Determining the top distributors
The Top 50 Distributors is based on data collected for the Money Management Top 100 Dealer Group survey, which was published in June. The number of planners in dealer groups associated with a particular parent group are consolidated to determine the Top 50 Distributors by total number of advisers.
For the purpose of this report, parent groups have been considered as those with a stake in excess of 20 per cent. While Money Management recognises this stake may not be a controlling interest, the report seeks to classify groups by those parent groups who hold a dealer group interest.
The original information for this table was supplied by dealer groups to Dexx&r and then updated by Money Management for use in this format.
Groups that did not disclose their ownership in the original data and that were therefore excluded from the Top 50 table were: Australian Finance Group Financial Planning, Integrity Financial Planners, Elm Financial Services, Financial Planning Services (Australia), Financial Planning & Life, Transocean Financial Services, Financial Technology Securities, Ellfield Financial Group, AFS Accountants Financial Services, AW Financial, PKF Financial Services, MoneyLink Financial Planning, QPlan Financial Services, BDO Kendalls Financial Planning, and Vicwide Financial Services.
Recommended for you
A relevant provider has received a written direction from the Financial Services and Credit Panel after a superannuation rollover resulted in tax bill of over $200,000 for a client.
Estimates for the calendar year 2024 put the advice industry on track for a loss in adviser numbers as exits offset gains from new entrants.
Adviser Ratings shares five ways that financial advice changed in 2024 with an optimistic outlook for 2025, thanks to the Delivering Better Financial Outcomes legislation.
National advice firm Invest Blue has announced several acquisitions, including the purchase of an estate planning and wealth protection business Lambert Group.