Woven Advice has launched a new revenue projection tool designed to help advice firm owners – and potential buyers – model growth and demonstrate value.
The tool, part of Woven’s insight analytics suite, aims to address two pressing needs in the advice market: calculating firm valuations amid ongoing consolidation and supporting advisers with their organic growth strategies.
By drawing on live practice management data, firms can adjust variables such as average client size, client onboarding and operating costs to instantly see the impact on revenue and EBITDA.
Assets under management and other metrics can also be modelled to illustrate different scenarios.
The launch comes as the dynamics of the UK advice market continue to shift.
Research from consultancy NextWealth shows that 11 new buyers entered the market last year, while 21 previously active acquirers stepped back.
This, it said, highlights ongoing demand for advice firms, but with greater selectivity as buyers place more emphasis on organic growth potential.
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Nicky Sevel, CEO and co-founder of Woven Advice, said: “We exist to give advice firms clarity so that they can make better decisions.
“The revenue projection feature is about giving business owners the insight they need to make those strategic decisions – whether that be positioning your firm for sale or building towards future growth.”
The development of the tool was shaped by adviser feedback.
Andrew Elson, managing director of Berry & Oak, said: “It’s rare to see feedback turn so quickly into such a powerful solution – and Woven have achieved exactly that. I’m used to tools that model client data, but this one models the advice firm itself.
“For my business, we can now live-track using integrated data, taking our modelling far beyond spreadsheets and making it more usable, reliable and secure.”
M&A specialist Martyn Laverick of Catalyst Partners added: “Data quality and growth potential are make-or-break in the current market.
“With 20% of firms gearing up to exit, those that can show robust forecasts are the ones commanding attention and premium valuations.”
Woven will demonstrate the tool to advice firm owners on Friday 5 September.
