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Dramatic growth in non-aligned advisers: Research

Financial advisers tilted towards the non-aligned sector at an unprecedented rate during 2021, a new report suggests.

Advisers networkBusiness servicesAlliance wealthFinancial adviserCapstone financial planningLifespan financial planningCount financialOrd minnett

Licensees lag with reporting adviser numbers

While adviser numbers continued to decrease this week, it was at a slower pace than anticipated as many licensees are yet to report their data to the corporate regulator.

Colin williamsAdvisers networkInsignia groupWt financial groupInvestments commissionEthics authorityMoney managementreportedAustralian securitiesWealth dataFinancial adviser standardsConsilium advice

Adviser population drops below 19,000

The financial advice industry lost more than 2200 advisers this year, marking an 11% year-on-year drop to 18,822.

Jane humeAdvisers networkBusiness servicesPalladia licensee servicesAlliance wealthAllman financial servicesLighthouse advice groupMcallister wealth groupAdviser registerSynchronised business servicesCharter financial planningConsultum financial advisersInterpac financial planningCapstone financial planningLifespan financial planningAdvice group

Women advisers drop to 21%

The number of women working in the financial advice industry has dropped to 21% compared to 25% two years ago.

Northern territoryAdvisers networkBusiness servicesAdviser registerCharter financial planningMorgans financialMerit wealthCommonwealth financial planningSynchronised business servicesConsultum financial advisers

Industry loses 59 advisers this week | Money Management

The number of advisers dropped this week by 59 to 18,764 as AMP Financial Planning fell to second spot.

Colin williamsAdvisers networkInvestments commissionCommonwealth financial planningAustralian securitiesFinancial adviser register

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