Financial Adviser Market Insights, February 19, 2026
Adviser Numbers Increased by Eleven for the week moving from 15,141 to 15,143
The net change of financial advisers increased by two. However the number of new entrants was ten indicating eight experienced advisers ceased on the ASIC Financial Adviser Register (FAR).
One new licensee which was an existing licensee recommencing after a short break. A total of 78 advisers affected this week.
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Key Adviser Movements for the week
15,143 current advisers
Net change of advisers +2
31 licensee owners had net gains of 35 advisers
25 licensee owners had net losses of (-35) advisers
1 new licensees and 2 ceased
10 new entrants
78 advisers affected by appointments / resignations.
Other key dates affected by this week’s data
Net Change Calendar 2026 YTD +73
Net Change Financial YTD (2025/26) (-28)
Net change last 12 months (-428).
Growth - Licensee Owners
Four licensee owners up by two each:
Templestone Financial Services picked up one advisers each from Akumin and Hejaz Financial Advisers
IA Advice with both advisers switching from Locumsgroup Asset Management which is now down to zero advisers
Fiducian Financial Group with one advisers re-joining after ceasing in December and one adviser switching from Matrix Planning Solutions owned by Centrepoint Group
Count Limited with both being new entrants
A total of 27 licensee owners up by net one including: Morgans Group, Centrepoint Group and the lone new licensee which recommenced after ceasing in December 2025.
Losses - Licensee Owners
Sequoia down by four, one switching to Lifespan and another to Akumin Financial Planning. The remaining two have not been appointed elsewhere to date.
Capstone down by three with two switching to Fortnum Private Wealth, owned by Entireti & Akumin Group, and one not showing as being appointed elsewhere to date.
Entireti & Akumin Group also down by three, with seven resigning and appointing four across the group
Three groups down by two each:
Devere Australia Group with both not showing as appointed elsewhere
Locumsgroup Asset Management, as mentioned above, both joining IA Advice
Peter Robert Stemm (You Only Get One Life Pty Ltd), one adviser joining Billingham Advisers and the other not appointed elsewhere.
A tail of 19 licensee owners down by net one each including, Findex Group, Euroz Hartleys and Bongiorno Group.

