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Showing 11 - 20 of 100+ results for "Financial Adviser Register"

Advice industry loses 800 over New Year period

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
... currently 18,015 practising financial advisers left, according to Rainmaker's modelling of the ASIC Financial Adviser Register as at January 20. Rainmaker reported on 16 December 2021, there were 18,822 financial advisers. Early that year, the total ...

Most paraplanners will not become financial advisers

KARREN VERGARA  |  THURSDAY, 20 JAN 2022
... have over four years' experience in the industry. Only 21% of paraplanners are found on the ASIC Financial Adviser Register. Only a third (34%) are members of an industry body. Paraplanners believe they are not "glorified typists" and have influence ...

Adviser population drops below 19,000

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... 2200 advisers this year, marking an 11% year-on-year drop to 18,822. Rainmaker modelling of ASIC's Financial Adviser Register reveals that only 18,822 advisers are left as of yesterday, December 16. At the beginning of 2021, there were 21,103 practising ...

Women advisers drop to 21%

KARREN VERGARA  |  MONDAY, 22 NOV 2021
... industry has dropped to 21% compared to 25% two years ago. Rainmaker's modelling of the September ASIC Financial Adviser Register shows that only one in five financial advisers out of the total pool of 19,238 are women. The ratio is reflected across ...

Advisers closer to professionalisation: FASEA

KARREN VERGARA  |  THURSDAY, 21 OCT 2021
... advisers are taking educational qualifications seriously. More than half (56%) of advisers on ASIC's Financial Adviser Register have an approved or relevant degree. Another 50% of advisers with no degree have received recognition for prior learning. ...

Capstone drops jailed adviser

KARREN VERGARA  |  FRIDAY, 15 OCT 2021
... later. Babbage was licensed by Capstone Financial Planning and operated on his own. According to ASIC's Financial Adviser Register, Babbage was licensed by Capstone until yesterday. In addition to being an authorised representative, Babbage holds a credit ...

FASEA exam pass rate drops

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
... an 88% pass rate. Of those that passed, 14,070 are recorded as active financial advisers on ASIC's Financial Adviser Register. FASEA chief executive Stephen Glenfield said: "FASEA congratulates successful candidates on completing an important component ...

Benefits of advice reforms yet to materialise

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
... the accessibility and quality of advice. This is according to Rainmaker's latest analysis of the ASIC Financial Adviser Register, which saw almost 9000 advisers exit the industry over the last 30 months. This averages to 300 advisers leaving the industry ...

Former Hillross adviser pleads guilty

ELIZABETH MCARTHUR  |  TUESDAY, 13 JUL 2021
... August 6. Kourieh is no longer a registered financial adviser, having ceased according to the ASIC Financial Adviser Register. However, no bans have been recorded against him.

Netwealth FUA, inflows rise

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
... total score of 89%, just beating Netwealth on 88.9%. Further to this, Rainmaker analysis of ASIC's Financial Adviser Register found Netwealth has 2.5% of the adviser industry using the platform with 2371 advisers.