October 2026
Largest Wealth Management Public Companies in Australia
Benchmark revenue and EBITDA valuation multiples for public comps like
AMP, Bravura Solutions, Equity Trustees, Bell Financial Group and Praemium.
 | AMP, originally established as the Australian Mutual Provident Society, is a financial services provider in Australia and New Zealand. The firm’s offerings span across wealth platforms, superannuation products, along with banking services like home loans and savings accounts through AMP Bank. Previously, AMP had a global investment management division under its subsidiary, AMP Capital, which managed a range of asset classes; an insurance business, AMP Life; as well as a financial advice business. These businesses were sold to various institutions throughout 2020-24 as part of AMP's simplification program. | $2 | +48% | $4.1B | $23B | 38.4x | 505.9x | ||
| Bravura Solutions Ltd is engaged in the development, licensing, maintenance, and hosting of specialised administration and management software applications and the provision of professional consulting services for the Wealth Management and Funds Administration sectors of the financial services industry, internationally. The Company operates through two reportable segments: EMEA, which generates maximum revenue, comprising Europe and South Africa domiciled clients managed by a regional CEO, and APAC, comprising Australia and New Zealand domiciled clients managed by a regional CEO. EMEA provides both Wealth Management and Funds Administration products to customers. The Company generates maximum revenue from Australia. | $2 | +18% | $999M | $969M | 4.9x | 18.1x | ||
| Equity Trustees is an Australian trustee company and wealth manager headquartered in Melbourne. It was established on 10 December 1888 by a Victorian Act of Parliament as Equity Trustees Executors and Agency Company Limited, and since the end of 2015 it has been the main subsidiary of ASX-listed EQT Holdings Limited. The group acts as executor and trustee of estates, trusts and charitable foundations, provides private wealth and philanthropic services, and supplies responsible entity, trustee and fund services to fund managers and corporate clients. It earns its revenue mainly from fees on funds under administration and supervision. Much of its growth has come from buying other trustee and superannuation businesses, including ANZ Trustees in 2014 and Australian Executor Trustees in 2022. Besides Melbourne it has offices in Adelaide, Sydney, Brisbane and Perth. | $16 | -5% | $420M | $412M | 3.5x | 9.8x | ||
| Bell Financial Group Ltd is a capital market service provider based in Australia. It is engaged in providing stockbroking, investment, and financial advisory services to private, institutional, and corporate clients. The reporting segments of the company are: Technology & Platforms, Products & Services, and Broking. Maximum revenue is generated from the Broking segment, which includes traditional retail client broking (Retail client focus) and traditional wholesale client broking services (Institutional and Wholesale client focus). The Technology & Platforms segment includes proprietary technology and platforms, including online broking, and the Products & Services segment represents its margin lending, cash, portfolio administration, and superannuation solutions products and services. | $1 | +17% | $312M | $164M | 0.8x | 3.9x | ||
| Praemium Ltd is a provider of portfolio administration, investment platforms, and financial planning tools to the wealth management industry. Its clients are predominantly firms that provide financial advice to investors, namely financial advisers, brokers, accountants, investment managers, banks, and other financial providers such as superannuation administrators. | $0 | -34% | $193M | $175M | 2.3x | 10.5x | ||
| Fiducian Group Ltd operates as a financial services company. It is a provider of specialist financial services to both financial advisers and retail and wholesale clients throughout Australia. The company has the following segments; Funds Management, Financial Planning, Platform Administration, and Corporate Services. It generates maximum revenue from the Financial Planning Segment through which it provides specialist financial planning services to its customers. | $6 | -27% | $184M | $165M | 2.5x | 6.7x | ||
| Prime Financial Group Ltd is an integrated accounting and business advisory, wealth management, and capital advisory company for business owners and family groups. It offers services accounting and tax compliance, start-up services, SME advisory, director and board services, life insurance, estate planning, lending and finance, transaction and restructuring services, superannuation, and others. Its segments are Business Segment and the other to Wealth Management segment. The company generates the majority of its revenue from the Wealth Management segment. | $0 | -16% | $35M | $53M | 1.3x | 5.7x | ||
| The Australian Wealth Advisors Group Ltd is a Financial Management Firm. Its passion and expertise are providing attentive financial planning and advisory services on asset allocation and Asset Management. The operating segment includes the investment and funds management segment and the Wealth Management support services segment. | $0 | +10% | $31M | $29M | 3.6x | - | ||
| Clime Investment Management Ltd is engaged in providing integrated wealth solutions to clients by operating under the Australian Securities and Investments Commission (ASIC) granted Australian Financial Services Licenses (AFSLs). The Group engages in various activities such as; providing private wealth advisory services; providing licensee services to financial advisers; offering online equity research and valuation tools to investors; and acting as investment manager for various funds. The company's reportable segments are; Fund Management; Advice; and Corporate Centre. A majority of its revenue is generated from the Investment Management segment. Geographically, the company operates only in Australia. | $0 | -34% | $14M | $16M | 1.7x | - | ||
| Median | $1 | -5% | $193M | $165M | 2.5x | 9.8x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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