Fewer than 5000 will use experienced pathway | Australian Markets

Just beneath a third of financial advisers are desiring to use the experienced pathway bit there exists confusion amongst some about whether or not they’re really certified to take action.

New evaluation by WealthInformation of not too long ago launched datasets on the Financial Adviser Register (FAR) has revealed the extent of confusion which seems to exist on the half of some advisers whereas, on the similar time, confirming, the worth of the pathway to others.

WealthInformation principal, Colin Williams factors out that to qualify for the experienced pathway advisers should have began within the occupation earlier than 31 December, 2011, and that amongst these falling into that class the next has emerged:

• 4,493 mentioned yes to utilizing EP
• 1,944 mentioned no
• 2,590 haven’t said their intention

“Additionally, 218 advisers who started after 2012 claimed they will use EP, which indicates that ASIC data could be incorrect or advisers have made some errors or a bit of both,” Williams mentioned.

He famous that 47 advisers mentioned they might use EP however missed the deadline for passing the Financial Adviser Exam of October 2022 as a way to qualify for the EP.

Key Adviser Movements For This Period

• Net change of advisers +15
• Current quantity of advisers 15,410
• Net Change Calendar 2025 YTD (-64)
• Net Change Financial YTD (2025/26) +232
• 28 Licensee Owners had web good points of 33 advisers
• 14 Licensee Owners had web losses for (-17) advisers
• 1 new licensee and none ceased
• 16 new entrants
• Number of advisers energetic on this period, appointed / resigned: 58.

Growth – Licensee Owners

• Five licensee homeowners up by web two:
  • Sshhut Holding Pty Ltd each being new entrants
  • Ord Minnett Group, one new entrant and one adviser who was beforehand at Perpetual
  • New Licensee, each adviser nonetheless authorised at what seems to be an related licensee
  • Endevavor Asset Management, each being new entrants
  • Count Limited, hiring 4 advisers and dropping two. Count Financial appointed one new entrant and one adviser returning to Count, and dropping one adviser who’s but to be appointed elsewhere. GPS Wealth employed two advisers from Aware Super and misplaced one adviser to Financial Design Group.
• A tail of 23 licensees up by web one together with WT Financial Group, Spark Partnership and rhombus.

Losses – Licensee Owners

• Three licensee homeowners down by web two every:
  • Morgans Group, one adviser switching to Lionsgate and the opposite is but to be appointed elsewhere.
  • Sequoia with one adviser switching to Trend Investor Services and the opposite who commenced his one licensee a couple of weeks back.
  • Mancell Family Trust (FYG Planners), one switching to Insight Investment Services and the opposite but to be appointed elsewhere.
• A short tail of 11 down by web one every together with Insignia, Shaw and Partners and Entireti & Akumin Group.