Centrepoint Alliance Expands with Strategic Acquisition of Brighter Super’s Advice Book

An announcement from Centrepoint Alliance Limited ( (AU:CAF) ) is now available.

Centrepoint Alliance Limited has announced its acquisition of Brighter Super’s comprehensive financial advice book, a strategic move aimed at enhancing its service offerings and expanding its client base. This acquisition will allow Centrepoint to strengthen its position in the financial advice market by potentially transitioning up to 400 customers and generating approximately $1 million in annual revenue. The transaction includes a three-year referral arrangement and employment opportunities for Brighter Super’s financial advisers, further solidifying Centrepoint’s market presence.

More about Centrepoint Alliance Limited

Centrepoint Alliance Limited (ASX: CAF) is a leading provider of financial advice and services to financial advice firms and customers throughout Australia. The company operates five core business lines: Licensee Services, Financial Advice, Investments, Platforms, and Lending. These services include licensing options, practice management, compliance, research, education, technology, personalized financial advice, investment solutions, portfolio services, and lending support.

YTD Price Performance: 1.56%

Average Trading Volume: 159,124

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$64.64M

For an in-depth examination of CAF stock, go to TipRanks’ Stock Analysis page.