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‘Starting small’: Digital hub aims to grow depleted risk advice sector

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17 August 2023 by Chris Dastoor, Professional Planner

Article link: https://www.professionalplanner.com.au/2023/08/starting-small-digital-hub-aims-to-grow-depleted-risk-advice-sector/

Creating a business to service a declining market might seem like a nonsensical business move, but Marc Fabris believes the launch of Risk Hub will help facilitate more access to much-needed risk advice.

Data from Adviser Ratings earlier in the year found there are roughly 3400 advisers that write risk, but only around 150 “pure risk” advisers.

Fabris accepts the dire straits facing the risk advice sector, but sees the opportunity not only in the couple of hundred risk specialists, but the 3000 to 4000 advisers dipping their toes in risk.


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