The fee evolution: Time to put a real price on your advice
30 September 2020 by David Haintz, Professional Planner
According to the research group Adviser Ratings, the proportion of advisers charging fixed fees increased from 50 per cent of the industry in 2018 to 69 per cent last year, with another 24 per cent of advisers adopting a hybrid model.
How Aussie Advice Fees Compare to Global Markets
30 September 2020 by Sarah Kendell, IFA
In a recent blog post, Global Adviser Alpha founder David Haintz said Australian advisers remained “well ahead of the bunch” in terms of evolving to a more modern fee model, with 69 per cent of advice practitioners now charging fixed fees,...
Advice Industry Needs to Promote Itself: FASEA
29 October 2020 by Sarah Simpkins, IFA
As captured in FASEA chief executive Stephen Glenfield’s opening statement to a parliamentary committee, there were around 900 potential new advice entrants enrolled in bachelor degrees or higher at the of 2019. Around 200 had completed th...
How Financial Advice can add 5.2pc to your Bottom Line
14 October 2020 by Aleks Vickovich, AFR
According to research house Adviser Ratings, the median fees charged by advisers increased by almost 12 per cent to $2800 per client per annum in the 2019 calendar year.
Adviser Ratings completes ASX Find An Adviser tool
14 October 2020 by Chris Dastoor, Money Management
Financial advice data and ratings agency Adviser Ratings has completed the Australian Securities Exchange (ASX) Find An Adviser tool to help consumers find a financial adviser working at ASX trading participants.
Adviser Ratings unveils ASX adviser tool
13 October 2020 by Tharshini Ashokan, selfmanagedsuper
Financial advice data and ratings agency Adviser Ratings has launched a new service on the Australian Securities Exchange (ASX) to help consumers find financial advisers who are ASX trading participants.
Adviser Ratings acquires CRM boutique
24 September 2020 by Mike Taylor, Money Management
Adviser Ratings has used funds from its recent equity raising to acquire boutique CRM business Crinkle Cut Digital. The company announced the acquisition today noting that Crinkle Cut Digital provided the missing link between businesses on...
Crowded platform market ripe for consolidation
16 September 2020 by Tahn Sharpe, Professonal Planner
According to Adviser Ratings the number of registered advisers has dropped 15 per cent since the start of 2019 and is tipped to fall even further over the next five years as educational standards and regulatory reform squeeze time, money a...
The New Face of Stockpicking
27 August 2020 by Aleks Vickovich & Jonathan Shapiro , AFR
However, the finding comes as the supply of professional financial advice is diminishing and average costs are skyrocketing because of increasing regulations, with a 21 per cent decline in the number of advisers over the 12 months to June,...