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WEALTH DATA
Financial planning
This week saw another decline in adviser numbers, driven by AMP and Insignia, with fewer advisers switching to new licensees. ...
Financial planning
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....
Financial planning
After two more optimistic weeks, the total number of advisers fell again this week to 17,282, according to Wealth Data....
Financial planning
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 ...
Financial planning
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...
Financial planning
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...
Financial planning
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....
Financial planning
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....
Financial planning
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....
Financial planning
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....
Financial planning
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...
Financial planning
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 ...
Financial planning
The combined adviser losses at AMP and IOOF year-to-date is at 171 compared to 143 for all other licensees....
Financial planning
The forecast pass rate for the last two exams only stands at 50% as the majority will be re-sitting, according to Wealth Data....
Financial planning
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....
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This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...