adviser numbers

Financial planning

The current forecast still assumes the number of advisers will fall and plateau to 15,000 but this may take longer than initially predicted thanks to recent exam relief m...

Financial planning

EOFY sees largest weekly adviser exodus at 549

This week accounting-based advisers dominated adviser losses as many did not want to pay additional levies by the corporate regulator, and AMP FP regain its top spot as l...

Financial planning

Orphaned clients will be 'off the charts'

The next 12 months will see more clients being orphaned as advisers struggle to justify certain clients under the ongoing fee arrangements, according to Lifespan. ...

Financial planning

ASIC levy to push advisers to exit before end of financial year

The end of the financial year will see a greater loss in adviser numbers than usual from advisers wanting to avoid the next round of the ASIC levy....

Features

InFocus: Climbing up the ranks

Oksana Patron writes how recent acquisitions position former mid-tier financial planning groups higher up the ranks in terms of financial adviser numbers....

Financial planning

Adviser numbers still in net outflow

Gains in adviser numbers, counting year-to-date, are still lower than the losses at the licensee level, according to analysis from HFS Consulting....

Financial planning

CountPlus NPAT up to $5.95m

Countplus’ net profit after tax has grown to $5.95 million for the 2020 financial year thanks to the firm’s deliberate operational focus and a discipline approach. ...

Financial planning

Adviser loss drastically outpacing PY entrants

The amount of new professional year entrants is less than a tenth of the total amount of advisers that have exited the industry this year. ...

Financial planning

The end of FY brings more net losses for adviser numbers

The end of the financial year has brought more changes for licensees which are reflected in their adviser numbers which continued to drop, according to HFS Consulting. ...