Adviser Ratings

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...

Financial planning

Advisers urged to avoid ‘regulatory waiting game’

As the financial advice profession continues to wait on further DBFO legislation, industry commentators have encouraged advisers to act now in driving practice efficiency...

Financial planning

Greater ethics requirements contributing to lower fraud levels

Advisers may say they struggle to meet their ethics CPD requirements, but the learnings are paying off as research finds it has helped to reduce adviser misconduct and fi...

Financial planning

SMA asset boom prompts calls for fee standardisation

As assets in separately managed accounts reach $200 billion, industry stakeholders have formed a committee to standardise their fee reporting....

Financial planning

Over 4,000 advisers cutting it close for education deadline

Time is “rapidly running out” for a critical group of 4,100 advisers if they wish to meet the deadline for their education requirements, according to Adviser Ratings. ...

Financial planning

Privately owned licensees soar as advisers leave diversified firms

The proportion of advisers working at a privately owned licensee rose to 78 per cent in the fourth quarter of 2024 as over 1,000 advisers left a diversified firm. ...