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In Brief: July Edition  

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Advisers Consider the Next Chapter

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2 August 2019 by Professional Planner

Article link: https://www.professionalplanner.com.au/2019/08/advisers-consider-the-next-chapter/

A 20 per cent to 30 per cent exodus of the 25,000 or so authorised representatives currently on ASIC’s register is the more common prediction that’s being bandied around, but even this more conservative estimation represents in excess of 7000 advisers potentially moving on to new pastures.
Indeed, the run has already started. Adviser Ratings released data in late July stating that 2850 advisers have left the industry this year.


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