Stable Financial

What Stable Financial does

Stable Financial is an Australian chartered accounting and business advisory firm specializing exclusively in the thoroughbred horse industry. Founded in 1991 and under current ownership since 2012, the firm operates from Southbank, Victoria with an 8-person team and is privately held by Director Adam Tims CA and partner Louise Morris CA. Its service offering spans accounting and management reporting, tax consulting and compliance, superannuation and investment advice (via Dixon Advisory), AFSL-licensed horse breeding and racing syndicate management (Stable Connect, AFSL #: 336964), and industry-specific legal services (Stable Legal), positioned as an integrated one-stop shop for thoroughbred breeders, owners, trainers, bloodstock agents, studs, and industry associations.

The firm's underlying technology is intentionally light: there is no proprietary platform, and client service delivery relies on third-party accounting software (Ardex Premier, Xero, MYOB) combined with a Stable Client Portal for document and reporting access. Distribution is relationship-driven, anchored by physical presence at major horse sales (Magic Millions, Inglis Easter, Inglis Premier Yearling Sale), referrals from prominent industry figures, and an ongoing content marketing effort via newsletter, social media, and an industry commentary blog. Stable Financial monetizes through professional service fees (fixed-fee or time-and-materials) across accounting, tax, legal, syndication management, and wealth advisory engagements, with pricing not publicly disclosed.

Customer concentration is structurally high: the addressable market is narrow by design, and the publicly visible client base comprises prominent HNW thoroughbred operations such as James Harron Bloodstock, Gilgai Farm, and Swettenham Stud. The firm's competitive position rests on 30+ years of niche domain expertise, a formal representative role with Thoroughbred Breeders Australia in dealings with the Australian Taxation Office, and participation in drafting ATO ruling TR 2008/2. No revenue figures are publicly disclosed, no funding rounds or institutional investors are referenced, and there is no evidence of AI/ML capability.

Name

Stable Financial

Legal name

Stable Financial

Website

https://stablefinancial.com.au

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

1–10 employees

Short description

Stable Financial is an Australian chartered accounting and business advisory firm specializing exclusively in the thoroughbred horse industry, offering accounting, tax, legal, syndication management, and SMSF advisory services to breeders, studs, bloodstock agents, and HNW owners.

Ownership category

akta.pro rank

Product category

Specialized Accounting and Tax Advisory

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525), Pension Funds (525110)

SIC

Investment Advice (6282)

akta.pro primary industry

Racehorse Ownership, Syndication & Investment Platforms (MPAEADAG)

Keywords

• Thoroughbred accounting services
• Horse industry taxation
• Bloodstock business advisory
• Horse syndication management
• Equine legal services

Headquarters

HQ city

Melbourne

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Professional Accounting Services: Stable Financial provides accounting, tax compliance, financial reporting, and business advisory services to thoroughbred industry participants. Revenue is generated through professional service fees billed to clients for ongoing accounting engagements, tax return preparation, management reporting, and strategic advice.
2. Tax Consulting and Compliance: The firm offers tax consulting, business structuring, tax office audit support, and tax compliance services. These are billed as professional service engagements, often on a fixed-fee or time-and-materials basis.
3. Horse Syndication Management: Through Stable Connect (SC) Ltd (AFSL #: 336964), the firm promotes and manages Horse Breeding and/or Racing Syndicates, providing management, consulting, and support services to thoroughbred breeding and/or racing syndicates. Revenue is derived from syndication management fees.
4. Legal Services: Stable Legal provides law practice services to the Thoroughbred Breeding and/or Racing industries, including legal documentation, advice on governing laws, and representation for industry participants.
5. Superannuation and Investment Advice: The firm provides superannuation planning and investment advice to clients, working in partnership with Dixon Advisory to deliver SMSF and investment advisory services.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Stable Financial is a niche professional services firm specializing in the thoroughbred horse industry, providing accounting, tax, legal, and syndication management services. Founded in 1991, the firm delivers expert advice on horse-specific tax law (ATO TR 2008/2), business structuring, and equine breeding and racing operations. Through its sub-brands Stable Connect (AFSL #: 336964) and Stable Legal, the firm offers a one-stop shop for thoroughbred industry participants including breeders, trainers, bloodstock agents, and high-net-worth individuals.

Product overview

Stable Financial operates as an integrated professional services firm specializing in the thoroughbred horse industry, offering a comprehensive suite of services under a multi-brand structure. The core offering comprises Stable Financial's accounting, tax, and business advisory services, complemented by Stable Connect for AFSL-licensed horse syndication management, and Stable Legal for industry-specific legal services. Additional offerings include the Business or Hobby Checklist for tax classification purposes and the Industry News Subscription for ongoing industry updates. The Stable Client Portal provides clients with secure access to their financial information.

Differentiator

Problem solved

Functional benefit

Products and services

• Stable Financial Core Accounting & Tax Services Full-service accounting, tax, and business advisory services for the thoroughbred horse industry, covering tax compliance, management reporting, business structuring, audit support, superannuation, and company secretarial services.
• Stable Connect (Horse Syndication) AFSL-licensed (AFSL #: 336964) horse breeding and racing syndicate management service offering promotion, management, consulting, and full support services to thoroughbred breeding and racing syndicates.
• Stable Legal Specialised law practice providing legal services to the thoroughbred breeding and racing industries, including syndicate documentation, ownership agreements, and industry-specific legal representation.

Named customers3 records

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor and core.

• Dixon AdvisoryminorStrategic or Co-development Partner · 1 October 2016Partnership between Stable Financial and Dixon Advisory launched to assist clients with their investment and SMSF advice needs. Stable Financial leverages Dixon Advisory's expertise to provide comprehensive wealth management and superannuation fund advice to thoroughbred industry clients.
• Isca ConsultingcoreStrategic or Co-development PartnerStrategic alliance between Stable Financial and Isca Consulting to provide a one-stop shop for professional services to the thoroughbred breeding and racing industry. Isca Consulting is a management accounting firm specialising in thoroughbred horse businesses, delivering services primarily through Ardex Premier software. The partnership enables shared resources and cross-referrals, combining Stable Financial's tax and business advisory expertise with Isca's management accounting specialisation.
• Stable Connect (SC) LtdcoreTechnology or IntegrationStable Connect (SC) Ltd holds an appropriate Australian Financial Services Licence (AFSL #: 336964) allowing it to undertake the promotion and management of Horse Breeding and/or Racing Syndicates of any size and capital value. Stable Connect offers a full range of management, consulting, and support services to Thoroughbred Breeding and/or Racing Syndicates.
• Thoroughbred Breeders Australia (TBA)coreOthersStable Financial represents Thoroughbred Breeders Australia (TBA) in a formal partnership arrangement with the Australian Taxation Office (ATO). The firm participated in drafting the ATO's public ruling TR 2008/2 on the horse industry and actively engages in lobbying efforts for increased tax concessions for horse industry participants.

Scale indicators2 records

Recent moves9 records

Expansion highlights4 records

Broad incumbents

• William Buck: Australian advisory and accounting firm with a strong agribusiness and private client practice. Comparable in serving HNW rural business owners with accounting, tax, and wealth advisory needs across Australia.
• HLB Mann Judd: Australian mid-tier accounting firm with a long-standing agribusiness and HNW advisory practice. Comparable in offering accounting, tax, and SMSF advice to owner-operated rural and equine businesses, though at broader sector scope.
• RSM Australia: Mid-tier accounting and advisory firm with a dedicated agribusiness sector group in Australia serving primary producers and equine operations. Provides similar bundled accounting/tax/advisory services but at greater scale and across a broader agricultural client base.
• Crowe Australasia: Australian accounting and advisory firm with sector-specialist practices including agribusiness. Serves similarly structured HNW and primary-producer clients, but does not niche down to the thoroughbred industry.
• Pitcher Partners: Australian mid-tier accounting and advisory firm with an established agribusiness practice serving high-net-worth rural and equine clients. Comparable in that it bundles accounting, tax, and advisory services to owner-operators, but lacks Stable Financial's exclusive thoroughbred specialisation.
• BDO Australia: Large mid-tier accounting and advisory firm with an agribusiness and HNW private client practice in Australia. Comparable in serving HNW clients with complex entity structures and SMSFs, but operates as a generalist rather than thoroughbred-specialist.
• KPMG Australia (Private Enterprise): Big-4 firm with a Private Enterprise and HNW practice serving family groups and equine-connected business owners. Competes for the same high-end client base, though delivered through generalist sector teams rather than a dedicated thoroughbred vertical.
• Deloitte Australia (Private & HNW practice): Big-4 firm in Australia serving high-net-worth individuals, family offices, and racing/equine-connected clients through its Private practice. Comparable in servicing the same HNW client demographic but at vastly greater scale and without niche thoroughbred specialisation.

Direct peers

• Isca Consulting: Boutique management-accounting firm specialising exclusively in thoroughbred horse businesses in Australia, delivering services via Ardex Premier software. Stable Financial's strategic alliance partner; competes for the same niche client base while offering a complementary (rather than overlapping) service set.
• Pilot Advisory: Boutique Australian advisory firm providing accounting, tax, and business advisory to HNW clients and family groups, including equine and racing interests. Comparable in size and high-touch service model to Stable Financial, with similar HNW-owner client profiles.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/StableFinancial
• LinkedInlinkedin.com/company/stable-financial
• Instagraminstagram.com/stable_financial

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stable Financial