{"id":72701,"date":"2024-08-06T15:17:15","date_gmt":"2024-08-06T05:17:15","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=72701"},"modified":"2024-08-06T15:33:36","modified_gmt":"2024-08-06T05:33:36","slug":"green-shoots-in-adviser-numbers-in-new-financial-year","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2024\/08\/06\/green-shoots-in-adviser-numbers-in-new-financial-year\/","title":{"rendered":"Green Shoots in Adviser Numbers in New Financial Year"},"content":{"rendered":"

While the new financial year is showing some hopeful green shoots around adviser numbers, the net change for the 2024 calendar year is looking less rosy, going by Wealth Data\u2019s latest statistics.<\/p>\n

In key adviser movements, the firm\u2019s Colin Williams<\/strong> points to the net change in the new 2024-25 financial year to date seeing a gain of 148 advisers. However in the 2024 calendar year to date adviser numbers are down by 128.<\/p>\n

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

Williams also points to the net change in the last financial year 2023-24 which saw a loss of 217 advisers.<\/p>\n

The current number of advisers stands at 15,492 and the past week has seen a net change of the loss of one adviser, the first decrease of the new financial year.<\/p>\n

In his weekly Financial Adviser Market Insights<\/em> Williams<\/strong> says the net loss for the week was driven by one firm having its AFSL cancelled by ASIC<\/a> – United Global Capital, which is in administration. This led to the loss of nine advisers.<\/p>\n

The past week also saw three new licensees commence and four cease. There were 17 new entrants.<\/p>\n

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

While the new financial year is showing some hopeful green shoots around adviser numbers, the net change for the 2024 calendar year is looking less rosy, going by Wealth Data\u2019s latest statistics. In key adviser movements, the firm\u2019s Colin Williams points to the net change in the new 2024-25 financial year to date seeing a […]<\/p>\n","protected":false},"author":24,"featured_media":72710,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-72701","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\/72701","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=72701"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/72701\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/72710"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=72701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=72701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=72701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}