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Showing 91 - 100 of 195 results for "Adviser numbers"

Centrepoint Alliance posts $1.6m NPAT

KANIKA SOOD  |  FRIDAY, 26 FEB 2021
Centrepoint Alliance reported $1.6 million in NPAT for the December half, as its total adviser numbers dropped slightly to 308. Gross revenue for the period was $70.6 million up 15% to the six-months ending June. Centrepoint's revenue comes from a mix ...

CountPlus profit down 53%

ANNABELLE DICKSON  |  TUESDAY, 23 FEB 2021
... operational process, and a focus on deliverables in core businesses," Rowe said. Count Financial noted a drop in adviser numbers over the 12 months from 284 to 238. It expects a further 40 advisers to join the licence in the second half of the year and ...

Wage subsidy to rescue advice industry

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
With just 65 new names appearing on the ASIC Financial Adviser Register in 2020, the rapid decline in adviser numbers has industry experts calling for a wage subsidy to incentivise advice practices to take hire graduates. In its pre-Budget submission ...

FPA calls for levy overhaul

ANNABELLE DICKSON  |  WEDNESDAY, 3 FEB 2021
... that the dramatic increase in the levy is not consistent with revenue growth for advisers and the decrease in adviser numbers, which was 3100 over the 2019/20 financial year. "In three years of operation, the levy for financial planners will likely have ...

Sequoia completes acquisitions

ANNABELLE DICKSON  |  TUESDAY, 2 FEB 2021
... developments are the latest in a set of strategic plans for Sequoia. In November it announced its plans to increase its adviser numbers and licensees to adjust to the shifting landscape of the financial advice industry.

AMP adviser numbers shrivel

ELIZABETH MCARTHUR  |  TUESDAY, 12 JAN 2021
The number of financial advisers licensed by AMP dropped dramatically in 2020, with the institution no longer the largest AFSL in the country by number of advisers. The largest AFSL is now the SMSF Adviser Network which had 839 advisers as at 31 December ...

Sequoia reveals strategic plans

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
ASX-listed Sequoia Financial Group has revealed its plans to increase its adviser numbers and licensees to adjust to the shifting landscape of the financial advice industry. At its annual general meeting, Sequoia announced its strategic objective to ...

ASIC opens consultation on scaled advice

ANNABELLE DICKSON  |  TUESDAY, 17 NOV 2020
... acknowledges the changes the advice industry has undergone in recent years, highlighting the 14.9% decrease in financial adviser numbers on the Financial Adviser Register to 21,284. ASIC commissioner Danielle Press added that good-quality affordable ...

FS Power50 revealed

STAFF WRITER  |  MONDAY, 26 OCT 2020
... achievement," Williamson said. "At a time when so much focus is on the impact of industry change and diminishing adviser numbers, Financial Standard is proud to showcase excellence in advice and celebrate just how bright the future of advice is." To ...

Perpetual profits plummet

ALLY SELBY  |  THURSDAY, 20 AUG 2020
... acquisition of Trillium completed, the acquisition of Barrow Hanley, Mewhinney & Strauss announced, and strong growth in adviser numbers plus the acquisition of Priority Life in Perpetual Private." The firm's new operating model saved Perpetual somewhere ...