{"id":68675,"date":"2023-11-17T09:07:47","date_gmt":"2023-11-16T23:07:47","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=68675"},"modified":"2023-11-22T05:57:22","modified_gmt":"2023-11-21T19:57:22","slug":"welcome-jump-in-adviser-numbers","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2023\/11\/17\/welcome-jump-in-adviser-numbers\/","title":{"rendered":"‘Welcome Jump\u2019 in Adviser Numbers"},"content":{"rendered":"

There has been a \u201cwelcome jump\u201d in the number of financial advisers in the past week driven by another solid week of new entrants and a drop in the number of ceased advisers, according to Wealth Data<\/a>.<\/p>\n

The research firm\u2019s Colin Williams<\/strong> points to adviser numbers being up by a net 18 in the latest week, boosted by nine new entrants and a low number of ceased advisers.<\/p>\n

\"\"<\/a>
Colin Williams.<\/figcaption><\/figure>\n

Williams says the total number of advisers currently sits at 15,700 a net change of 99 fewer advisers for the calendar year to date, and a lift of 140 advisers in the financial year to date.<\/p>\n

This reinforces our earlier reporting that adviser numbers appear to be close to plateauing in the 2023 calendar year (see: Adviser Numbers Steady?<\/a>).<\/p>\n

Wealth Data’s latest chart on financial adviser movements also shows that in the 2023 year to date, the drop of 99 advisers (down 0.63%) compares with a loss of 1,309 advisers in the prior calendar year, a fall of 7.62%.<\/p>\n

It also shows that so far this year 104 new licensees have opened (plus 127 in the prior period) while 51 licensees have ceased compared with a loss of 344 in the 2022 calendar year.<\/p>\n

\"\"<\/a>
Source: Wealth Data.<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

There has been a \u201cwelcome jump\u201d in the number of financial advisers in the past week driven by another solid week of new entrants and a drop in the number of ceased advisers, according to Wealth Data. The research firm\u2019s Colin Williams points to adviser numbers being up by a net 18 in the latest […]<\/p>\n","protected":false},"author":24,"featured_media":68680,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":{"0":"post-68675","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-general"},"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/68675","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=68675"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/68675\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/68680"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=68675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=68675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=68675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}