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WEALTH DATA
Financial planning
AMP has fallen to less than 900, according to Wealth Data, some 10 months after dropping below the 1,000 milestone....
Financial planning
If super funds are to provide advice, they are encouraged to form agreements with external financial planning firms to expand their footprint beyond the major CBDs, accor...
Financial planning
The financial planning-accounting business model is the only one to have seen growth in its adviser numbers since 1 July 2022, according to Wealth Data....
Financial planning
Money Management has collated five key takeaways from the Wealth Data weekly adviser movements over the last 12 months including the biggest month for departures and stat...
Financial planning
Wealth Data has shared how many advisers left the industry in the last financial year and how they compare to the previous financial year....
Financial planning
Going into the end of the financial year, adviser movements remain disappointing with a large loss of 46 advisers for the week, according to Wealth Data....
Financial planning
The number of ceased advisers has risen by 73 advisers since the start of June and further losses are expecting in the run-up to the end of financial year....
Financial planning
New analysis from Wealth Data has revealed that some 175 advisers have been affected by disciplinary actions over the last nine years....
Financial planning
The number of advisers who have ceased during 2023 is at 365, more than double the new entrants over the same period, and could approach 900 by the end of the year if the...
Financial planning
There was a double-digit loss of advisers last week with much of the weekly movement seen at licensee Count....
Financial planning
There continues to be slow but steady growth in adviser numbers, with the number increasing to 15,846 following a small net gain of one adviser this week, according to We...
Financial planning
ASIC’s senior executive leader, Leah Sciacca, has provided an update on the status of financial adviser registration with the regulator since it was delayed in November 2...
Financial planning
Whilst micro-AFSLs’ numbers continue to grow, larger licensees including AMP and Insignia Financial are struggling to hold down their advisers....
Financial planning
The number of Insignia advisers has fallen to nearly 1,000, with the advice firm losing 72 advisers to micro-AFSLs over the years. ...
Financial planning
The overall number of licensees has fallen by 15 per cent since January 2021, according to Wealth Data, but those focused solely on holistic advice have seen positive gro...
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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...