Investment Management and Superannuation Services
The key intangible assets of Investment Management and Superannuation service operations often include funds under management (FUM), customer contracts and relationships and agreements such as administration, management, sponsor, promoter, investment and advisory service agreements.
The valuation reports Lotus Amity prepare operators in the Investment and Superannuation industry include detailed granular analysis to support estimated future revenue, such as monthly membership growth and member churn, FUM per member growth and fees as a % of FUM analysis.
To estimate cash flows our valuation reports typically include an analysis of staff levels and staffing capacity, operating margins, ad hoc and project expenses, capital expenditure, working capital requirements, tax losses and industry benchmarking.
Other areas of analysis include agreement termination risk, changes in government legislation and key man risk.
Experience
Examples of Investment Management and Superannuation service valuation reports prepared by Lotus Amity include:
- Valuation of the shares in a large national group providing promotion, administration and investment management’s ethical superannuation services and investment advisory services. Valuation report prepared to assist in the valuation of shares under the Employee Share Option Plan.
- Valuation of the investment and promoter agreements, the brand, goodwill, assembled workforce and deferred consideration in relation to a superannuation business acquisition. Purchase Price Allocation report prepared for financial reporting purposes.
- Valuation of the fair value of employee Zero Exercise Price Options in a superannuation fund, together with the expected number to vest. Report prepared for financial reporting purposes.
- Valuation of an investment management company. Valuation report prepared for a restructuring and for tax purposes