Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 195 results for "Adviser numbers"

Insignia details transformation progress

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... at Shadforth and Bridges. Meanwhile, expenses fell by about 19% because of optimisation benefits. As predicted, adviser numbers dropped to 1199 due to the sale of Millennium3, closure of Lonsdale, and changes to Bridges. The migration of clients and ...

Adviser numbers stable at 15,650

KARREN VERGARA  |  MONDAY, 15 JAN 2024
... Planning still has the highest number of representatives with 477. It had 546 at the start of 2023, a 13% drop in adviser numbers. Morgans Financial with 427 comes second place, while in third place Interprac Financial Planning had 331 employed advisers. ...

2024 to be a watershed year: FAAA

JAMIE WILLIAMSON  |  THURSDAY, 11 JAN 2024
... a year of positive change, including cutting costs for advisers, greater engagement with consumers, and rising adviser numbers. Outlining its priorities and expectations for 2024, the FAAA has said a key focus for the year is making it easier and cheaper ...

Adviser numbers steady, but shortfall predicted

CHLOE WALKER  |  MONDAY, 30 OCT 2023
... aged 55 to 84 years over the next decade. Statistically based projections suggest that, by 2033, Australia's adviser numbers will sit in the range of 15-18,000, Rainmaker said. "If the adviser numbers reach their upper level, they may just keep up ...

Bridges adviser base drops 20%

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2023
... group's total number down to 104, Rainmaker modelling of the dataset reveals. Bridges also saw a massive drop in adviser numbers last year. At the end of June 2022, Insignia slashed 30 adviser roles because of integrating MLC Advice and Bridges. ...

Count welcomes chief financial officer

CHLOE WALKER  |  FRIDAY, 8 SEP 2023
... in its wealth business, with aggregated revenues rising 24%, gross earnings up 19%, and a significant jump in adviser numbers. "We are well positioned for growth with strong demand for services in all segments," Humphrey said. "As one of Australia's ...

Strategic reset delivers for Count

JAMIE WILLIAMSON  |  WEDNESDAY, 30 AUG 2023
... wealth business, with aggregated revenues rising 24%, gross business earnings up 19%, and a significant jump in adviser numbers. In "a year of transformation", Count reported a very slight decline in net profit after tax, coming in at $5.1 million. This ...

Adviser demand up as industry turns corner: Recruiter

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... of whom have been waiting for the dust to settle in the advice industry. Conversely, since many client-facing adviser numbers have dropped since the Hayne Royal Commission, sadly the recruiter had to farewell many high-quality advisers with 10 years ...

Adviser numbers drop, FAAA strengthens recruitment

KARREN VERGARA  |  MONDAY, 15 MAY 2023
As adviser numbers drop below 16,000, the Financial Advice Association Australia (FAAA) is ramping up its initiatives to curb the attrition rate and meet the soaring demand for advice. The FAAA's chief executive Sarah Abood, who spoke at the newly merged ...

FAAA suggests adviser pathway tweaks

CHLOE WALKER  |  FRIDAY, 5 MAY 2023
... said implementing an appropriately targeted experienced pathway could help to offset the substantial decline in adviser numbers over recent years, down 45% since 1 January 2019. "A significant number of older advisers, who might have left the profession ...