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In Brief: July Edition  

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MASS EXODUS OF ADVISERS AS FY20 WRAPS UP

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10 July 2020 by Sarah Kendell, IFA

Article link: https://www.ifa.com.au/news/28234-mass-exodus-of-advisers-as-fy20-wraps-up

In a video presentation, Adviser Ratings founder Angus Wood said the numbers of advisers leaving was “significantly higher than previous weeks”, and that the industry was losing significant numbers of experienced practitioners.

“Ten per cent of those advisers who left had 30-plus years experience, so more than 30 advisers who have been in the industry for some time,” Mr Woods said.


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