WT Financial Group Ltd.
AASX:WTL0.15
AUD
0.00
(0.00%)
WT Financial Group Ltd.
ASX:WTL
(Australian Securities Exchange)
Recent
price
0.15
P/E
ratio
6.60
div
yld
- -
ROIC.AI
Capital Structure
AUD
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in mil. unless spec.Working Capital
AUD
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in mil. unless spec.Growth Rates
AUD
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in mil. unless spec.Semi-annual Revenue
AUD
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in mil. unless spec.Semi-annual Earnings Per Share
AUD
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- WT Financial Group Limited (ASX:WTL) operates as a diversified financial services company and one of Australia's largest financial adviser networks, delivering wealth management, retirement planning, and personal risk insurance advice services primarily through approximately 400 privately-owned advice practices operating as authorised representatives under its key subsidiaries, Wealth Today, Sentry Advice, Synchron Advice, and Millennium3; the Group's direct-to-consumer division provides a broad range of financial advice services to wholesale and retail clients via its Spring Financial Group brand; additionally, the Wealth Adviser division serves as the central services and support hub, offering licensing, compliance, education, training, technical support, practice management, development services including consumer marketing and education tools, as well as market-leading solutions such as regular in-person and livestreamed professional development programs and a library of over 100 financial literacy handbooks and manuals in digital and printed formats; the company also provides financial planning, investment advice, product sales and licensing, mortgage brokerage, tax, accounting, and self-managed superannuation fund (SMSF) administration services. Headquartered in Sydney, Australia, with additional offices in Melbourne and West Perth, the company was founded in 2010, formerly known as Spring FG Limited prior to its name change in November 2019, and focuses its operations within the Australian market across business-to-business and direct-to-consumer segments targeting financial advisers, wholesale clients, and retail investors. Recent developments include the reporting of a $5.4 million underlying profit for FY2024-25, representing a 21% increase; the expansion of its joint venture with Merchant Wealth Partners through Investco, which has established a second "Hubco" advice firm with a combined valuation of $7.8 million to facilitate acquisitions and operational efficiencies for partner practices; and the launch of a second financing vehicle under the joint venture to support the corporatisation and growth of ambitious advice businesses while maintaining their entrepreneurial structure.