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Adviser numbers fall below 20kBY KARREN VERGARA | THURSDAY, 3 JUN 2021 12:34PM
The number of authorised financial advisers has officially dipped to 19,922, declining about 11% compared to this time last year.
Read more: IOOF, Consultum Financial Planning, ASIC, AMP Financial Planning, Capstone Financial Planning, Charter Financial Planning, Financial Adviser Register, Interprac Financial Planning, Lifespan Financial Planning, Merit Wealth, Morgans Financial, SMSF Advisers Network, Synchronised Business Services
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The long serving chair of wealth management firm Morrows is being remembered for his larger-than-life personality and generous spirit following his sudden passing last week.
The superannuation and investing startup has crossed $1 billion in total assets, after more than doubling the number in the last year.
A financial advice industry association, which had been vocal in boycotting the FASEA exam and fighting to retain life commissions, has shuttered.
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