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WEALTH DATA
Financial planning
The financial advice profession has seen the second week of triple-digit adviser losses, with the industry shrinking by 129 to 16,783 advisers, according to Wealth Data....
Financial planning
Looking at annual turnover statistics, Insignia has the highest annual adviser turnover rate of the big five licensees while Morgans has easily the lowest rate of turnove...
Financial planning
Insignia has lost 31 advisers this week, according to Wealth Data, narrowing the already-small gap between them and AMP Group. ...
Financial planning
The merger between superannuation funds Hostplus and Statewide Super has caused a busy week for adviser movements with only a net of five advisers leaving the industry th...
Financial planning
The financial planning model has seen the lowest level of resignations and switches in 2022 while the holistic model saw the highest number of new AFSLs commence....
Financial planning
Losses dominate Wealth Data’s weekly adviser number report for the third week in a row as numbers edge down towards 17,000 advisers, according to Wealth Data....
Financial planning
Adviser numbers have fallen sharply for the second week in a row, experiencing a net change of -33, largely driven by licensees closing up shop due to having zero adviser...
Financial planning
The number of advisers has fallen by 29 from 17,173 to 17,144, according to Wealth Data, while no new licensees were established....
Financial planning
The number of advisers in the profession has fallen after an uptick prompted by exam passes, with this week’s losses mainly driven by Insignia and AMP, according to Wealt...
Adviser numbers this week have seen a slight uptick to 17,197 with a positive net change of four advisers, largely driven by nine new provisional advisers joining the ind...
Financial planning
Adviser numbers this week have seen a slight uptick to 17,197 with a positive net change of four advisers, largely driven by nine new provisional advisers joining the ind...
Financial planning
The overall drop in adviser numbers this week was driven by AMP Group which saw one of its practices moving to Fitzpatricks although 27 licensees saw gains. ...
Advice principals are benefiting from the sharing of information and knowledge addressing the challenge of retaining and attracting staff in a tight labour market....
Financial planning
The acquisition has brought a new combined entity of WT Financial Group and Synchron to 560 advisers, as per Australian Securities Investment Commissions’ Financial Advis...
Financial planning
Bucking the trend of declining adviser numbers, Clime Investment Management wants to increase its adviser network by 5%-10% over the next calendar year....
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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...