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Adviser numbers fell by 14 for the week, moving from 15,209 to 15,195
A pullback after four consecutive weeks of gains. Calendar 2026 stands at +137, against (-23) at the same point last year, a turnaround of 160 advisers. Financial year to date sits at +313.
A quiet week with no single dominant story. Entireti & Akumin Group saw internal switching between its licensees, Sequoia Group and WT Financial Group were the largest losers, three licensees were reduced to zero advisers, and two new licensees commenced. Thirty licensee owners were down by just one adviser each.
A total of 96 advisers were affected by appointments and/or resignations this week, including 7 new entrants to the register.
Key Adviser Movements for the Week
15,195 current advisers
Net change of advisers: (-14)
New Entrants: 7
New licensees commenced: 2
Licensees ceased: 3
28 licensee owners had net gains
36 licensee owners had net losses
Net Change Calendar 2026 YTD: +137 (2025 same period: (-23))
Net Change Financial Year 2026/27 YTD: +313
Net change last 12 months: (-251)
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Growth - Licensee Owners
PSK Group up by four to 93 — two advisers from Picture Wealth Group, one returning after a break and one new entrant.
Four licensee owners up by three:
Insight Management Partners (Insight Investment Partners Pty Ltd) (30)
New licensee commenced with tree - details given to members (3); all three advisers currently remain authorised at Providence Wealth Advisory Group.
Mathew Paul Gale (GJ Private Group Pty Ltd) (11) — three advisers joining together from Entireti & Akumin Group.
Rhombus Enterprises (484)
Three licensee owners up by two:
Hatmour Pty Ltd ATF Gilmour Family Trust (Integro Holdings (WA) Pty Ltd) (13) — both from Oreana Financial Services.
Phillip Alexander (Gill and Co Advisory Pty Ltd) (56) — both from Sequoia Group.
Zurich Financial Services Australia Limited (Zurich Assure Australia Pty Limited) (16)
A tail of 20 licensee owners up by net one each, including NAB Bank (263), Industry Super Holdings (106), ART Group Services (69) and the other newly commenced licensee.
Losses - Licensee Owners
Sequoia Group down by seven to 67 — six of the seven have already been reappointed elsewhere, including two at Phillip Alexander (Gill and Co Advisory Pty Ltd).
WT Financial Group down by six to 497 — five of the six not yet reappointed.
Entireti & Akumin Group down by three to 1,099, with internal switching between its Fortnum licensees and between Akumin and LFC (Ironbark), which doesn't change the group's total.
Janus Financial down by three to 91 — two moved to Insight Management Partners (Insight Investment Partners Pty Ltd).
Two licensee owners down by two: Picture Wealth Group (385) and Oreana Financial Services (106).
A tail of 30 licensee owners down by net one each, including Centrepoint Group (596), Count Limited (552), Ord Minnett Group (281), Findex Group (131), Perpetual Group (73) and Koda Capital (49).
Three licensees were reduced to zero advisers: Andrew James Beam (Austwide Financial Planning Pty Ltd), BWP Advisory Pty Ltd and Equitem Financial Services Pty Ltd.
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