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Adviser numbers at five-year lowBY KARREN VERGARA | FRIDAY, 23 APR 2021 11:47AM
The financial adviser population has reverted to the pre-financial services Royal Commission days, ending at 20,667 in the first quarter of 2021.
Read more: AMP Financial Planning, Asgard, ASIC, Aware Financial Services, BT Wrap, Capstone Financial, Colonial FirstChoice, Commonwealth Financial Planning, Financial Adviser Register, GWM Adviser Services, Lifespan Financial, Morgans, Netwealth, SMSF Advisers Network, Synchron, WealthFocus
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Find out why 44% of advisers are using managed accounts
Australian Ethical introduced a new high conviction fund to wholesale clients, investing in a range of sectors including local healthcare, renewables and technology stocks within the S&P ASX 300.
The super industry is calling for mandated consistency on portfolio holdings disclosure after it was recommended the Future Fund be exempt from disclosing commercially sensitive information.
Capstone Financial Planning has revoked the authorisation of Mark Babbage, the Victorian financial adviser jailed for breaching Western Australia's strict border restrictions to attend the AFL Grand Final.
Ellerston Capital will terminate the Morphic Global Opportunities Fund later this month as a result of dwindling funds under management.
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