{"id":65553,"date":"2023-04-30T10:47:39","date_gmt":"2023-04-29T23:47:39","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=65553"},"modified":"2024-10-30T08:41:00","modified_gmt":"2024-10-29T22:41:00","slug":"advice-professions-revival-showcased-report","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2023\/04\/30\/advice-professions-revival-showcased-report\/","title":{"rendered":"Advice Profession’s Revival Showcased – Report"},"content":{"rendered":"

The financial advice profession is finally experiencing renewal after years of setbacks, according to Adviser Ratings<\/a> latest Landscape Report<\/a>.<\/p>\n

The research firm says that for the first time in five years, the profession\u2019s numbers are stabilising, with just over 15,800 advisers now working in Australia.<\/p>\n

\u201cFor advisers and practices who have stayed the course, many have reported increases in revenue and profitability in the past 12 months,\u201d Adviser Ratings says.<\/p>\n

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Angus Woods …advisers who have invested in their business and profession are starting to reap the rewards…<\/figcaption><\/figure>\n

The company, which bills the report as Australia\u2019s most comprehensive snapshot of the wealth management industry, says the in-depth research also illustrates the perception of advice \u2013 and its importance in the current climate \u2013 is changing, with almost one-in-five Australians willing to pay up to $5,000 to see an adviser.<\/p>\n

Key findings:<\/p>\n