MA Financial Group Management

Management criteria checks 4/4

MA Financial Group's CEO is Julian Biggins, appointed in Jan 2009, has a tenure of 15.83 years. total yearly compensation is A$1.60M, comprised of 35.8% salary and 64.2% bonuses, including company stock and options. directly owns 3.15% of the company’s shares, worth A$32.10M. The average tenure of the management team and the board of directors is 4.8 years and 4.7 years respectively.

Key information

Julian Biggins

Chief executive officer

AU$1.6m

Total compensation

CEO salary percentage	35.8%
CEO tenure	15.8yrs
CEO ownership	3.1%
Management average tenure	4.8yrs
Board average tenure	4.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Julian Biggins's remuneration changed compared to MA Financial Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	AU$25m
Mar 31 2024	n/a	n/a	AU$27m
Dec 31 2023	AU$2m	AU$574k	AU$29m
Sep 30 2023	n/a	n/a	AU$35m
Jun 30 2023	n/a	n/a	AU$42m
Mar 31 2023	n/a	n/a	AU$43m
Dec 31 2022	AU$3m	AU$576k	AU$45m
Sep 30 2022	n/a	n/a	AU$42m
Jun 30 2022	n/a	n/a	AU$38m
Mar 31 2022	n/a	n/a	AU$35m
Dec 31 2021	AU$2m	AU$500k	AU$32m
Sep 30 2021	n/a	n/a	AU$32m
Jun 30 2021	n/a	n/a	AU$32m
Mar 31 2021	n/a	n/a	AU$29m
Dec 31 2020	AU$2m	AU$423k	AU$26m
Sep 30 2020	n/a	n/a	AU$26m
Jun 30 2020	n/a	n/a	AU$25m
Mar 31 2020	n/a	n/a	AU$24m
Dec 31 2019	AU$2m	AU$450k	AU$23m
Sep 30 2019	n/a	n/a	AU$25m
Jun 30 2019	n/a	n/a	AU$26m
Mar 31 2019	n/a	n/a	AU$28m
Dec 31 2018	AU$2m	AU$450k	AU$29m
Sep 30 2018	n/a	n/a	AU$31m
Jun 30 2018	n/a	n/a	AU$32m
Mar 31 2018	n/a	n/a	AU$31m
Dec 31 2017	AU$2m	AU$450k	AU$30m

Compensation vs Market: Julian's total compensation ($USD1.04M) is about average for companies of similar size in the Australian market ($USD1.09M).

Compensation vs Earnings: Julian's compensation has been consistent with company performance over the past year.

CEO

Julian Biggins

15.8yrs

Tenure

AU$1,602,886

Compensation

Mr. Julian Biggin serves as Joint-Chief Executive Officer of MA Financial Group - Sydney at Moelis & Company since 2023 and had been its Joint-CEO - Moelis Australia since 2020 until 2023. He is a Co-Found...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Julian Biggins	Co-Founder	15.8yrs	AU$1.60m	3.15% A$ 32.1m
Christopher Wyke	Co-Founder	15.8yrs	AU$1.62m	4.44% A$ 45.3m
Andrew Pridham	Co-Founder & Group Executive Vice Chairman	14.5yrs	AU$520.75k	19.41% A$ 197.9m
Giles Boddy	Chief Financial Officer	1.7yrs	AU$790.35k	no data
Janna Robertson	Chief Operating Officer	5.8yrs	AU$951.88k	0.077% A$ 786.6k
Rebecca Ong	General Counsel & Company Secretary	4.8yrs	no data	no data
John Garrett	Managing Director of Asset Management	no data	no data	no data
Amelia Hill	Managing Director	2.8yrs	no data	no data
Steven Katz	Managing Director	2.8yrs	no data	no data
Andrew Martin	MD & Head of Asset Management	no data	no data	no data
Paul Rathborne	MD & Head of Corporate Advisory	no data	no data	no data
Colin Richardson	Managing Director	1.9yrs	no data	no data

4.8yrs

Average Tenure

Experienced Management: MAF's management team is considered experienced (4.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Julian Biggins	Co-Founder	7.8yrs	AU$1.60m	3.15% A$ 32.1m
Christopher Wyke	Co-Founder	4.7yrs	AU$1.62m	4.44% A$ 45.3m
Andrew Pridham	Co-Founder & Group Executive Vice Chairman	14.5yrs	AU$520.75k	19.41% A$ 197.9m
Kenneth Moelis	Non-Executive Director	15.8yrs	no data	no data
Simon Columb Kelly	Independent Non-Executive Director	3.6yrs	AU$165.00k	0.058% A$ 595.7k
Nikki Warburton	Independent Non-Executive Director	1.9yrs	AU$120.00k	0.012% A$ 127.1k
Jeffrey Browne	Independent Non-Executive Chairman	7.8yrs	AU$280.00k	0.092% A$ 939.0k
Kate Ciafone	Non-Executive Director	4.3yrs	no data	no data
Alexandra Goodfellow	Independent Non-Executive Director	4.3yrs	AU$165.00k	0.020% A$ 202.6k

4.7yrs

Average Tenure

60yo

Average Age

Experienced Board: MAF's board of directors are considered experienced (4.7 years average tenure).

MA Financial Group Management

Management criteria checks 4/4

Key information

Recent management updates

Key Executive recently sold AU$12m worth of stock

Key Executive recently sold AU$903k worth of stock

MA Financial Group Limited, Annual General Meeting, May 29, 2024

Key Executive recently sold AU$299k worth of stock

Key Executive recently sold AU$1.4m worth of stock

Independent Non-Executive Chairman recently sold AU$2.5m worth of stock

Recent updates

Key Executive recently sold AU$12m worth of stock

Investor sentiment improves as stock rises 16%

First half dividend of AU$0.06 announced

MA Financial Group Limited Announces Fully Franked Interim Dividend for the Six Months Ended 30 June 2024, Payable on 18 September 2024

First half 2024 earnings released: EPS: AU$0.084 (vs AU$0.11 in 1H 2023)

MA Financial Group Limited to Report First Half, 2024 Results on Aug 22, 2024

Now 21% overvalued

Key Executive recently sold AU$903k worth of stock

Now 20% overvalued

MA Financial Group Limited, Annual General Meeting, May 29, 2024

Investor sentiment deteriorates as stock falls 21%

Full year 2023 earnings released: EPS: AU$0.18 (vs AU$0.28 in FY 2022)

New minor risk - Shareholder dilution

MA Financial Group Limited to Report Fiscal Year 2023 Results on Feb 22, 2024

Key Executive recently sold AU$299k worth of stock

Pacific Equity Partners made an offer to acquire Healthia Limited from MA Financial Group Limited (ASX:MAF), Wilson Asset Management (International) Pty Ltd. and Regal Partners Limited (ASX:RPL) for an offer per share of AUD 1.8.

First half 2023 earnings released: EPS: AU$0.11 (vs AU$0.13 in 1H 2022)

Ma Financial Group Limited Announces Dividend for Period of Six Months Ended June 30, 2023, Payment Date Is September 20, 2023

MA Financial Group Limited to Report First Half, 2023 Results on Aug 24, 2023

Key Executive recently sold AU$1.4m worth of stock

Independent Non-Executive Chairman recently sold AU$2.5m worth of stock

Independent Non-Executive Director recently bought AU$88k worth of stock

Investor sentiment deteriorates as stock falls 16%

Key Executive recently sold AU$5.5m worth of stock

Full year 2022 earnings released: EPS: AU$0.28 (vs AU$0.22 in FY 2021)

MA Financial Group Limited Announces CFO Changes

MA Financial Group Limited to Report Fiscal Year 2022 Results on Feb 23, 2023

MA Financial Group Limited Appoints Nikki Warburton as an Independent Non-Executive Director

Less than half of directors are independent

Ma Financial Group Limited Announces Resignation of Graham Lello as Chief Financial Officer, Effective March 31, 2023

Redcape Hotel Group Announces Departure of Dan Brady as Chief Executive Officer, Effective December 31, 2022

MA Financial Group Limited (ASX:MAF) announces an Equity Buyback for AUD 25 million worth of its shares.

Investor sentiment deteriorated over the past week

Key Executive recently sold AU$709k worth of stock

First half 2022 earnings released: EPS: AU$0.13 (vs AU$0.10 in 1H 2021)

Dividend/Distribution - Mafma Financial Group Limited Announces Dividend for Period of Six Months Ended June 30, 2022, Payment Date Is September 21, 2022

MA Financial Group Limited to Report First Half, 2022 Results on Aug 25, 2022

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Independent Non-Executive Director recently bought AU$106k worth of stock

Less than half of directors are independent

Co-Founder recently sold AU$2.3m worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

MA Financial Group Limited Declares Final Dividend for the Year Ended 31 December 2021, Payable on 11 March 2022

MA Financial Group Limited to Report Fiscal Year 2021 Results on Feb 17, 2022

MA Financial Group Limited (ASX:MAF) completed the acquisition of Finsure Holding Pty Ltd from BNK Banking Corporation Limited (ASX:BBC).

MA Financial Group Limited (ASX:MAF) agreed to acquire Finsure Holding Pty Ltd from BNK Banking Corporation Limited (ASX:BBC) for AUD 150 million.

Independent Non-Executive Director recently bought AU$69k worth of stock

First half 2021 earnings released: EPS AU$0.10 (vs AU$0.062 in 1H 2020)

Investor sentiment improved over the past week

Non-Executive Director recently bought AU$7.7m worth of stock

Moelis Australia Limited (ASX:MOE) agreed to acquire Retpro Pty Ltd for AUD 10.5 million.

Full year 2020 earnings released: EPS AU$0.18 (vs AU$0.15 in FY 2019)

Revenue beats expectations

Moelis Australia Limited to Report Fiscal Year 2020 Results on Feb 17, 2021

New 90-day high: AU$4.56

New 90-day high: AU$3.98

Co-Founder & Group Vice Chairman recently bought AU$1.8m worth of stock

New 90-day high - AU$3.96

Earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age