Gives them a good pipeline of FUM and FuAdmin growth which will take some time to work though. They won't be able to convert it all but if they can convert 50-60% of the acquired FuAdvice on to their platform perhaps it adds $2.5-$3m of NPATA in 3 years. Hopefully they can convert a higher % of the acquired funds
Ann: Fiducian Acquires PCCU $1.1 Billion FP Business, page-4
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