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In Brief: July Edition  

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Large Private Licensee Adviser Numbers Holding Up

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24 July 2023 by Risk Info

Article link: https://riskinfo.com.au/news/2023/07/24/large-private-licensee-adviser-numbers-holding-up/

Piquing readers’ interest this week was the news that while no licensee segment increased its numbers over the past year, the large private licensee market shrank only marginally…

While no licensee segment increased its numbers over the 12 months to the end of the financial year, the large private licensee market (100-plus) shrank by only 2%, according to Adviser Ratings.

In looking at adviser numbers at the end of the 2022-23 financial year, the research firm also notes, in an article on its website, that “…once again, limited licensees and banks said goodbye to the highest proportion of advisers across the financial year…”


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