POWERED BY MOMENTUM MEDIA
WEALTH DATA
Financial planning
The overall drop in adviser numbers this week was driven by AMP Group which saw one of its practices moving to Fitzpatricks although 27 licensees saw gains. ...
Advice principals are benefiting from the sharing of information and knowledge addressing the challenge of retaining and attracting staff in a tight labour market....
Financial planning
The acquisition has brought a new combined entity of WT Financial Group and Synchron to 560 advisers, as per Australian Securities Investment Commissions’ Financial Advis...
Financial planning
Bucking the trend of declining adviser numbers, Clime Investment Management wants to increase its adviser network by 5%-10% over the next calendar year....
Financial planning
Adviser numbers have stabilised this week at 17,249 with all new licensees that were launched belonging to the financial planning peer group. ...
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....
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...