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Showing 21 - 30 of 190 results for "Adviser numbers"

Wealth managers' recovery looks promising: Research

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
... notes that Insignia's market share is falling. "Wealth market is undergoing significant change with declining adviser numbers and incumbent platforms losing market share to specialist platforms," it said. Challenger, meanwhile, stands out for its ...

Adviser numbers jump in March quarter: Rainmaker

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
... which is now part of Entireti's Akumin, Merit Wealth and Madison Financial Group had the biggest falls in adviser numbers. They each lost 53, 48 and 28 advisers respectively. Last June, Madison Financial's parent company Clime completed its divestment ...

Spender criticises Labor's 'lack of urgency' on advice reforms

ELIZA BAVIN  |  THURSDAY, 17 APR 2025
... people being locked out from receiving advice they desperately need. She highlighted that the drastic decline in adviser numbers has also impacted Australians who need financial advice. "That is going to be a fundamental issue that we have to address. ...

AMP super and investments business see more outflows

ELIZA BAVIN  |  THURSDAY, 17 APR 2025
... feature, functionality and support for North to help advisers better service their clients. George said, as a result, adviser numbers have grown. "We continue to deliver on our vision, to be the place where people come to plan for the next phase of their ...

Coalition targets 'ambitious' goal of 30k advisers

ELIZA BAVIN  |  TUESDAY, 15 APR 2025
... Commission, at its peak, there was about 26,500. The Coalition said setting a target acknowledges the collapse in adviser numbers and replacement rate over the last decade. Taylor said in times of economic uncertainty Australians need access to affordable ...

Ord Minnett poaches Perpetual advisers amid hiring spree

ANDREW MCKEAN  |  MONDAY, 17 MAR 2025
... advisers is substantial in today's market, especially at a time when the demand for financial advice is high, and adviser numbers are low," Morris said. Likewise, Ords head of private wealth Frank Hegerty said it's encouraging to see many established ...

Super admin providers face reckoning in 2025: Finura

KARREN VERGARA  |  MONDAY, 20 JAN 2025
... still have to handhold the small businesses and do a lot of the work. They are mostly historical deals made when adviser numbers were back at 25,000. So, the software companies have been left with a hangover from the past that they are, I think, struggling ...

Medium-sized advice firms flourish: Research

KARREN VERGARA  |  THURSDAY, 24 OCT 2024
... advisers are the fastest-growing cohort in the past year, new Rainmaker Information research shows. This group saw adviser numbers increase in aggregate by 8% in the 12 months to September. Conversely, groups with more than 250 advisers experienced a ...

How many advisers will Australia have in 2044?

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... trend of advice industry exits is so baked-in that it is naïve to expect a significant recovery in financial adviser numbers anytime soon," Rainmaker said. "Numbers for the last two years suggest a plateauing of advisers numbers. We are still seeing ...

Sequoia seeks Takeovers Panel intervention

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... activities. Jones and Glennon, who is the founder of Glennon Capital, also stated that Sequoia has suffered reduced adviser numbers. "SEQ has reported adviser numbers on a consistent basis. It is mischievous at the very least to compare our reported ...