Page 30 - Wealth Data News Today

Wealth Data has revealed a “disappointing” double-digit loss in advisers to start February after a positive January.

Adviser losses have dramatically slowed this year compared to the start of 2022 when there was a net loss of more than 1,700 advisers.

AMP lost the highest number of advisers over the last three months. New figures from Wealth Data have confirmed that in the three-month period since 1 November, there was a net loss of 36 advisers al

Financial advice and wealth management technology services business Finura Group says that the decline in adviser numbers will see the platform market heat up. In its 2023 Wealth Tech Predictions rep

So far in 2023 there have been 29 new entrants to the advice industry. After revealing that over 2,000 advisers resigned in 2022, Wealth Data has reported that 336 advisers were recruited last year.

The financial advice industry has what it takes to win the war for talent, writes Bell Direct CEO Arnie Selvarajah.

There were over 350 new entrants who came on board during 2022, according to Wealth Data, as the industry seeks to grow to counter the adviser exodus.

Wealth Data has revealed the total number of advisers, and their sectors, who left during 2022.

Despite heavy losses in adviser numbers throughout 2022, there has been further growth to begin 2023. According to Wealth Data, there was a net loss of six advisers over the week to 19 January, wi

The advice industry has had a much better start to 2023 than last year, when FASEA exam requirements “smashed” adviser numbers. According to Wealth Data, there was only a net loss of 10 advisers