For Consumers

For Advisers

Connect with us

MENU
FIND AN ADVISER

Media | Search

Clients left in limbo as financial advisers head for the exits (1)Clients left in limbo as financial advisers head for the exits (1)Clients left in limbo as financial advisers head for the exits (1)

18 February 2020 by John Collett, The Age

This inexorable across-the-board decline is being driven by ... major banks exiting wealth, removal or reduction of commissions, higher educational standards and the challenges for many to restructure their advice businesses to remain prof...

Clients left in limbo as financial advisers head for the exits (2)Clients left in limbo as financial advisers head for the exits (2)Clients left in limbo as financial advisers head for the exits (2)

18 February 2020 by John Collett, Brisbane Times

Advisers have been leaving the major institutions in droves. While many have left the industry, others have switched to smaller firms. Adviser Ratings figures show smaller advice firms now authorise 58 per cent of advisers

Sharp drop in Australian adviser numbers: reportSharp drop in Australian adviser numbers: reportSharp drop in Australian adviser numbers: report

18 February 2020 by Christopher Cooper-Ind, International Investment

The report, published by Adviser Ratings, shows 4,378 left the profession in 2019, with 1,133 leaving in in 4Q2019 alone. The total number of active advisers at the end of 2019 fell to 23,639, which represents the lowest figure since 4Q201...

KKR-backed US outfit buys stake in Melbourne wealth firmKKR-backed US outfit buys stake in Melbourne wealth firmKKR-backed US outfit buys stake in Melbourne wealth firm

18 February 2020 by Aleks Vickovich, AFR

Mediq is licensed by Synchron, which is now one of the six largest financial advice networks in Australia following the sale of Westpac's financial advice operations and the decline at CBA, according to research house Adviser Ratings.

Adviser Numbers Drop To Four-Year LowsAdviser Numbers Drop To Four-Year LowsAdviser Numbers Drop To Four-Year Lows

17 February 2020 by Sarah Kendall, IFA

The number of advisers in the Australian market dropped to four-year lows in 2019, with a third of industry practitioners either switching licensees or handing in their authorisations over the course of the year, according to Adviser Ratin...

Lowest Adviser Numbers Since 2015Lowest Adviser Numbers Since 2015Lowest Adviser Numbers Since 2015

17 February 2020 by RiskInfo

Two key trends are driving the financial adviser industry, according to Adviser Ratings – overall adviser numbers continue to decline and increasing numbers of advisers are being licensed by a privately-owned licensee.

Why Netwealth will survive the coming wealth disruptionWhy Netwealth will survive the coming wealth disruptionWhy Netwealth will survive the coming wealth disruption

6 January 2020 by Aleks Vickovich, AFR

According to data released by research house Adviser Ratings in December, Netwealth enjoys pole position among platforms on adviser sentiment, including a first ranking on net promoter score, adviser experience, ongoing adviser support, ov...

Call to slap capital buffers on small financial firmsCall to slap capital buffers on small financial firmsCall to slap capital buffers on small financial firms

3 February 2020 by Aleks Vickovich, AFR

The lawyer was reflecting on data released by research house Adviser Ratings, which showed a proliferation of small, independent and self-licensed boutique firms in the financial advice market as adviser and consumer sentiment towards the ...

Post-Hayne chaos may yet sink financial advice industryPost-Hayne chaos may yet sink financial advice industryPost-Hayne chaos may yet sink financial advice industry

31 January 2020 by Aleks Vickovich, AFR

In the 12 months since Hayne, the cost barriers have only risen. According to data from research house Adviser Ratings, median fees charged by advisers increased by almost 12 per cent to $2800 per client per annum.