26 July 2021 by Aleks Vickovich, Australian Financial Review
A 30 per cent hike in costs will add $1000 to an average financial adviser’s annual expense base, pushing professional advice further out of reach for many retail investors.
Analysis by researcher Adviser Ratings, compiled for The Austral...
July 17, 2021 by John Collett, Sydney Morning Herald
The fall in numbers is putting upward pressure on advice fees. Earlier this year, ratings firm Adviser Ratings estimated fees had jumped more than 28 per cent in two years.
8 July 2021 by Tim Henry / Angus Woods
Angus Woods is the Founder and Managing Director of Adviser Ratings. He chats to us about what consumers needed from a site like Adviser Ratings and how it aims to assist in making good decisions on who you work with.
2 July 2021 by Sarah Kendell, IFA
The latest Adviser Ratings data showed that 112 advisers left the industry in the week to 24 June, with total numbers on the adviser register now at 19,651.
Comparing adviser numbers at the industry’s peak in December 2018, the biggest lo...
May 20, 2021 by Tahn Sharpe, Professional Planner
Bank licensees bore the brunt of adviser departures in the first quarter of 2021 according to research house Adviser Ratings, continuing the trend of advisers steering away from institutional groups for their licensing needs.
Furthering a...
April 29, 2021 by Tahn Sharpe, Professional Planner
While researchers and Professional Planner poll respondents predict adviser numbers will soon drop to 13,000 and below, many industry observers quietly predict the number will settle at a far more conservative 15,000 to 17,000. The numbers...
April 28, 2021 by Sarah Kendell, ifa
Adviser Ratings’ 2020 Advice Landscape Report surveyed advisers on their intentions to stay in the industry beyond 2021, and found that around 770 advisers from the aligned dealer groups were expected to exit, while more than 670 from larg...
April 27, 2021 by John Collett, The Sydney Morning Herald
In 2019, there were as many as 23,500 advisers, including stockbrokers who are licensed to give financial advice, figures from researcher Adviser Ratings’ 2020 industry report show.
23/04/2021 by Sarah Kendell, ifa
The Adviser Ratings’ Advice Landscape report predicted that given current exit rates from the sector, and the group’s data around how many practitioners were planning to stay in the industry, just 13,154 advisers would be left in four year...