Current advisers numbers currently sit at just over 15,900, a 7.3% decrease for the calendar year to date and a 1.9% decrease for the financial year.
Wealth Data’s latest weekly analysis shows current adviser numbers sitting at 15,911 after starting the calendar year at 17,169 – a fall of 7.33%.
The firm’s Colin Williams says in his weekly report that it has been a quieter week with few highlights noting that the net loss of five advisers “..does again indicate that losses have slowed. The number of new provisional advisers was down after several strong weeks of gains.”
Key adviser movements:
- Net Change of advisers – down five
- 20 Licensee Owners had net gains for 35 advisers
- 22 Licensee Owners had net losses for 26 advisers
- Three new licensees commenced and two ceased
- Four provisional advisers commenced and two ceased
