Weekly Financial Adviser Movement, Dec 9, 2021
Losses this week eased back after many advisers successfully switched to new licensees. Interesting to note PSK taking on more advisers through the AMP Group.
Weekly Financial Adviser Movement, Dec 2, 2021
A heavy week of losses as Commonwealth Bank walk away from advice and big losses at AMP and IOOF. Net losses compounded by so few advisers switching to alternate licensees.
Weekly Financial Adviser Movement, Nov 25, 2021
A net loss this week of (-37) advisers. We did see a low rate of switching this week which may indicate that more advisers are simply leaving the advice market as opposed to seeking other roles.
Weekly Financial Adviser Movement, Nov 18, 2021
A net loss this week of (-25) advisers. We also introduce our new ratings system by advisers and licensees which is now available to clients.
Weekly Financial Adviser Movement, Nov 11, 2021
Only a net loss of (-4) advisers this week. We also take a look at the number of financial advisers on the ASIC FAR and what products they can offer.
Weekly Financial Adviser Movement November 4, 2021
A sea of red this week with (-59) net adviser losses and some (-65) experienced advisers no longer current on the ASIC FAR. Losses at the major groups remain out of kilter with the market as a whole.
Weekly Financial Adviser Movement October 28, 2021
Net adviser losses this week was (-20), despite 8 new Provisional Advisers commencing. This indicates that a total of 28 experienced advisers dropped off the ASIC FAR this week.
Weekly Financial Adviser Movement October 21, 2021
Net adviser losses this week was (-29), despite 7 new Provisional Advisers commencing. This indicates that a total of 36 experienced advisers dropped off the ASIC FAR this week, however, we are expecting a small number to reappear next week under ‘self-licensed’ models.
Weekly Financial Adviser Movement October 14, 2021
Net Adviser losses this week was (-15). We analyse FASEA Exam results and provide an updated forecast for FASEA Exam pass results for year end.