24 January 2020 by Aleks Vickovich, AFR
According to data from research house Adviser Ratings, Commonwealth Private currently has 45 financial advisers operating under its licence, down from 62 advisers in September, representing a 27 per cent decline.
23 January 2020 by Sarah Thompson, Anthony Macdonald and Tim Boyd, AFR
The licensing entity Macquarie Equities had 144 advisers on its books at December 2019, down from 150 in September, 212 in December 2018 and 282 in December 2017, according to data from research house Adviser Ratings.
15 January 2020 by Aleks Vickovich, AFR
In 2019, the median cost of financial advice increased by 12 per cent to $2800 per client per annum according to research house Adviser Ratings.
9 January 2020 by Tahn Sharpe, Professional Planner
“There was a marked slowdown in Q3 following the government’s announced extensions for advisers to meet the [Financial Adviser Standards and Ethics Authority] deadlines,” Adviser Ratings CEO, Mark Hoven, says.
In a related study, the Q3 Ad...
8 January 2020 by Aleks Vickovich, AFR
According to data released by research house Adviser Ratings in December, there is now a "new big six" in financial advice made up of AMP and NAB, as well as ASX-listed wealth giant IOOF and privately-owned groups SMSF Advisers Network, Ea...
17 December 2017 by Aleks Vickovich
Research house Adviser Ratings took the pulse of 50 so-called robo advisers – fintech companies involved in automating elements of personal finance and investment management – and found 79 per cent were confident about the future of their ...
4 December 2019 by AFR, Aleks Vickovich
Hub24 managing director Andrew Alcock said he welcomed more competition on financial services. "We believe our offer is truly market-leading in all respects," he added.
The financial adviser market continued to fragment and contract over t...
13 November 2019 by FNArena
The recent trend of financial advisers leaving the industry continued in the September quarter, as noted in Adviser Ratings’ (ARdata) quarterly “Musical Chairs” report.
The fallout from the banking Royal Commission impacted on financial ad...
5 November 2019 by Lachlan Maddock, IFA
The Adviser Musical Chairs Report noted an overall decline of almost 700 advisers around the country in Q3 2019, a contraction of almost 3 per cent.
This continues the trend of advisers leaving the industry, albeit at a reduced rate from t...