- 12,000 (22%)
- Below 10,000 (20%)
- 14,000 (15%)
- 13,000 (14%)
- 15,000 (8%)
- 10,000 (7%)
- Adviser numbers have already reached their low point (7%)
- 11,000 (6%)
Many of those voting in our latest poll think there’s a long way to go before adviser numbers in Australia hit rock bottom and commence their upward trajectory.
This is one of the messages stemming from the results of our latest poll, in which the most popular option (22%) was that adviser numbers would fall to as low as 12,000 from the current number of around 15,800 before rebounding.
The next most popular response (18%) was more pessimistic, thinking numbers will plummet to below 10,000 before turning around.
In a mixed result, however, 8% think numbers have already reached their low point, and another 31% think they will only fall slightly from this point to around 13,000 or 14,000.
Whatever your view, there is clearly a huge issue to confront in finding a way for the sector – Government, regulators, institutions, associations, dealer groups, advice businesses and other stakeholders serving the advice profession – to come together to facilitate a workable pathway for thousands more new advisers to enter the market in order to accommodate the needs of the hundreds of thousands of Australians struggling to find the right person to assist them with shaping their financial journey and that of their family and business associates.
Our poll remains open for another week and we welcome your thoughts…
