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ASX-listed WT Financial Group will become Australia’s third largest financial adviser after it acquires rival Synchron for $8 million.

Poder y Dinero Plano Informativo, único periódico de San Luis Potosí, SLP que actualiza las noticias más relevantes en el instante en que suceden

Net change advisers roles (licence owners > 50 current advisers) Source: HFS Consulting Colin Williams, director at HFS, told Money Management that the losses at IOOF and MLC would be very worrying across the board as they were building a momentum of their own which would be hard to stop in the short term. “Another issue will be the number of advisers who may drop out due to not completing the FASEA exam,” he said. “The latest figures out of FASEA are not encouraging and those losses could be very high for a lot of licensees including those owned IOOF and MLC.”

Could the adviser exodus be turning around? Could the adviser exodus be turning around? There were positive signs for the advice industry as February came to a close, with the number of advisers joining the industry matching that of adviser exits for the first time this year, according to data from Adviser Ratings. A A Sharing the latest adviser movement statistics, Adviser Ratings founder Angus Wood noted that just two advisers had ceased their authorisations in the week to 25 February, while two had joined the industry. A further 18 had switched licensees. Mr Woods said the data represented...