Over 20 adviser losses reported at single licensee
A licensee saw a drop of more than 20 advisers this week, according to Wealth Data, while there were six new entrants.
Source: moneymanagement.com.au
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AMP CEO reflects on regaining top licensee spot
AMP chief executive Alexis George says 2023 saw advisers looking to join the business again after a difficult few years, as it takes the top spot as Australia’s largest licensee.
Source: moneymanagement.com.au
Licensees recommencing to be a 'common theme' in 2024
Wealth Data’s Colin Williams expects financial advice licensees recommencing to be a common trend throughout this year, as nine licensees have restarted over the past four weeks.
Source: moneymanagement.com.au
Count-Diverger see adviser losses ahead of merger
Losses at Count and Diverger, which are set to merge in March, have wiped out the double-digit adviser gains seen last week.
Source: moneymanagement.com.au
New entrants propel positive adviser growth
Wealth Data has recorded a “very encouraging” 18 advisers joining the financial advice industry this week, with over three-quarters joining as new entrants.
Source: moneymanagement.com.au