Adviser Ratings

Financial planning

What can advisers learn from finfluencers?

Adviser Ratings has argued that it’s time for more advisers to utilise digital engagement tools available to them as a disconnect grows between consumers seeking advice f...

Financial planning

‘Peripheral’ platforms facing exit threat as adviser needs evolve

Going forwards, advisers’ use of platforms will be divided into those “core” offerings and “peripheral” ones, with those in the latter category facing an existential thre...

Financial planning

Efficiency viewed as greatest platform differentiator for advisers

Two advice platforms have been identified by Adviser Ratings as standouts for efficiency as time-pressured advisers become evermore fickle in their platform selection. ...

Financial planning

Advisers demand more guidance from BDMs amid evolving business models

Traditional relationships between advisers and business development managers are evolving, with the expectations for them to provide meaningful guidance to the advice pra...

Financial planning

Higher fees prompt rise in advice firm prices

Rising advice fees has prompted Radar Results to increase its price guide to a minimum of $3,000 per client to reflect the changing shape of the adviser landscape....

Financial planning

‘Progression not perfection’ as incomplete plans impact practice profits

Advice practices with up-to-date business plans are twice as likely to achieve high profitability, according to Adviser Ratings, but getting stuck in development mode can...

Financial planning

Avoiding the regulatory pitfalls of outsourcing

According to Adviser Ratings, financial advice firms must ensure they think strategically about the use of offshore or third-party operations rather than just consider th...

Financial planning

Advice sector welcomes stability ahead of retiree wave

The financial advice profession has reached a period of relative stability, according to Adviser Ratings, enabling industry participants to prepare for the incoming silve...

Financial planning

The charging divide between advisers and consumers

Only a third of Australians are willing to pay more than $500 for advice, thousands of dollars behind what advisers need to charge just to stay in business....

Financial planning

Substantial jump witnessed in advisers' AI usage

The number of advisers currently using or planning to use artificial intelligence in their practices has risen substantially to almost three-quarters of firms, according ...

Financial planning

Advisers seek personal touch from smaller licensees

Large AFSLs with more than 100 advisers are seeing the largest losses in both adviser and AFSL numbers as individuals seek a smaller, personal vision in their work....

Financial planning

The key features of advice practices growing their profitability

Those financial advice practices which are seeing the strongest profitability and revenue growth share four similar characteristics in how they run their businesses. ...

Financial planning

The advice practices generating $5m in revenue

Adviser Ratings’ latest financial landscape report finds there is a demographic of advice practices achieving an average revenue of $5 million, with only 3 per cent of pr...

Financial planning

Liberal v Labor: How do the parties stack up on advice?

With the election taking place on Saturday (3 May), Adviser Ratings examines how the two major parties could shape the advice industry in the future....

Financial planning

Advice firms up cyber security amid ASIC crackdown

Financial advice firms have told Adviser Ratings they are planning to increase their compliance spend by almost a third, including on enhancements to their cyber security...