Which licensee has seen the most adviser growth YTD?
ASVW Holdings has seen the largest adviser growth since the start of the year, according to Wealth Data.
The research firm surveyed adviser movements since 1 January to 23 March and found Victorian boutique licensee ASVW had seen growth of six advisers during the period, which brought its total numbers to 37.
This was followed by Perpetual Group, MWL Group, Fiducian Financial Group and APT Wealth Holdings Pty which all grew by four advisers.
Perpetual now had 86 advisers, MWL had 21, Fiducian had 99 and APT had 31.
When it came to licensees seeing the largest losses since the start of the year, AMP had lost 17 while Insignia had lost 15.
Over the past 12 months, ASVW was joint top with Fortnum Private Wealth at 12 advisers joining through the year.
The largest group overall was Sequoia which had 323 advisers followed by National Tax & Accountants Association (SMSF Advisers Network) which had 247 and Fortnum Private Wealth which had 226.
Looking at weekly data to 23 March, there was a negative net change of four advisers, bringing the year to date change to gains of 49 advisers.
Some 15 licensee owners had net gains of 24 advisers during the week and 19 licensee owners had net losses of 28 advisers.
Three new licensees commenced and zero ceased while five provisional advisers commenced and two ceased.
A new licensee appeared this week with five advisers formerly of Sentry, ASVW was up by three advisers who joined from Consultum and Insignia was up two. A tail of 11 licensee owners were up by a net of one adviser.
For losses, AMP Group was down by five, two from Charter and three from AMP Financial Planning, while Diverger was down by three from Merit Wealth.
CBA, Morgans and Investment Alternatives were down by two each and a tail of 14 had losses of one.