June 2026, Financial Adviser Exam Analysis

ASIC on July 3, 2026 released the results for the June sitting of the Financial Adviser Exam. The results are always a good indicator to the number of new entrants to the advice profession.

Members can access the data through Dashboard 10 of the ‘Adviser Fast Facts’ series of dashboards - There are three charts than allow the user to change the date ranges.

The June sitting had 209 candidates, down on the March 2025 sitting which had 292 and drop from the June 2025 sitting which was 247.

The number of candidates that passed the exam was 150, representing 72% of candidates up 6% from June 2025. The total was 59 lower than March 2025 which was 209 and and seven lower than June 2025 which was at 157. The pass rate of 72% is above the 70% average rate for the last five sittings.

The number of candidates sitting for a second time or more was 72, a increase compared to June 2025 which was 58.

Since the Financial Adviser Exam was first introduced and commonly referred to as the FASEA Exam, the total number of candidates that have passed the exam is now at 21,113. The total number of advisers at the end of June was 14,893. This shows that some 6,220 candidates have passed the exam and are not practicing as an adviser. Back in June 2025 this number was 4685.