Uptick in succession planning among mature firms
26 June 2023 by Rhea Nath, Money Management
In the last 12 months, there has been marked improvement in future planning among advice practices, according to Adviser Ratings. In 2021, less than half of mature businesses (five-plus years) said they had a succession plan. By 2022, thi...
How can more Australians get the advice they need?
19 June 2023 by Paul Feeney, Professional Planner
How can more Australians get the advice they need? The answer is obvious — a scalable online solution is the only way to fill the advice gap. With the inevitable decrease in recent adviser numbers, we know there’s not enough capacity to p...
Calculating the cost to serve
15 June 2023 by Nina Hendy, Professional Planner
As the industry has been dealt an onslaught of legislative changes in recent years, it’s widely acknowledged that providing financial advice has never been more expensive than it is right now. A survey recently published by Business Healt...
I’d rather sit down with a female financial planner
13 June 2023 by Bianca Hartge-Hazelman, Australian Financial Review
When it comes to making money, most of us want the best. It’s a bit like going to a heart surgeon – performance and track record are what matters, and gender shouldn’t come into it. But gender bias is a powerful force, and it could be hol...
What to consider when hiring an asset consultant
12 June 2023 by Laura Dew, Money Management
There are three things to consider if any advice firms want to consider working with outsourced asset consultants, according to Mason Stevens’ chief investment officer, Jacqueline Fernley. The 2022 Adviser Landscape Report from Adviser R...
Are life insurance advisers at risk of extinction?
5 June 2023 by Jasmine Siljic, Money Management
Commission changes, premium increases, and profitability fears have driven risk advisers out of the profession or into new advice careers, says Adviser Ratings. During 2020–22, risk advisers were between 2.4 and 2.5 times more likely to ...
Adviser Ratings merges with ProductRex
2 June 2023 by Jasmine Siljic, Money Management
Adviser Ratings’ wealth data and sentiment business ARdata announced its completed acquisition of investment and superannuation system ProductRex. With ARdata taking full ownership of the platform, ProductRex’s founder, Nick Topham, would...
Adviser Ratings acquires ProductRex
1 June 2023 by Professional Planner
Super and platform comparison tool ProductRex has been acquired by Adviser Ratings. The software was launched nearly two years ago by digital specialist Nick Topham, who operated it as a one1-person business. It grew significantly and now...
Media Release: Adviser Ratings Group Acquires Super & Investment Platform Comparison To...
1 June 2023 by Adviser Ratings
Australia’s leading wealth data and sentiment business, ARdata, has today announced it has completed the acquisition of ProductRex, the hugely popular investment, platform, and superannuation recommendation modelling tool for financial adv...