Colin Williams

Financial planning

Micro-AFSLs v large licensees: who leads the way?

There are 300 more micro-AFSLs this year than in 2019, but the majority of advisers still work at large licensees with more than 100 advisers. ...

Financial planning

Experienced advisers stand firm as younger peers fold

Almost half of the advisers who have departed this year have been in the industry for less than 10 years while older advisers are pinning their hopes on the experience pa...

Financial planning

Insignia adviser losses on downward trend

The licensee has lost 92 advisers since the start of the calendar year, according to Wealth Data, including 12 in the past week....

Financial planning

AMP falls below 900 advisers

AMP has fallen to less than 900, according to Wealth Data, some 10 months after dropping below the 1,000 milestone....

Financial planning

The sole business model to see positive growth

The financial planning-accounting business model is the only one to have seen growth in its adviser numbers since 1 July 2022, according to Wealth Data....

Financial planning

5 takeaways from a year of adviser movements

Money Management has collated five key takeaways from the Wealth Data weekly adviser movements over the last 12 months including the biggest month for departures and stat...

Financial planning

How many advisers exited in FY22–23?

Wealth Data has shared how many advisers left the industry in the last financial year and how they compare to the previous financial year....

Financial planning

Significant loss of 46 advisers marks end of FY2022–23

Going into the end of the financial year, adviser movements remain disappointing with a large loss of 46 advisers for the week, according to Wealth Data....

Financial planning

Advisers ceasing at twice the rate of new entrants

The number of advisers who have ceased during 2023 is at 365, more than double the new entrants over the same period, and could approach 900 by the end of the year if the...

Financial planning

Exam passes prompt adviser gains

There has been a net gain of 15 advisers joining the industry this week, including nine new entrants following their exam pass. ...

Financial planning

Which licensee has seen the most adviser growth YTD?

A Victoria-based licensee has reported the highest volume of adviser growth since the start of the year, according to Wealth Data....

Financial planning

Zero change in adviser numbers supports stabilisation trend

Wealth Data’s key adviser movements reported no net change of advisers in the week up to 16 March. ...

Financial planning

Which advice model attracts the most female advisers?

With recent data finding female advisers represent just 23% of total advisers, Wealth Data has revealed which advice models attract the most women. ...

Financial planning

Adviser market shows signs of stabilisation

The adviser market seemed to be stabilising for the first time in many years, with no new licensees commencing or closing in the week to 2 March. ...

Financial planning

‘Dramatic improvement’ seen in new entrant hires

Over 230 new entrants have appeared on the Financial Adviser Register since 1 July 2022 with their numbers cited as a key strategy for licensee growth....