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Why this broker merged his business with another

by Todd Stevens2 minute read
Leon Spadavecchia, Financia

Leon Spadavecchia, managing director and broker at Financia, placed 8th in the Elite Business Writers ranking 2018 - having moved up 10 places on the prior year. In this episode of Elite Broker, Leon joins host Annie Kane to reflect on his 25 years within the finance sector and discuss how and why he decided to merge his business with another brokerage to form independent brokerage, Financia.

Leon will explain the reasoning behind the merger, how work is distributed across the team, and the types of clients that they service in SA.  He will also share his thoughts around the role of AFG within the industry, his stance on the recommendations of the royal commission into banking misconduct, and how changes to trail commission will impact his business structure.

Leon will also share:

  • His tips for new brokers in the current environment
  • What he attributes to his success
  • Why he places such importance on referrals

And plenty more!

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Did you like this episode? Show your support by rating us or leaving a review on Apple Podcasts (Elite Broker) and by following The Adviser on social media: FacebookTwitter and LinkedIn. If you have any questions about what you heard today, any topics of interest you have in mind, or if you’d like to lend your voice to the show, email This email address is being protected from spambots. You need JavaScript enabled to view it. for more insight!

Articles of interest:

Leading brokers merge companies
SA’s top broker recognised at Better Business Awards
Be prepared: new stats reveal downturn coming

leon spadavecchia web


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