Number of Advisers, number of licensees, who owns who, what you can expect to pay and more...
"Best summary I have ever seen!"
"Best summary of the scale of the financial advice profession that I've seen. Very useful to include the information on the licensees, level of qualifications and associations.
I agree with Gary that it'd be great to have a reference of the source of the information. I imagine that some of it may come from the new Financial Advisers Register. The information on fees is interesting so it'd be nice if consumers understood the quality of the source.
Sadly, the view of Alli F is held by too many Australians - yet it is a big misunderstanding about how financial advisers help Australians make smarter strategic decisions than they do on their own."
"There are a lot of advivers who will have to increase their qualifications when the new minimum standard rule kick in in a couple of years."
"$3,600 for a years worth of financial advice. I could think of a lot of things I would rather spend that much money on rather than give it to a some dodgy adviser selling me bank products"
"6 Corporates own 29 licensees that control 10,000 (nearly half) Financial Advisers in Australia. I thought it was higher than that."
"Awesome stats - can you tell us how they were sourced?"