Latest Poll – Changing Licensees

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Are you considering changing licensees in the next 12 months?
  • No (36%)
  • Yes - leaving industry (29%)
  • Yes - changing licensee (26%)
  • Not sure (9%)

We’ve been reporting a lot of adviser movement in the last 12 months but we’re wondering whether most advisers have now arrived at their destination…

Our latest poll is asking you to share with us your future intentions. Is the huge movement between licensees coming to an end? Or is there much more to come, as some have predicted?

In January, we reported those who were saying the advice sector is changing shape – away from the domination of institutionally-owned firms and towards non-aligned and self licensed operations.

In related news this week, we’ve reported ASIC stats which indicate all of the top 15 licensees by number of advisers have experienced negative growth in the last few months (except Synchron: Synchron Bucks Trend…).

What’s your story? Are you one of the thousands of advisers who have found a new licensee home away from the institutions? Do you plan on making a move or another move in the next 12 months? Are you staying where you are? Or are you weighing-up whether you’re going to continue as an adviser…?

Let us know where you’re heading and we’ll report back next week…



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