slide 18: Key transaction terms
Key transaction terms Each founding practice will sell its shares (or assets) into Hubco, receiving a combination of cash and newly issued shares in Hubco. Investco is expected to provide an initial A$3.5M of capital to hold an initial ~36% stake in Hubco, aligning long-term growth objectives with
Slide 19: Question & Answer Session
Question & Answer Session Hosted by Tim McGowen We will start by addressing questions that have been submitted by registrants in advance. To participate in real-time, please enter your questions in the Q&A box in your Zoom browser or app. If we do not have time to get all questions we will fol
Slide 20: Thanks for joining Contact us for further information
Thanks for joining Contact us for further information Keith Cullen Founder and Managing Director (02) 9248 0422 David Haintz Partner david.haintz@merchantim.com Jane Morgan Investor and Media Relations jm@janemorganmanagement.com.au 0405 555 618 191919 19