Prime Financial Group Limited · ASX:PFG

Prime Financial — Shareholder Meeting (November 2011)

17 slides from Prime Financial's shareholder meeting presentation, Nov 25, 2011

  1. Slide 1: Annual General Meeting 25 November 2011

    Annual General Meeting 25 November 2011 Integrated Wealth Management

  2. Slide 2: Welcome

    Welcome  Directors:  Stuart James - Chairman  Simon Madder - Managing Director/CEO  Stephen Bennett - Non Executive Director  Peter Madder - Executive Director  Company Secretary:  Campbell Kennedy  Auditors:  William Buck Audit (VIC) Pty Ltd  Share Registry:  Computershare Investor Servi

  3. Slide 3: Agenda

    Agenda  Chairman's Address – Stuart James  Managing Director/CEO's Report – Simon Madder  Business of the Meeting

  4. Slide 4: Managing Director/CEO's Report

    Managing Director/CEO's Report Simon Madder Integrated Wealth Management

  5. Slide 5: Prime Financial Group Ltd – Positioning

    Prime Financial Group Ltd – Positioning  What do we do?  Provide Integrated Wealth Management Services  Financial Planning  Investment Advice  Asset Protection & Life Insurance  Superannuation including Self Managed Superannuation, and  Accounting Services  To whom do we provide  Over 4,000

  6. Slide 6: Prime Financial Group Ltd – Positioning… cont

    Prime Financial Group Ltd – Positioning… cont  How do we access  Through our Accounting Firm Equity Partners & Accounting new clients Investees  40,000+ Accounting Clients to access for Wealth Management  Why are we  Independent Operating Model, providing Personalised Service successful? to a C

  7. Slide 7: Structure Chart

    Structure Chart Prime Financial Group Ltd Wealth Management Accounting Services 100% Equity $1B+ FUM and over 4,000 clients Carroll, Pike & Piercy Primestock Securities Pty Ltd Ltd Up to 50% Equity 50% Equity 30 Wealth Management Entities jointly owned 7 Accounting Firms with Accounting Firms Access

  8. Slide 8: Summary Full Year Results

    Summary Full Year Results Financial FY10 FY11 % Change Earnings Before Interest & Tax (EBIT) ($M) 5.36 5.50 + 3% Net Profit After Tax (NPAT) ($M) 3.66 3.84 + 5% Basic & Diluted Earnings (cents per share) 2.3 2.4 + 4% Dividend Paid & Proposed (cents per share) 1.5 1.5 0% (fully franked) Operational F

  9. Slide 9: Summary Profit & Loss

    Summary Profit & Loss Annual FY10 1H11 2H11 FY11 % Change Wealth Management – New Business Income ($M) 3.31 1.63 1.37 3.00 - 9% Wealth Management – Recurring Income ($M) 7.35 3.66 3.59 7.25 - 1% Total Wealth Management Income ($M) 10.66 5.29 4.96 10.25 - 4% Accounting Services Investees ($M) 2.53 1.

  10. Slide 10: FY2011 Results Summary

    FY2011 Results Summary Wealth Management  Total Wealth Management Income is down 4% despite an overall increase in FUM and Asset Protection & Life Insurance for FY11. This is principally due to:  Lower transactional income (Investment Brokerage and New Issues & IPO's)  Lower FUM earnings from a n

  11. Slide 11: Key Metric – New Business

    Key Metric – New Business Introduction New Leads (monthly average) 60  Prime has updated our new client tracking 51 system to a real time IT program (SalesForce). 50 43 It tracks new leads, work in progress and client 40 31 FY10 completions 30 1H11 20  This is a valuable tool to track the 2H11 dev

  12. Slide 12: Proposed Changes To The Financial Services Industry (FoFA)

    Proposed Changes To The Financial Services Industry (FoFA)  Proposed changes in the current form will not materially impact Prime or its current business model, there is however potential for an increased administration burden in the future  For 80%+ of Prime's FUM, clients remunerate Prime direct

  13. Slide 13: FY2012 Targets & Longer Term

    FY2012 Targets & Longer Term FY2012  Continue to work on and improve key indicators within the business that drive earnings:  New FUM of $80.0M - $100.0M + for year  FUM Annualised Net Margin at or around 1.00%  Build on existing service lines & rollout new service offerings for our client base

  14. Slide 14: Business of Meeting Agenda

    Business of Meeting Agenda  Business of the Meeting  Consideration of Financial Statements  Note: There is no requirement for shareholders to approve these statements  Adoption of the Remuneration Report  Re-Election of Director - Stuart James

  15. Slide 15: Adoption of Remuneration Report

    Adoption of Remuneration Report Resolution 1  To consider and, if thought fit, to pass (with or without modification) the following as a non-binding ordinary resolution: “That the Remuneration Report for the year ended 30 June 2011 forming part of the Director's Report be adopted by the members.” P

  16. Slide 16: Re-Election of Director

    Re-Election of Director Resolution 2 : Re-Election of Director – Mr. Stuart James  To consider and, if thought fit, to pass (with or without modification) the following as an ordinary resolution: “That Mr. Stuart James, a Director retiring by rotation in accordance with the Company's Constitution,

  17. Slide 17: Thank you

    Thank you Integrated Wealth Management

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