Australia loses 700 advisers in just one quarter

Pedro Gonçalves
Australia loses 700 advisers in just one quarter

Australia has experienced an overall decline of almost 700 advisers around the country in Q3 2019, a contraction of almost 3%, according to a report. Having analysed data from the Australian Securities and Investments Commission and industry participants, research house Adviser Ratings found the industry lost 700 practitioners across the quarter, leaving a total size of 24,772 registered financial advisers. The report also showed that a significant number of advisers who ceased activiti...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?