Me thinks there is a "charity" paying you and all the posters with Sentiment None Disclosure Not held to do the overtime and nightshifts to talk down the IAM business in every posible way, I have been taking notes for over 6 months of the the traffic and posters that don't hold IAM in what they try do here (manipulation at it's finest touch)
Have to say today's fresh arrival of the "Never Right" made me laugh bits "NeutralOpinions" and the big MKat
The fascinating thing is each downrumper arrives whith a fresh "story" plan of attack
Hope you all do well and IAM sure you all are not flying above with no interest just to make us LTs aware that we have invested in the wrong stock that would be just to kind of you to be true
Talking of research this is the latest IAM event the Roadshow and below I post again the notes from a friend that attended the Roadshow:
"- they are still working out with the ASX about how they can get around the naming thing, the company two weeks ago did not want to be named
- The portal will be good cashflow as when a client orders something one of the first things it does it charge the clients credit card along with alerting the offshore team
- 73 employees globally
- Patrick met the chairman last week in Sydney of the company which the deal fell through.. he is happy with integer and work is continuing
- No problem with demand, demand is ridiculous quote by mark fisher
- Could be quarterlies along with market updates with metrics eg x amount of operations conducted
- Mark fisher has regular context with MOU2.. it goes to their board every month one of the main reasons for the hesitance is with them being named
- Own private cable which means data can't be hacked, it's an expensive investment and another reason why it would be hard to compete because it's a lengthy operation and it's been in place since listed, I assume it's some sort of fibre optic?
- Portal is for everyone not just 40%
- A reason why banks wouldn't worry about setting up their own offshore solution is because they sell products they dont really care for the practices costs
- The portal is very simplistic and there is people specifically working doing that
- 10 staff in CEBU and will be hiring 10 a month there
- CEBU is used for low complexity tasks
- Since IAM has hired all the best talent it would take a competitor a year to hire and train staff
- IAM enteres into long contracts with employers so they don't loose them to a future possible competitor
- Demand isn't the issue, it's meeting demand sustainably
- Sit down/ announcement in the next few weeks with sentry
- Portal eliminates need to sign contracts
- Online portable is scalable as it can be accessed 24/7 by anyone
- They could service multiple hundred advisors currently
- Offshoring industry is being eroded by automation it's an ever changing industry
- They have enough money now with projected cash flows to not need a future CR but anything can happen as plans can change
- Xplan not a competitor and mark has a good relationship with them"
From Greg G and the IAMLTH team awesome research put together enjoy:
IAM OPPORTUNITY AHEAD.
We have created the latest insight and research into the IAM potential market opportunity (SOA) in Australia based on known facts & information pulled from many reliable sources.
The purpose of this is to align to IAM's new investor relations strategy to demonstrate their exponential quarterly growth (FPP's) without necessarily naming clients who do not want exposure for their own governance and restrictions.
We would also like to point out something much more important. Once an IAM client (FP) signs-off, there is typically the processing of insurance apps/other platforms which are extremely time consuming; i.e. super and investment applications. Once policies are in place, the FP must send a couple of documents to thier clients annually. This alone generates a fee disclosure statement and an opt-in doc adding more costs.
We believe the SOA figures stated below backed by Government and Industry Professionals may only equate to 30-40% of IAM's potential revenue. If this is the case then the numbers provided below can be multipled significantly.
As mentioned we have not factored in Lilly, Klip and any other IAM back-office servicing tasks that will be key to the Financial Planning Industry.
So what does this mean?
It means that for the first time you can actually understand the market opportunity (SOA) without worrying about signing any major clients (Currently being negotiated or IAM will inform the market) and really focus on the prize which is growth! I have not factored in Klip, Lilly or any other IAM products/services so factor this in!
So what is growth?
Growth is simply the new amount of FPP's (Financial Planning Practices) that sign-up with IAM not excluding individual FP's (Financial Planners) or any current/future products/services not yet monetised which could potentially sign-up directly.
So why is this so important?
Lets take a look at several of the key questions that should help you understand the potential opportunity ahead of us ALL right now focusing just on SOA's.
- What does 20% of Australians seeking advice look like for IAM?
- What is the total number of FPP's in Australia?
- What is the total number of FP's in Australia?
- How many SOA's are produced each year?
- How big is the other 40% of the FPP market worth?
- How big are CPA's worth to IAM?
- How big are the non-Australian markets worth to IAM?
- How much can IAM save the Australian FP Industry?
IAMLTH.com has provided the above context independent of IAM and/or Intiger Group Limited but through public information and in consultation with industry members. This is strictly our opinion and not of IAM or Intiger Group Limited but IAM sure you can see the picture that is un-folding and this amazing opportunity just factoring SOA's alone. Brilliant!
Here are the answers.
What does 20% of Australians seeking advice look like for IAM?
4,920,000 potential SOA clients
What is the total number of FPP's in Australia?
8,000
IAM's recent FPP Growth & time until 40% Market (SOA) achieved?
50% continued growth from Expected Jan to March Realised.
25mths!!!
What is the total number of FP's in Australia?
18,000
How many SOA's are produced each year?
On average an FP will create 100+ SOA's X 18,000 X $40 (SOA) = $72M
How many SOA's are produced by the 40% (Rest of the Market)
$72M X 40% = $28.8M
Example of some of the FPP controlling 40% of the market?
Sentry 346x FP's
iPac 251x FP's
Dover Financial 350x FP's
Clearview 139x FP's
Synchron 357x FP's
Millenium3 696x FP's
Crowe Horwath 73x FP's
Professional Investor Services 440x FP's
State Super 153x FP's
SMSF Advisors Network 715x FP's
Hill Ross 335x FP's
Yellow Brick Road 111x FP's
How big are CPA's potentially worth to IAM?
61,000x members = $$$
How big are the non-Australian markets worth to IAM?
Are there enough zero's?
How much can IAM save the Australian FP Industry?
(Av. cost $1,000+) less $40 x 4,920,000 people = $196,800,000+
Yes, that right! IAM could potentially save Australians:
$196,800,000 that could be better spent elsewhere with rising living costs!
Intiger Group Limited owns Intiger Asset Management that provides the technology which drives the entire IAM technology client experience. Klip & Lilly will fundamentally change the profitability, risk profile & performance management of Australian Financial Planning Practices and Groups that come onboard looking for significant back-end office savings.
Australian trained & experienced Underwriters & Secured Lending Administration Teams will replicate your current Australian Operation. Your Underwriting & Back Office resource costs will be reduced by up to 40%.
(20min delay)