Centrepoint Alliance Ltd
ASX:CAF
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Centrepoint Alliance Ltd
ASX:CAF
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AU |
Centrepoint Alliance Ltd
Centrepoint Alliance Ltd. is a network of non-aligned advisers and brokers in financial services. The company is headquartered in Sydney, New South Wales. The company went IPO on 2002-06-25. The firm is engaged in providing technical, compliance and business management support to financial advisers. Its segments include Licensee and advice services and Fund management and administration. Licensee and advice services segment provides Australian financial services license services to financial advisers and their clients and mortgage broking services. Fund management and administration provides investor directed portfolio services and investment management services to financial advisers, accountants, and their clients. The firm provides a range of financial advice and licensee support services including licensing, systems, compliance, training and technical advice and investment solutions to financial advisers, accountants, and their clients across Australia, as well as mortgage aggregation services to mortgage brokers.
Centrepoint Alliance Ltd. is a network of non-aligned advisers and brokers in financial services. The company is headquartered in Sydney, New South Wales. The company went IPO on 2002-06-25. The firm is engaged in providing technical, compliance and business management support to financial advisers. Its segments include Licensee and advice services and Fund management and administration. Licensee and advice services segment provides Australian financial services license services to financial advisers and their clients and mortgage broking services. Fund management and administration provides investor directed portfolio services and investment management services to financial advisers, accountants, and their clients. The firm provides a range of financial advice and licensee support services including licensing, systems, compliance, training and technical advice and investment solutions to financial advisers, accountants, and their clients across Australia, as well as mortgage aggregation services to mortgage brokers.
EBITDA Growth: Centrepoint Alliance delivered EBITDA of $6.2 million, up 17% from the prior period, driven by strong adviser recruitment and the salaried advice business.
Licensee Momentum: The company became the #2 licensee in the market, with its adviser network growing to over 600 by February and capturing 24% of adviser switches among the top 10 licensees.
Platform & Managed Accounts: Combined funds under administration through managed accounts and the IconiQ platform rose 72%, reaching $565 million, with a $1 billion transition pipeline.
Salaried Advice Performance: Salaried advice revenue increased by $1 million or 24%, supported by the integration of Brighter Super and fee adjustments.
Lending Divestment: The company divested its lending aggregation business, retaining lending as a service and expected to see a $400,000 EBITDA contribution from FY '27.
AI Investment: Significant investment in artificial intelligence is underway, targeting operational efficiency and automation, with initial infrastructure already deployed.
Guidance: Full-year EBITDA guidance for FY 2026 is $11.75 million to $12.25 million, with management expressing confidence in continued growth.
