More losses this week dominated by NZ firm Graigs Investment Services. Net loss of 28 advisers and we edge closer to 17,000 advisers.

A week dominated by a large number of small licensees effectively closing. Very little growth with most advisers not being reappointed.

A week dominated by a large number of small licensees effectively closing. Very little growth with most advisers not being reappointed.

A busy week with 8 new licensees and 7 closed. 9 new Provisional Advisers. However, a net loss of (-24) advisers with Insignia and AMP both wearing significant losses for the week.

A gain this week of +4 financial advisers, driven by an increase in Provisional Advisers. We also saw a small number of advisers coming back onto the ASIC FAR after passing the Financial Adviser Exam.

A loss of (-15) advisers this week as adviser numbers reduced to 17,193. 4 new licensees and 4 closed. This week we analyse the ‘Contestable Market’ for Investments. Highlights how difficult it is to reach all advisers.

A drop of (41) advisers this week, dominated by Craigs Investments Partners. We also explain the difference between having 600+ Advisers and 560 Financial Advisers.

Slight drop in the number of advisers. New ‘self licensed’ models continue to grow, another 4 added this week for the financial planning peer group.

Number of advisers down by (31) this week. Losses spread across a wide range of licensees including 5 that closed.