Advisers urged to update FAR detailsAdvisers urged to update FAR detailsAdvisers urged to update FAR details

15 May 2025 by Lara Caughey, SMS Magazine

More than three-quarters of financial advisers have yet to register their qualifications on the Financial Adviser Register (FAR) before the end of this year, according to Adviser Ratings.

Substantial jump witnessed in advisers' AI usageSubstantial jump witnessed in advisers' AI usageSubstantial jump witnessed in advisers' AI usage

15 May 2025 by Shy-Ann Arkinstall, Money Management

The number of advisers currently using or planning to use artificial intelligence (AI) in their practices has significantly risen to almost three-quarters of firms, according to Adviser Ratings.

Q1 2025 sees second highest new entrants since the royal commissionQ1 2025 sees second highest new entrants since the royal commissionQ1 2025 sees second highest new entrants since the royal commission

15 May 2025 by Shy-Ann Arkinstall, ifa

Adviser Ratings’ latest industry report reveals the inflow of new entrants to the profession in Q1 reached its second highest peak since the start of 2019.

Deadline Looming for Thousands of AdvisersDeadline Looming for Thousands of AdvisersDeadline Looming for Thousands of Advisers

14 May 2025 by Risk Info

More than four thousand registered financial advisers have just over seven months to complete their minimum educational requirements in order to maintain their ‘existing adviser’ status. Findings contained in Adviser Ratings’ Musical Chair...

$4k comprehensive advice fee the new bar for viability$4k comprehensive advice fee the new bar for viability$4k comprehensive advice fee the new bar for viability

14 May 2025 by Beata Kuczynska, Professional Planner

Advice firms need to charge between $3000 to $4000 to remain viable, despite most Australians only willing to pay $500 for financial advice. The latest Adviser Ratings Musical Chairs report found 67 per cent of unadvised Australians would ...

Advisers seek personal touch from smaller licenseesAdvisers seek personal touch from smaller licenseesAdvisers seek personal touch from smaller licensees

14 May 2025 by Laura Dew, Money Management

Large AFSLs with more than 100 advisers are seeing the largest losses in both adviser and AFSL numbers as individuals seek a smaller, personal vision. The latest Adviser Ratings quarterly Musical Chairs Report explored financial adviser an...

Financial advisers face competition from digital solutionsFinancial advisers face competition from digital solutionsFinancial advisers face competition from digital solutions

13 May 2025 by Australian Financial Review

Australians are looking for cheaper financial advice options, leaving the door open for digital solutions to gain a foothold in the advice industry.

Profits on the rise for advice practices in 2025Profits on the rise for advice practices in 2025Profits on the rise for advice practices in 2025

12 May 2025 by Shy-ann Arkinstall, ifa

Early findings from Adviser Ratings’ annual report reveal a strong upward trend for advisers in 2025 as the profession enters a period of greater stability.

The advice practices generating $5m in revenueThe advice practices generating $5m in revenueThe advice practices generating $5m in revenue

8 May 2025 by Laura Dew, Money Management

Over half of advice practices are achieving profit margins of 20 per cent or more, according to Adviser Ratings, but practices with more than five advisers are seeing a significant revenue boost.

 
 
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