There were over 350 new entrants who came on board during 2022, according to Wealth Data, as the industry seeks to grow to counter the adviser exodus. ...
Wealth Data has revealed the total number of advisers, and their sectors, who left during 2022. ...
Adviser losses have dramatically slowed this year compared to the start of 2022 when there was a net loss of more than 1,700 advisers. ...
In a year of bannings, regulatory legislation and financial services reviews, Money Management collates the top 10 stories this year....
Wealth Data has noted the strength of new entrants who have joined the industry in the second half of the year, as 23 provisional advisers join this week....
There has been the highest number of provisional advisers joining the industry since September with double-digit advisers joining following the results of the November ad...
Population growth combined with a shrinking number of advisers means there has been a 74% rise in potential clients available per adviser, while total superannuation per ...
There are concerns regarding registrations on the Financial Advisers Register as smaller licensees close with backdated resignation dates. ...
There is only one licensee group which is showing positive movement over the last 12 months, according to WealthData, while Insignia has taken the lead in hiring provisio...
There have been 355 new entrants to the financial advice industry so far this year, a number equivalent to the third-largest licensee. ...
There has been a steadying of adviser numbers this week as it reports gains following initial high numbers of exits after the financial adviser exam deadline....
There was a net negative change of 16 advisers last week, up from five in the previous week....
There has been a slowdown in the growth of provisional advisers this week following several weeks of double-digit growth, according to data from Wealth Data....
Two firms have been identified as leaders in adviser growth year to date but their gains are dwarfed by adviser losses from large groups. ...
Fears of a third week of triple-digit falls have been dispelled after the industry reported net positive change this week....
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...