Count reports net loss of five advisers
There was a double-digit loss of advisers last week with much of the weekly movement seen at licensee Count.
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There was a double-digit loss of advisers last week with much of the weekly movement seen at licensee Count.
There continues to be slow but steady growth in adviser numbers, with the number increasing to 15,846 following a small net gain of one adviser this week, according to Wealth Data.
Whilst micro-AFSLs’ numbers continue to grow, larger licensees including AMP and Insignia Financial are struggling to hold down their advisers.
Over 230 new entrants have appeared on the Financial Adviser Register since 1 July 2022 with their numbers cited as a key strategy for licensee growth.
Over 230 new entrants have appeared on the Financial Adviser Register since 1 July 2022 with their numbers cited as a key strategy for licensee growth.