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Showing 1 - 10 of 160 results for "Adviser numbers"

Wealth firms 'still have PTSD from the Royal Commission': Deloitte

ANDREW MCKEAN  |  TUESDAY, 14 MAY 2024
... providers. While 69% of recent adviser switchers are baby boomers, reflecting industry consolidation and declining adviser numbers, many younger investors are looking for lower fees and enhanced digital experiences. Financial Standard is the media partner ...

Advisers urgently call on Treasury to recognise degrees

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... of new entrants will not replenish the advisers who are going to be retiring over the coming years. Growth of adviser numbers is impossible under the current education regime." By working together with other advice professionals that comprise the Joint ...

Adviser numbers plateau

KARREN VERGARA  |  THURSDAY, 18 APR 2024
The number of financial advisers in Australia appears to be stabilising at 15,602, as Count and AMP Financial Planning continue to hold the lion's share. Rainmaker's analysis of the ASIC Financial Adviser Register (FAR) shows that the population ...

Centrepoint Alliance targets further growth with new platform

JAMIE WILLIAMSON  |  MONDAY, 26 FEB 2024
... Advice Matters Group. Its profit after tax was $4.9 million and gross revenues came in at $140.5 million. In its adviser numbers it saw net growth of 17 across the licensed and self-licensed channels, with its total now sitting at 1338. It added that ...

Morrison divestment lifts Sequoia profits

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
... services business reported a 64% jump in revenues to $50.9 million, while EBITDA climbed 110% to $3.5 million. Its adviser numbers grew in 1H24, it said, as did revenues across its network due to the tight supply of adviser services, Sequoia said. It ...

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. ...
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