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Over 2.5k advisers depart during the last 12 months

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7 July 2022 by Chris Dastoor, Professional Planner

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The FY22 financial year has seen 2,671 advisers leave the industry according to figures from Wealth Data. At the start of the financial year there were 18,948 advisers on the ASIC Financial Adviser Register, which decreased to 16,277 by 30 June. 

By the end of the year, Adviser Ratings expects numbers the number of advisers on the FAR to reach 14,964, although 15,600 have passed the exam. 


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