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Regions that have lost more than one in four advisers

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17 October 2022 by Maja Garaca Djurdjevic, Independent Financial Adviser

Article link: https://www.ifa.com.au/news/31901-regions-that-have-lost-more-than-one-in-four-advisers

New research has revealed that while adviser numbers have been plunging across the country, some geographical regions have suffered more than others.

According to Adviser Ratings, while advisers used to be mostly clustered around the metropolitan centres, especially on the East Coast, amid COVID-19, more and more advisers chose to relocate to regional centres.

But data from the Adviser Ratings Landscape Report has revealed that several regions across the country have lost more than one in four advisers in a 12-month period to the end of last year. This trend juxtaposed the population growth these regions were seeing at the time.


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