In Brief
In Brief – January
All the stats, quotes and charts that matter for wealth management professionals from the month of January.
Professional PlannerJanuary 24, 2020
Industry
Industry
Client numbers almost halved in a decade
A business health analysis looks at the drivers behind a reduction in the average number of clients a firm serves, which is down from 975 in 2009 to only 530 in 2019.
Terry BellJanuary 17, 2020
Industry
M&A state of play: Sellers motivated but buyers remain at bay
Contrary to the narrative that advice businesses are being sold off in record numbers, acquisition specialists say the ones on the market aren’t always what buyers are looking for.
Tahn SharpeJanuary 13, 2020
Industry
Adviser exodus stalls… for now
Despite roughly 4000 advisers leaving in 2019 and virtually no new entrants, the promise of an extended education deadline has temporarily slowed the stampede to exit the industry according to Adviser Ratings.
Tahn SharpeJanuary 9, 2020
Industry
Adviser levy blowout due to royal commission: ASIC
The $1,142 adviser levy is 26pc higher than the $907 estimated by ASIC in June, an increase the regulator attributes to higher enforcement costs and the Hayne royal commission.
Tahn SharpeJanuary 8, 2020
Industry
‘Woolly’ ethics guidance casts further doubt on referral fees
FASEA’s response to industry consultation – quietly released on December 20 – still leaves advisers wondering whether incentives to provide business referrals are banned or not.
Tahn SharpeJanuary 7, 2020
Industry
10 epic charts that define advice in 2019
From adviser migration to licensee satisfaction, BoJo and Trump to foxes and oxen, CoreData's Simon Hoyle paints a picture of 2019 in ten simple charts.
Simon HoyleDecember 18, 2019
Industry
Best of the year: Top 10 stories for 2019
It's been a tumultuous year in wealth management, with FASEA, ASIC, and the banking sector giving advisers plenty to absorb. Here are the topics that resonated with our readers in the year behind us.
Professional PlannerDecember 17, 2019