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Could the adviser exodus be turning around?

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.
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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 “a very good week all up” for the sector, although he did not expect adviser exits to let up, with 149 practitioners having left since the start of 2021. ....

Angus Wood , Sarah Kendell , Sentry Group , Oracle Advisory Group , Adviser Ratings , Commonwealth Financial Planning , Financial Control , Queensland Based Oracle Advisory Group , அங்குஸ் மரம் , சாரா கெண்டெல்ல் , அனுப்புதல் குழு , காமன்வெல்த் நிதி திட்டமிடல் , நிதி கட்டுப்பாடு ,

Is it too expensive to maintain planners on register?

This week GWM Adviser Services continued to lose adviser roles as it accounted for the second biggest drops in adviser number, with six more roles gone, on top of 12 roles which were removed from the register last week, according to HFS Consulting’s analysis.
Also, one of the groups owned by Easton Investments, The SMSF Expert, posted this week a loss of three adviser roles while four other licensees (Affinia Financial Advisers, Axies Pty, Charter Financial Planning and Commonwealth Financial Planning) all lost two advisers.
Source: IFS Consulting
According to Williams, in general adviser losses definitely slowed over recent months and between the start of January, 2020 until today there was a net loss of -2,950 advisers of which more than 2,200 happened in the first half of 2020. ....

Colin Williams , Axies Pty , Adviser Services , Anz Banking Group , Investment Commission , Australian Securities , Financial Advisers Register , Easton Investments , Affinia Financial Advisers , Charter Financial Planning , Commonwealth Financial Planning , Hfs Consulting , கொலின் வில்லியம்ஸ் , அன்வருள் வங்கி குழு , முதலீடு தரகு , ஆஸ்திரேலிய பத்திரங்கள் , ஈஸ்டன் முதலீடுகள் , சாசனம் நிதி திட்டமிடல் , காமன்வெல்த் நிதி திட்டமிடல் , ஹ்ஃப்ஸ் ஆலோசனை ,

Mid-tier groups benefit as industry exodus continues

Mid-tier groups benefit as industry exodus continues
Mid-tier groups benefit as industry exodus continues
More than 70 advisers have already left the industry in the first few weeks of 2021, but a number of mid-tier dealer groups are still posting solid gains in their adviser footprints, according to new data from Adviser Ratings.
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The group’s latest statistics revealed 74 advisers had left the industry by 21 January, with almost half of these ceasing in the third week of January as the working year kicked into gear and practitioners returned from the summer break.
A further 12 advisers switched licensees in the week to 21 January, while six new practitioners joined the industry. ....

Western Australia , Sarah Kendell , Financial Services Partners , Alliance Wealth , Neo Financial Services , Advice Evolution , Lifespan Financial Planning , Centrepoint Alliance Owned , Commonwealth Financial Planning , Ord Minnett , மேற்கு ஆஸ்திரேலியா , சாரா கெண்டெல்ல் , நிதி சேவைகள் கூட்டாளர்கள் , கூட்டணி செல்வம் , நியோ நிதி சேவைகள் , ஆயுட்காலம் நிதி திட்டமிடல் , மைய புள்ளி கூட்டணி ஓஂட் , காமன்வெல்த் நிதி திட்டமிடல் ,