While 2022 is showing the continuation of a surge of new advisers, it is not enough to offset those leaving the industry, according to Wealth Data....
After two more optimistic weeks, the total number of advisers fell again this week to 17,282, according to Wealth Data....
It looks like the pace of advisers existing the industry has stabilised, with a net change in adviser numbers having been pushed into a positive territory for the second ...
The number of advisers slipped by a further 319 in a single week, bringing the overall number to 17,282 and in line with the forecast, according to Wealth Data, but provi...
Small licensees are further expected to close in the coming weeks with the number of advisers expected to reach between 15,000 and 16,000 this year, according to Wealth D...
While adviser numbers continued to decrease this week, it was at a slower pace than anticipated as many licensees are yet to report their data to the corporate regulator....
The net change in adviser numbers between 23 December and the second week of January was 603, with that number expected to grow further in the weeks ahead....
The financial advice industry is finishing the year with a loss of 2,189 advisers, however the worst is yet to come, according to Wealth Data....
Over 1,300 advisers are expected to drop off the Australian Securities and Investments Commission’s register between now and the start of the next year....
The first week of December sees heavy losses again in adviser numbers with a net change of advisers of over 120 while the net losses for the year stood at 2,062, accordin...
Most advisers are either giving superannuation and managed investments product advice but there are 200 advisers on the corporate regulator’s register that should not be ...
The combined adviser losses at AMP and IOOF year-to-date is at 171 compared to 143 for all other licensees....
The forecast pass rate for the last two exams only stands at 50% as the majority will be re-sitting, according to Wealth Data....
Almost all adviser groups experienced adviser losses in 2021 except small self-licensed advisers which has been the “one area of growth”, according to Wealth Data....
IOOF Group has posted one of the heaviest losses of advisers with a departure of more than 400 since the start of the year....
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...