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Financial Advisers Leaving In Droves

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13 November 2019 by FNArena

Article link: https://www.fnarena.com/index.php/2019/11/13/financial-advisers-leaving-in-droves/

The recent trend of financial advisers leaving the industry continued in the September quarter, as noted in Adviser Ratings’ (ARdata) quarterly “Musical Chairs” report.
The fallout from the banking Royal Commission impacted on financial advisers, including stricter regulation, changed fee structures and increased qualification requirements. Notwithstanding the simple “brand damage” that befell major institutional wealth managers by whom advisers were employed or with which they were aligned.


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