Financial Adviser Market Insights, April 30, 2026
Adviser Numbers Increased by 8 for the week moving from 15,135 to 15,143
Four new Licensees this week and no ceased Licensees. The net rise of advisers was eight, slightly down on last week’s number of plus 10.
The March Financial Adviser Exam continues to see more advisers added to the ASIC Financial Adviser Register (FAR) with 8 (new advisers) joining this week. Without this increase, the net adviser count would have remained unchanged.
Sequoia owned InterPrac was down by again another four advisers, all four being appointed elsewhere.
Calendar 2026 YTD: net adviser numbers are up by 90, a rise of 0.6%. At the same point last year the net increase was 108, or 0.7%. Although the absolute net gain in advisers this year is smaller (90 vs 108), the percentage rise is only marginally lower because the starting totals differed: on 1 Jan 2025 there were 15,471 advisers, while on 1 Jan 2026 there were 15,053 — a reduction of 418 advisers.
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Key Adviser Movements for the week
15,143 current advisers
Net change of advisers +8
31 licensee owners had net gains of 43 advisers
24 licensee owners had net losses of (-33) advisers
Four new licensees and none ceased
8 new entrants
74 advisers affected by appointments / resignations.
Other key dates affected by this week’s data
Net Change Calendar 2026 YTD +90. At the same date last year it was +108
Net Change Financial YTD (2025/26) (-26)
Net Change Last 12 months (-455)
Growth - Licensee Owners
Entireti up by eight, with six of these returning from last week leaving the actual net change at one. The other two being new advisers.
Six Licensee owners up by two:
Walker Lane PTY LTD, advisers coming from Sensible investment and Rhombus Enterprises
Rhombus Enterprises, advisers coming from Fortnum Advice and Paragem
A new licensee (details given to members), with both advisers coming from Matrix Planning
Lifespan, two advisers coming from Interprac and one advisers coming from Sira with one adviser leaving to their own licensee ID Financial.
Jesse Edward Franks, advisers coming from InterPrac
Bannister Consulting PTY, advisers coming from Connects AFLS and Parc Wealth Group
23 licensee owners up by one, including WT Financial and Findex the three remining new licensees.
Losses - Licensee Owners
Count down by five, one adviser going to Masu Financial and four yet to be appointed elsewhere
Sequoia down by four, as noted above joining Lifespan and Focussed financial Advice
Three licensee owners down by two,
Cannacord, both advisers not appointed elsewhere to date
Centrepoint, both advisers yet to be appointed elsewhere
Spark Partnership, advisers yet to be appointed elsewhere.
17 licensee owners down by net one each including; FSSSP Financial and Infocus.
