What is KnowledgeMaster?
KnowledgeMaster International is an Australian firm that helps people buy and sell financial planning and advice businesses. They support financial advisers with soft skills training and industry news.
Who owns and runs Knowledgemaster International?
The organisation is run by Jim Prigg who collates and distributes the helpful free KMN newsletter for those employed in the financial advice sector.
What services does KnowledgeMaster offer?
KnowledgeMaster offers these core services:
- Helping with the purchase and sale of financial planning and advice businesses in Australia
- Offering soft skills training for financial advisers and their teams
- Offering access to a practical library of fundamental interaction, communication, sales and soft skills library.
- Delivering a free industry newsletter (KMN) covering news relevant to financial advisers, AFSLs and financial planning businesses.
Does KnowledgeMaster help advisers sell their financial planning business?
Yes. KnowledgeMaster works with financial advisers and business owners across Australia who are looking to sell their client book, practice or advice business. They help connect sellers with qualified, cashed up buyers.
Does KnowledgeMaster help those looking to buy a financial planning business?
Yes. KnowledgeMaster also works with advisers, practices and AFSLs looking to grow through acquisition. They help them find financial planning and advice businesses available for purchase.
What is involved in buying or selling a financial planning business through KnowledgeMaster?
KnowledgeMaster draws on Jim Prigg’s long-standing network in the Australian financial advice industry to match buyers and sellers, and to guide both parties through the process. Specific steps vary by transaction, so advisers considering a purchase or sale are encouraged to contact Jim directly to discuss their situation. This includes:
- A draft Information Memorandum to be populated by sellers
- A draft Non-Disclosure Agreement (NDA) is provided
- Mention in the fortnightly newsletter (circulation 5,600) of opportunities and offers
- Uploaded to the Knowledgemaster website
What soft skills training does KnowledgeMaster provide?
KnowledgeMaster provides soft skills training supporting financial advisers and their teams, focused on the interpersonal and communication skills that support client relationships and practice growth, alongside technical advice competence.
Who is the KMN newsletter for?
The KMN newsletter is written for financial advisers, financial planning and advice businesses, accountants, mortgage brokers and Australian Financial Services Licensees (AFSLs), covering news and developments relevant to running and growing an advice business.
Is the KMN newsletter free?
Yes, the KMN newsletter is free to subscribe to and read.
Can the newsletter be utilised on a regular basis to provide information about offers and opportunities?
Commercial arrangements to insert opportunities and offers to the national client base (community) are available are welcome.
How do I subscribe to the KMN newsletter?
You can subscribe to the free KMN newsletter at knowledgemaster.com.au/kmn-subscribe.
Who does KnowledgeMaster work with?
KnowledgeMaster works with financial advisers across Australia, Australian Financial Services Licensees (AFSLs), product manufacturers and Australian Credit Licensees (ACLs), as well as SMSF specialists, accountants and others connected to the financial advice industry.
Does KnowledgeMaster work with SMSF specialists and accountants?
Yes. While KnowledgeMaster’s core focus is financial advisers, AFSLs and ACLs, its services and newsletter are also relevant to SMSF specialists, accountants and other professionals working alongside the financial advice industry.
Where is KnowledgeMaster based, and does it operate Australia-wide?
KnowledgeMaster is an Australian business located in Victoria working with financial advisers, practices and AFSLs across the country, not limited to a single state or region.
How do I contact KnowledgeMaster?
You can contact Jim Prigg at KnowledgeMaster on +61 408 520 453, or via the contact details at
knowledgemaster.com.au.
knowledgemaster.com.au.