{"id":69292,"date":"2023-12-22T12:02:34","date_gmt":"2023-12-22T02:02:34","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=69292"},"modified":"2024-01-10T06:05:14","modified_gmt":"2024-01-09T20:05:14","slug":"new-entrants-top-380-for-2023-calendar-year","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2023\/12\/22\/new-entrants-top-380-for-2023-calendar-year\/","title":{"rendered":"New Entrants Top 380 for 2023 Calendar Year"},"content":{"rendered":"<p>Of the more than 380 new entrants to the financial advice profession in the current calendar year, the financial planning cohort snapped up just under 70%, according to <a href=\"https:\/\/wealthdata.com.au\" target=\"_blank\" rel=\"noopener\">Wealth Data.<br \/>\n<\/a><\/p>\n<p>In his final <em>Financial Adviser Insights<\/em> for the year, the research firm\u2019s <strong>Colin Williams<\/strong> highlights that there are a total of 383 new entrants for 2023 that are current on the ASIC FAR.<\/p>\n<figure id=\"attachment_57476\" aria-describedby=\"caption-attachment-57476\" style=\"width: 150px\" class=\"wp-caption alignright\"><a href=\"https:\/\/riskinfo.com.au\/news\/files\/2021\/09\/Colin-Williams.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-57476\" src=\"https:\/\/riskinfo.com.au\/news\/files\/2021\/09\/Colin-Williams.jpg\" alt=\"\" width=\"150\" height=\"180\" \/><\/a><figcaption id=\"caption-attachment-57476\" class=\"wp-caption-text\">Colin Williams.<\/figcaption><\/figure>\n<p>He says the financial planning peer group hired 266 of these new entrants, which is 2.55% of the 10,436 current advisers in that group.<\/p>\n<p>Williams notes too that the Accounting \u2013 Financial Planning group hired 40, or 4.44% of its 900 advisers.<\/p>\n<p>And the The Super Fund peer group hired 11 which is 1.54% of its 716 advisers.<\/p>\n<p>Williams says the total number of advisers stood at 15,667 as at December 21, 2023 while the net change was a loss of 131 advisers for the 2023 calendar year to date.<\/p>\n<p>He says this was \u201c\u2026overall very stable compared to the same period last year which was more than 10 times greater &#8211; at minus 1,335.&#8221;<\/p>\n<figure id=\"attachment_69293\" aria-describedby=\"caption-attachment-69293\" style=\"width: 1295px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/riskinfo.com.au\/news\/files\/2023\/12\/wealth-data-dec-21-Screenshot-2023-12-22-141435-e1703209238179.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-69293\" src=\"https:\/\/riskinfo.com.au\/news\/files\/2023\/12\/wealth-data-dec-21-Screenshot-2023-12-22-141435-e1703209238179.png\" alt=\"\" width=\"1295\" height=\"383\" srcset=\"https:\/\/riskinfo.com.au\/news\/files\/2023\/12\/wealth-data-dec-21-Screenshot-2023-12-22-141435-e1703209238179.png 1295w, https:\/\/riskinfo.com.au\/news\/files\/2023\/12\/wealth-data-dec-21-Screenshot-2023-12-22-141435-e1703209238179-300x89.png 300w, https:\/\/riskinfo.com.au\/news\/files\/2023\/12\/wealth-data-dec-21-Screenshot-2023-12-22-141435-e1703209238179-1024x303.png 1024w, https:\/\/riskinfo.com.au\/news\/files\/2023\/12\/wealth-data-dec-21-Screenshot-2023-12-22-141435-e1703209238179-768x227.png 768w, https:\/\/riskinfo.com.au\/news\/files\/2023\/12\/wealth-data-dec-21-Screenshot-2023-12-22-141435-e1703209238179-696x206.png 696w, https:\/\/riskinfo.com.au\/news\/files\/2023\/12\/wealth-data-dec-21-Screenshot-2023-12-22-141435-e1703209238179-1068x316.png 1068w\" sizes=\"auto, (max-width: 1295px) 100vw, 1295px\" \/><\/a><figcaption id=\"caption-attachment-69293\" class=\"wp-caption-text\">Courtesy of Wealth Data.<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Of the more than 380 new entrants to the financial advice profession in the current calendar year, the financial planning cohort snapped up just under 70%, according to Wealth Data. In his final Financial Adviser Insights for the year, the research firm\u2019s Colin Williams highlights that there are a total of 383 new entrants for [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":69297,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-69292","post","type-post","status-publish","format-standard","has-post-thumbnail","category-general"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/69292","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=69292"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/69292\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/69297"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=69292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=69292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=69292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}