by Adviser Ratings
New figures for Quarter 3 show that more new licensees have been registered than have ceased operation, reversing the situation from Quarter 2 which saw, for the first-time licensee shutdowns outnumber new licensees for the first time in almost 5…
by Adviser Ratings
The exit of Westpac from advice has seen hundreds of advisers forced to seek new licensees to operate under. The closure of Financial Wisdom less than 12 months away and the fate of hundreds of AMP advisers still up in the air. These and other…
by Ravi Verma
There’s little doubt that the increasing costs of delivering financial advice, due in part to increasing regulation and qualification regimes, is a bigger roadblock than ever. If financial planners aren’t in a position to provide advice to people…
by Adviser Ratings
The restructuring of the advice industry is having a profound effect on many advisers, making them re-evaluate their role in the industry’s future. AMP’s freshly announced restructure and strategy looks to technology as as alternative to…
by Adviser Ratings
Adviser Ratings' CEO, Mark Hoven will be presenting at this year's ASX financial adviser workshops discussing financial sector trends in the coming weeks, starting this Friday in Sydney. He will reveal the latest feedback from over 1,000 individual…
by Adviser Ratings
Adviser Ratings Marketplace initiative will be launching soon, providing advisers with access to the results of our recent Marketplace survey. We will list advisers’ own ratings of providers to the industry. Advisers will be able to see how these…
by Adviser Ratings
In an update of its assets under management issued to the Australian Securities Exchange recently, AMP revealed that it had experienced record net outflows from its wealth management business. While the group struggles contain damage to its…
by Peter Horsfield
Platinum adviser Peter Horsfield says if you read the media and industry headlines, you'll read that thousands of financial advisers are currently running for the door. Now is a very difficult time for the financial planning industry. Indeed, the…
by Adviser Ratings
In our recently published Musical Chairs report on adviser movements in the industry, we identified that the overall industry shrank by 3% in terms of total number of authorised representatives. However, we can reveal here that this drain was offset…