The key to success in any transaction is cultural alignment. The focus should always be on client and staff outcomes, and if you get these rights you will get the best result for your business and family. The key to valuing a business is looking beyond the numbers, and focusing on client, staff, systems, processes, marketing, technology, compliance, and other components to get a true and full picture of the strengths and weakness of each business reviewed. “A business is a living organism, and you need to understand each part that makes it work”.
How can we help?
Forte is at the forefront of the mergers and acquisition market within the financial services industry. We work in real time to assist business owners to grow and capitalise on opportunities that are presented towards them. We share our knowledge in market commentaries, presentations, webinars, and one on one consulting. Our expertise and experience enable us to provide clients with both the theory and real-world application throughout the M&A process. We are very well networked and have more than 6000 subscribers in our database. We consult on a variety of M&A strategies including business sales, succession planning, capital raising, partial equity sales, disputes, valuations, and other business advisory roles.
Steve is the founder and managing director of Forte Asset Solutions.Steve has enjoyed a successful 30 plus year career in financial services. Steve started his career in banking then stockbroking and in 1987 was Australia’s youngest certified investment planner. Steve was involved in the creation of National Mutual Financial Planning, before joining First State Fund Managers. Steve was a Partner in Deloitte and CEO of Deloitte Financial Services a HNW Advisory Group. After selling DFS Steve created Australia’s first specialist financial services M&A group. Steve has sold over 150 practices in his career spanning financial planning, accounting, risk, mortgage brokering, asset management, dealer groups and multi-disciplined. Steve is a member of the International Association of Consultants, Valuators and Analysts. Steve enjoys playing bad golf and drinking good wine with friends and family.
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Our Success Stories
Hear what companies have to say about
their experience using Forte
Wills Financial Planning
Business saleI had heard Steve talk at a seminar about the sale of FP practices. I had kept the information on Steve in a file and made contact with him when I was ready to sell. I found Steve to be very professional, ethical and diligent. After providing him with the detailed information he requested, he then proceeded with the sale process. I was expecting this to take 18 month to 2 years. Within a few weeks Steve had a number of ASX listed companies and advisers whom were interested in purchasing my asset. The Sale documents were signed on 6 months later
Business SaleForte’s focus at all time is on the client outcomes or in my case the advisers we looked after. The decision making is a large part on culture and then on the commercial aspects of the transaction. It is not easy to sell your business but it gives great comfort to work with professionals who have networks, processes and understand the marketplace intimately.
Business saleUltimately it was a very positive experience working with the team at Forte. Steve was committed from day 1 to finding the right fit for my business & clients. A sale of any business has its challenges but Steve's processes, experience & communication ensured a smooth journey and positive outcome for all parties. If I were to do it all over again, I would certainly engage Forte Asset Solutions.... because if you are going to do something, do it right.
The Taggart Group
Business saleI can never thank Steve Prendeville and the Forte team for making such an important decision, seamless enriching and undertaken at a level that was so professional and diligent. Steve is an incredible person, highly intelligent, extremely commercial, sympathetic,and respectful of how businesses are to be bought,sold or merged with the right culture and people. If you are considering any of these particular transactions in your business Steve Prendeville, his staff and business is the organisation to deal with. I cannot recommend them highly enough and I say publicly thank you, thank you, thank you for what you did for me, our business and family.
Business saleHaving never sold a business before, we were understandably nervous but we received invaluable guidance, support and advice through a lengthy but ultimately worthwhile process. Forte's experienced, steady views on things were fantastic. We have now successfully merged our business with a firm that is an ideal place for our clients and our staff - mission accomplished!
Business saleIt was fantastic to deal with Steve and his team. We are so happy with the outcome they have managed to accomplish for us.Client care and cultural alignment were the two crucial factors for us. I believe we have not only achieved that but achieved a complete win-win for all the stakeholders involved. It was only made possible with Forte’s ongoing help, patience, systematic approach, professional guidance, and extensive network.I am truly grateful for all the hard work that the Forte team put in to assist us with the transaction and would be very happy to recommend their services to my peers in the industry.