The latest adviser movements between licensees now sees AMP Group’s largest licensee, AMP Financial Planning, sharing the top spot for adviser numbers with Morgans Financial, according to Wealth Data’s analysis.
The research firm’s Colin Williams says both licensees now have 429 advisers.
Count is third at 345, followed closely by Alliance Wealth at 335 and Interprac at 323.
Williams adds that for licensee owners, AMP Group remains the largest at 809 advisers.
“This will change if the deal with Entireti goes through, currently listed as Fortnum on the ASIC FAR. If completed, Entireti would significantly lead with about 1,170 advisers.”
In his latest Financial Adviser Market Insights Williams says the current number of advisers sits at 15,496 with the net change in the calendar 2024 YTD seeing a drop of 129 advisers while the net change in the financial YTD is a rise of 153 advisers.
Top 10 Licensees and Licensee Owners– Ranked by Size
Synchron down to 254 advisers !!
Hmmmm!
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