Adviser Ratings claims 850 sign-ups
The recently-established financial planner ratings business, Adviser Ratings, claims to have signed up 850 advisers in the three weeks since it launched.
The company also said it had received around 13,000 site visits since its launch.
The company's principal, former Virgin Money chief financial officer, Angus Woods described it as a strong response from advisers and clients.
"Our ratings and review service features strict controls, with advisers now comfortable with the opportunity to promote themselves and monitor their clients' attitudes toward them," he said. "Advisers are screening and responding to clients' reviews and ratings before they are published on our closely monitored website, providing them with strong protection."
The company's announcement quoted a number of planners giving positive feedback on their experience using the site.
Recommended for you
Adviser Ratings has revealed almost 400 advisers joined the FAR in the third quarter but, with just seven weeks to go until the education deadline, more than 1,000 could depart in the upcoming two quarters.
Pengana has appointed a senior fund manager from Tyndall Asset Management to join its Australian equities team, who departs after 18 years.
Advisers are underestimating how much time they spend on non-advice work, creating inefficiencies within their practice which has a financial impact on their bottom line, according to Elemnta.
Hudson Financial Planning has partnered with OpenInvest to launch an online investing solution designed to address Australia’s advice accessibility challenge.

