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6:1 Ratio Of Departing Advisers Versus New Entrants

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26 April, 2022 by Chris Dastoor, Professional Planner

Article link: https://www.professionalplanner.com.au/2022/04/61-ratio-of-departing-advisers-versus-new-entrants/

The ratio of advisers that leave the industry versus replacements is six-to-one, with the sector likely to reach 14,964 planners by the end of the year according to research group Adviser Ratings.

4,103 advisers ceased in 2021, with only 244 new entrants and 460 returning advisers for a net loss of over 3,000 according the ‘2022 Australian Financial Advice Landscape’ report.


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