Powered by MOMENTUM MEDIA
moneymanagement logo
 

WEALTH DATA

The financial advice profession has fallen by four to 16,394 with the financial year still looking strong, adding 152 compared to 76 for the corresponding period last yea...

The financial advice profession has fallen by four to 16,394 with the financial year still looking strong, adding 152 compared to 76 for the corresponding period last yea...

Financial planning

The financial advice profession has fallen by four to 16,394 with the financial year still looking strong, adding 152 compared to 76 for the corresponding period last yea...

Financial planning

The financial advice industry has declined by eight advisers to 16,400 this week with the financial year still looking strong, up 150 compared to 82 for the corresponding...

Financial planning

The financial advice profession has lost 24 advisers, the first big negative week for the new financial year....

Financial planning

The financial advice industry has seen its first negative week of losses for the financial year, losing five, although the net gain for the year is still solid at 174, ac...

Financial planning

The number of financial advisers has grown for the third week in a row, bringing the total growth for the financial year to date to 170, according to Wealth Data....

Financial planning

The number of financial advisers increased this week due in part to most resignations being filed for the previous financial year and most appointments being filed for th...

Financial planning

After losing 126 advisers last week, the advice industry has recorded 117 appointments and 115 losses for a net gain of two advisers this week....

Financial planning

The financial advice profession has again fallen by triple figures, recording a weekly loss of 126 advisers in the lead-up to the end of financial year, according to Weal...

Financial planning

Adviser exits have fallen for the second consecutive week, from nine exits to five, while 16 provisional advisers commenced....

Superannuation

Net assets per adviser in self-managed superannuation funds have more than doubled since 2019 as the adviser exodus means remaining firms are taking on more clients....

Financial planning

There was a notable improvement in the number of adviser exits this week with less than 10 advisers leaving, compared to several weeks of triple-digit falls....

Financial planning

The financial advice profession has lost 89 advisers this week following three consecutive weeks of triple-digit falls to see 499 advisers leave in the last four weeks....

Financial planning

The financial advice industry has fallen by triple digits for the third week in a row, according to Wealth Data, with year to date licensee closures more than double the ...

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 week 5 days ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 weeks 5 days ago

So we are now underwriting criminal scams?...

6 months 3 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

2 weeks ago

A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

3 weeks 6 days ago

WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

2 weeks 4 days ago