Adviser numbers – movement without real growth | Australian Markets

The latest information derived from the Financial Adviser Register continues to bolster that adviser numbers have stabilised at a little over 15,500.

According to evaluation from WealthKnowledge’s Colin Williams churn between licensees remained the dominant issue within the occupation in circumstances the place 48 advisers modified standing on the FAR however there have been solely 4 new entrants.

Key Adviser Movements For This Period

• Net change of advisers +1
• Current quantity of advisers at 15,601
• Net Change Calendar 2025 YTD +124
• Net Change Financial YTD +257
• 19 Licensee Owners had web good points of 23 advisers
• 19 Licensee Owners had web losses for (-22) advisers
• Two new licensees and none ceased
• Four new entrants
• Number of advisers lively on this period, appointed / resigned: 48.

Growth – Licensee Owners
Three licensee house owners up by two advisers every:

• A new licensee commenced with three advisers as a follow moved away from Akumin, owned by Entireti & Akumin Group.
• Perpetual up by two with each advisers shifting from Ord Minnett Group
• Partners Wealth Group additionally up by two, one coming back onto the ASIC FAR after a number of years break and one from Crestone Wealth Management.
• 16 licensees house owners up by plus one together with WT Financial Group, Capstone and Spark Financial Group.

Losses – Licensee Owners

• Entireti & Akumin Group down by three, after shedding three advisers to the new licensee as talked about above, one other adviser additionally beginning their own licensee, one to Expert Wealth. They gained two advisers, one coming back to advice after a two-year break from advice and one from Lifespan.
• Rhombus Advisory down by two, each but to be appointed elsewhere.
• A tail of 17 licensee house owners down by web one every together with Count Limited, Insignia Group and Morgans.