{"id":67117,"date":"2023-08-08T15:37:34","date_gmt":"2023-08-08T04:37:34","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=67117"},"modified":"2024-10-30T08:39:56","modified_gmt":"2024-10-29T22:39:56","slug":"outlook-for-profession-never-been-stronger","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2023\/08\/08\/outlook-for-profession-never-been-stronger\/","title":{"rendered":"Outlook for Profession \u2018Never Been Stronger&#8217;"},"content":{"rendered":"<p>The CEO of one of Australia\u2019s largest financial adviser networks is highlighting the positive outlook for advice practices and licensees in Australia, saying the outlook for the profession has never been stronger.<\/p>\n<figure id=\"attachment_67121\" aria-describedby=\"caption-attachment-67121\" style=\"width: 151px\" class=\"wp-caption alignright\"><a href=\"https:\/\/riskinfo.com.au\/news\/files\/2023\/08\/Keith-Cullen-e1691467987394.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-67121\" src=\"https:\/\/riskinfo.com.au\/news\/files\/2023\/08\/Keith-Cullen-e1691467987394-250x300.jpg\" alt=\"\" width=\"151\" height=\"181\" srcset=\"https:\/\/riskinfo.com.au\/news\/files\/2023\/08\/Keith-Cullen-e1691467987394-250x300.jpg 250w, https:\/\/riskinfo.com.au\/news\/files\/2023\/08\/Keith-Cullen-e1691467987394.jpg 283w\" sizes=\"auto, (max-width: 151px) 100vw, 151px\" \/><\/a><figcaption id=\"caption-attachment-67121\" class=\"wp-caption-text\">Keith Cullen &#8230;the outlook for our profession has never been stronger for those who embrace the modernisation of the profession<\/figcaption><\/figure>\n<p>In releasing WT Financial Group\u2019s indicative results for the 2023 financial year, CEO <strong>Keith Cullen<\/strong> says that demand for &#8220;&#8230;quality financial and personal risk insurance advice continues to grow as millions more Australians plan for and reach retirement \u2013 at a time when adviser supply has been reduced and barriers-to-entry set high &#8211; and net superannuation assets are growing at an incredible $2 billion each week.\u201d<\/p>\n<p>He added that the \u201c\u2026outlook for our profession has never been stronger for those who embrace the modernisation of the profession, and we believe that outlook has been boosted thanks to the positive manner with which the Government is approaching important reforms aimed at opening up accessibility of advice to more Australians.&#8221;<\/p>\n<p>Cullen says in the ASX announcement that at a time &#8220;&#8230;when others have turned their backs on wealth advice and personal risk insurance advice we have recognised the incredible importance of the profession in supporting Australian families. We will continue to drive paradigm shifts in the licensee-adviser relationship to improve outcomes for practitioners, their clients, and our shareholders.\u201d<\/p>\n<p>In July 2021 WT Financial acquired Sentry Group followed by the acquisition of Synchron Advice in March 2022.<\/p>\n<p>Cullen notes that the firm&#8217;s &#8220;&#8230;strategic acquisitions &#8211; the methodical rationalisation of our network and operations &#8211; and restructuring of legacy processes and paradigms &#8211; to place advice, and our advisers and their clients, at the centre of our relationship with the practices we support, are delivering results.&#8221;<\/p>\n<p><a href=\"https:\/\/www.wtfglimited.com\/investors\/asx-announcements\/\" target=\"_blank\" rel=\"noopener\">Click here<\/a> to see the full ASX announcement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CEO of one of Australia\u2019s largest financial adviser networks is highlighting the positive outlook for advice practices and licensees in Australia, saying the outlook for the profession has never been stronger. In releasing WT Financial Group\u2019s indicative results for the 2023 financial year, CEO Keith Cullen says that demand for &#8220;&#8230;quality financial and personal [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":67124,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,3],"tags":[],"class_list":["post-67117","post","type-post","status-publish","format-standard","has-post-thumbnail","category-dealer-groups","category-general"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/67117","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=67117"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/67117\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/67124"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=67117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=67117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=67117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}