Weekly Financial Adviser Movement, Dec 16, 2021
Financial adviser losses at (-126) with heavy losses at CBA, followed by Insignia (IOOF) and AMP. The next few weeks will be volatile as the the effect of the FASEA Exam rolls through the data - stay tuned.
FASEA Exam Wrap For 2021
With the final FASEA Exam results for 2021 reported, we estimate how many advisers will be left on the ASIC FAR for January 2022
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A sea of red this week with (-59) net adviser losses and some (-65) experienced advisers no longer current on the ASIC FAR.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.