WEALTH DATA
Financial planning
Adviser losses look to be slowing down after the EOFY, with FY26 adviser gains now almost balancing out the losses from the previous financial year. ...
Funds management
Financial research firm Wealth Data, which publishes the weekly financial adviser numbers, has been sold to fintech firm Padua Solutions....
Financial planning
The new financial year has got off to a strong start in adviser gains, helped by new entrants, after heavy losses sustained in June....
Financial planning
Financial year losses of limited advice advisers could mean the sector is “dead in the water” going forward after a continuous decline. ...
Financial planning
Adviser losses for the end of June have come in 143 per cent higher than the same period last year, and bring the total June loss to over 350. ...
Financial planning
After a brutal month for adviser numbers, the net loss for June now stands at more than 100 advisers, but the financial year is still on track to end in positive territor...
Financial planning
With adviser losses set to continue, Wealth Data founder Colin Williams has detailed which business model is likely to drive the exodus. ...
Financial planning
Adviser losses this week are quadruple the same period a year ago, with the industry falling into negative territory for the last 12 months. ...
Financial planning
In the run-up to heavy losses expected at the end of the financial year, June has already reported consecutive weeks of adviser losses....
Financial planning
Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...
Financial planning
The days of financial advisers being “all things to all people” are behind us, according to this founder, as the cost to serve passes $4,000....
Financial planning
With only one month to go until the end of the financial year, are current adviser numbers on track to report a gain for 2024–25?...
Financial planning
The financial advice profession has enjoyed a recovery this week as numbers surpassed 15,600 yet again, following the largest decline in the calendar YTD last week....
Financial planning
Financial advice business models focused on holistic and investment advice have grown by just 2 per cent so far this financial year, according to Wealth Data....
Financial planning
Adviser numbers have experienced their largest weekly loss year-to-date this week, doubling that of the previous week....
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The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
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It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...