Wealth Data

Financial planning

Triple-digit loss as unsuccessful candidates exit FAR

There was a triple-digit loss of advisers this week as many who had failed to pass the adviser exam by the 30 September deadline came off the Financial Advisers Register....

Financial planning

Adviser numbers more than halve at AMP

The number of advisers at AMP is approaching less than 1,000, compared to over 2,600 at the start of 2019....

Financial planning

FY23 sees growth of 130 advisers

In the financial year to date, there has been a net gain of 130 advisers compared to growth of zero at the same time last year....

Financial planning

Adviser growth ends six weeks of losses

The number of advisers has grown this week, ending six consecutive weeks of adviser losses, while there were record numbers of provisional advisers joining the industry....

Advice industry falls by four

The financial advice profession has fallen by four to 16,394 with the financial year still looking strong, adding 152 compared to 76 for the corresponding period last yea...

Advice industry falls by four

The financial advice profession has fallen by four to 16,394 with the financial year still looking strong, adding 152 compared to 76 for the corresponding period last yea...

Financial planning

Advice industry declines by four

The financial advice profession has fallen by four to 16,394 with the financial year still looking strong, adding 152 compared to 76 for the corresponding period last yea...

Financial planning

Advice industry records slight decline

The financial advice industry has declined by eight advisers to 16,400 this week with the financial year still looking strong, up 150 compared to 82 for the corresponding...

Financial planning

First big negative week of losses for FY23

The financial advice profession has lost 24 advisers, the first big negative week for the new financial year....

Financial planning

First week of adviser losses for FY23

The financial advice industry has seen its first negative week of losses for the financial year, losing five, although the net gain for the year is still solid at 174, ac...

Financial planning

Third week of advice industry growth

The number of financial advisers has grown for the third week in a row, bringing the total growth for the financial year to date to 170, according to Wealth Data....

Financial planning

Advice industry grows for second week

The number of financial advisers increased this week due in part to most resignations being filed for the previous financial year and most appointments being filed for th...

Financial planning

Advice industry grows with appointment spike

After losing 126 advisers last week, the advice industry has recorded 117 appointments and 115 losses for a net gain of two advisers this week....

Financial planning

Industry loses 126 advisers in lead-up to EOFY

The financial advice profession has again fallen by triple figures, recording a weekly loss of 126 advisers in the lead-up to the end of financial year, according to Weal...