Number of Advisers decreased by (-5) from 15,916 to 15,911

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Key Adviser Movements This Week:

• Net Change of advisers (-5)

• 20 Licensee Owners had net gains for 35 advisers

• 22 Licensee Owners had net losses for (-26) advisers

• 3 new licensees commenced and (-2) ceased

• 4 Provisional Advisers (PA) commenced and (-2) ceased.

Summary
A quieter week with few highlights. The net loss of five advisers does again indicate that losses have slowed. The number of new Provisional Advisers did was down after several strong weeks of gains.

Growth This Week
At the licensee owner level, Industry Super Holdings (ISH) showed growth of 15. However, 14 of the advisers are still authorised at LGSS Super (Local Government Super that re branded to Active Super). We presume that the advisers will eventually be authorised only at ISH.

Count are up by 2 picking up 1 adviser from AAN Wealth and the other adviser was ex Capstone. A tail thereafter of 18 licensee owners who had net gains of 1 adviser each. Licensee owners included Steinhardt (Infocus) who picked up an adviser from Charter (AMP Group). Centrepoint also up by 1, noting that Centrepoint continue to move advisers from Clearview to Matrix and Clearview now only has 5 advisers.

The 3 new licensees were all single adviser models and details are given to our members.

Losses This Week
WT Financial Group are down (-3) with one of the adviser commencing his own AFSL. Evans Dixon down by (-2) as are Insignia. None of the advisers have been appointed elsewhere. A tail of 19 licensee owners down by (-1) each including AMP Group, Diverger, Morgans and William Buck.

The 2 licensees that closed both only had the 1 adviser.

Gains Last 12 months - Dashboard 2B of Fast facts
The chart below highlights growth by licensee owners, filtered by most growth over the last year. AIA is out in front but has been losing advisers progressively over the last few months. Count Group are next at 39 and Industry Super Holdings after a big week are up by 32.

Of the top 16 licensee owners (in the image) only 2 have more than 100 advisers and a total of 4 have 50 or more.

As for losses (not shown) NTAA is down by (-391), Insignia down (-271) and AMP Group down by (-248). Of interest, the losses at AMP Group over the last 1, 3 and 6 months have been greater than Insignia.

Adviser Fast Facts Page - Update

The most popular dashboard page - Page 1A of the Adviser Fast facts series of dashboards has been updated. Our members can now see the adviser names that have been recruited in and out of licensee owners. The short video will explain more.

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