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Clime Strikes $6.5m Strategic Deal to Form Practitioner-Led Advice Business

Story Highlights
  • Clime will merge its advice arm into a practitioner-led group, creating a combined Clime Private Wealth business overseeing more than $2 billion in funds under advice.
  • The $6.5 million deal sees Clime retain a 10% stake, with options to lift ownership to 25%, supporting its shift toward core investment management activities.
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Clime Strikes $6.5m Strategic Deal to Form Practitioner-Led Advice Business

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Clime Investment Management Ltd ( (AU:CIW) ) just unveiled an update.

Clime Investment Management has entered a binding term sheet for a strategic partnership with an established Australian financial advice group, under which the counterparty will acquire Clime Advice Pty Ltd and its authorised representative network. The combined advice business, operating under the Clime Private Wealth brand, is expected to advise on more than $2 billion in funds under advice.

Clime will retain a 10% equity stake in the merged advice business, supported by vendor finance and options to increase its holding to up to 25% over time. The $6.5 million transaction, excluding Clime Private Wealth (QLD), is designed to shift Clime’s focus further toward investment management while keeping strategic alignment with a practitioner-led advice model as completion is targeted by the end of March 2026.

The most recent analyst rating on (AU:CIW) stock is a Hold with a A$0.33 price target. To see the full list of analyst forecasts on Clime Investment Management Ltd stock, see the AU:CIW Stock Forecast page.

More about Clime Investment Management Ltd

Clime Investment Management Limited is an Australian funds management and wealth business listed on the ASX under the ticker CIW. The company focuses on capital allocation and investment management, offering services such as Investment Management Accounts and portfolio management solutions under its Clime Private Wealth brand.

Average Trading Volume: 28,848

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$27.23M

Find detailed analytics on CIW stock on TipRanks’ Stock Analysis page.

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