{"id":72881,"date":"2024-08-16T09:07:33","date_gmt":"2024-08-15T23:07:33","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=72881"},"modified":"2024-08-27T10:41:10","modified_gmt":"2024-08-27T00:41:10","slug":"vast-majority-of-licensees-privately-owned","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2024\/08\/16\/vast-majority-of-licensees-privately-owned\/","title":{"rendered":"Vast Majority of Licensees Privately Owned"},"content":{"rendered":"<p>A total of 90% of licensees are now listed as privately owned, says <a href=\"https:\/\/www.adviserratings.com.au\/\" target=\"_blank\" rel=\"noopener\">Adviser Ratings<\/a>&#8216; latest <em>Adviser Musical Chairs Report<\/em>.<\/p>\n<p>The research firm&#8217;s report for Q2 2024 includes data showing current licensee distribution by segment which points to privately-owned licensees with one to 10 advisers now totalling 1,525 to make up 81.9 percent of licensees.<\/p>\n<p>There are also 133 privately-owned licensees with 11-100 advisers, making up 7.1% of the total and 15 privately-owned licensees with 100+ advisers accounting for another 0.8% of the market.<\/p>\n<figure id=\"attachment_72882\" aria-describedby=\"caption-attachment-72882\" style=\"width: 366px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/riskinfo.com.au\/news\/files\/2024\/08\/adviser-ratings-licensees.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-72882\" src=\"https:\/\/riskinfo.com.au\/news\/files\/2024\/08\/adviser-ratings-licensees.jpg\" alt=\"\" width=\"366\" height=\"600\" srcset=\"https:\/\/riskinfo.com.au\/news\/files\/2024\/08\/adviser-ratings-licensees.jpg 366w, https:\/\/riskinfo.com.au\/news\/files\/2024\/08\/adviser-ratings-licensees-183x300.jpg 183w, https:\/\/riskinfo.com.au\/news\/files\/2024\/08\/adviser-ratings-licensees-256x420.jpg 256w\" sizes=\"auto, (max-width: 366px) 100vw, 366px\" \/><\/a><figcaption id=\"caption-attachment-72882\" class=\"wp-caption-text\">Courtesy of Adviser Ratings.<\/figcaption><\/figure>\n<p>As to the number of advisers in each segment, further Adviser Ratings data shows:<\/p>\n<ul>\n<li>4,207 advisers in the privately-owned (1-10) segment<\/li>\n<li>3,242 advisers in the privately-owned (11-100) segment<\/li>\n<li>3,047 advisers in the privately-owned (100+) segment<\/li>\n<\/ul>\n<p>The next biggest is the diversified segment with\u00a0 2,155 advisers.<\/p>\n<figure id=\"attachment_72883\" aria-describedby=\"caption-attachment-72883\" style=\"width: 727px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/riskinfo.com.au\/news\/files\/2024\/08\/adviser-ratings-2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-72883\" src=\"https:\/\/riskinfo.com.au\/news\/files\/2024\/08\/adviser-ratings-2.jpg\" alt=\"\" width=\"727\" height=\"577\" srcset=\"https:\/\/riskinfo.com.au\/news\/files\/2024\/08\/adviser-ratings-2.jpg 727w, https:\/\/riskinfo.com.au\/news\/files\/2024\/08\/adviser-ratings-2-300x238.jpg 300w, https:\/\/riskinfo.com.au\/news\/files\/2024\/08\/adviser-ratings-2-696x552.jpg 696w, https:\/\/riskinfo.com.au\/news\/files\/2024\/08\/adviser-ratings-2-529x420.jpg 529w\" sizes=\"auto, (max-width: 727px) 100vw, 727px\" \/><\/a><figcaption id=\"caption-attachment-72883\" class=\"wp-caption-text\">Courtesy of Adviser Ratings<\/figcaption><\/figure>\n<p>Adviser Ratings&#8217; other key findings for Q2 2024\u00a0 includes:<\/p>\n<ul>\n<li>A 1% quarterly decline in the adviser population<\/li>\n<li>95 advisers joined the profession in Q2<\/li>\n<li>74% was the proportion of ceased licensees which had been operating for six years or more<\/li>\n<li>2.9% was the percentage of advisers who switched licensee in Q2<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>A total of 90% of licensees are now listed as privately owned, says Adviser Ratings&#8216; latest Adviser Musical Chairs Report. The research firm&#8217;s report for Q2 2024 includes data showing current licensee distribution by segment which points to privately-owned licensees with one to 10 advisers now totalling 1,525 to make up 81.9 percent of licensees. [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":72896,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-72881","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\/72881","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=72881"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/72881\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/72896"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=72881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=72881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=72881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}