WEALTH DATA

Financial planning

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...

image
Financial planning

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...

image
Financial planning

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

image
Financial planning

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...

image
Financial planning

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....

image
Financial planning

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...

image
Financial planning

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....

image
Financial planning

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...

image
Financial planning

Adviser exits have fallen for the second consecutive week, from nine exits to five, while 16 provisional advisers commenced....

image
Superannuation

Net assets per adviser in self-managed superannuation funds have more than doubled since 2019 as the adviser exodus means remaining firms are taking on more clients....

image
Financial planning

There was a notable improvement in the number of adviser exits this week with less than 10 advisers leaving, compared to several weeks of triple-digit falls....

image
Financial planning

The financial advice profession has lost 89 advisers this week following three consecutive weeks of triple-digit falls to see 499 advisers leave in the last four weeks....

image
Financial planning

The financial advice industry has fallen by triple digits for the third week in a row, according to Wealth Data, with year to date licensee closures more than double the ...

image
Financial planning

The financial advice profession has seen the second week of triple-digit adviser losses, with the industry shrinking by 129 to 16,783 advisers, according to Wealth Data....

image
Financial planning

Looking at annual turnover statistics, Insignia has the highest annual adviser turnover rate of the big five licensees while Morgans has easily the lowest rate of turnove...

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

3 weeks 3 days ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

3 weeks 4 days ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

3 weeks 4 days ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

1 week 3 days ago

A former Brisbane financial adviser has been found guilty of 28 counts of fraud where his clients lost $5.9 million....

3 weeks 3 days ago

The difference between a Record of Advice and Statement of Advice is the crux of the FSCP’s latest determination against a relevant provider. ...

3 weeks 6 days ago