The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.
The landscape of financial advisers in Australia continues to be dynamic with numbers showcasing a slight growth after a period of declines.
In the latest analysis by WealthData, Australia faced a modest net increase of 39 financial advisers this week, coming off the Financial Adviser Register (FAR).
Despite the recent uptick, the overall trend for the calendar year remains concerning. WealthData's principal, Colin Williams, highlighted that many advisers previously counted among the fiscal year's large exits have returned under new licenses. This movement has somewhat cushioned the overall number, bringing active financial adviser registrations to 15,469 as of now.
Interestingly, since the beginning of the financial year on July 1, there have been 41 new advisers registered, including the 21 additions from the past week. These recent figures indicate a potential reversal in the downtrend, though the calendar year's net loss of 148 advisers can't be overlooked.
Weekly Adviser Activity Overview
Net change of advisers: +39
Total number of active advisers: 15,469
Year-to-date net change for 2024: -148
This financial year's net change: +121
Net change for the last financial year (2023/24): -211
39 Licensee Owners achieved net gains amounting to 54 advisers
12 Licensee Owners faced net losses, losing 13 advisers
Two licensees commenced operations, while one ceased
21 new advisers entered the scene
Total advisery movements (appointments/resignations): 74 (down from last week's 246)
Licensee Owner Growth Highlights
Certain licensee owners experienced appreciable gains this week. Insignia Group stands out with a net increase of seven advisers; five being new entrants while the remaining two transitioned from Alliance Wealth and internal positions within Insignia.
AvalonFS showed a net increment of six advisers. However, it's noteworthy that all six had ceased operations toward the end of June but were reinstated in the beginning week of July.
Other notable movers include:
New licensee onboarding advisers from Advice Evolution
Pitcher Partners Brisbane: gained two new entrants
Philborne Pty Ltd (Dirigere Advisory): added one adviser each from Zebra Financial Services and Fortnum
Bell Financial: inducted two new advisers
Additionally, a broad spectrum of 33 other licensee owners saw a net growth of one adviser each, including firms like Fortnum, Centrepoint, and Capstone.
Licensee Owner Losses This Week
On the flip side, there have been notable declines within certain major licensee owners:
AMP Group saw a dip by two advisers; one new adviser joined from Godfrey Pembroke, but this gain could not offset three other advisers ceasing their affiliation (backdated to June).
A group of 11 licensee owners, including prominent names like Findex Group, Infocus, and Morgan Stanley, observed a net loss of one adviser each, including the one licensee that completely wound down.
The ever-evolving adviser landscape reflects the broader shifts and disruptions within the financial advisory sector in Australia. It will be crucial to monitor if trends reverse sustainably or if the industry continues to navigate these turbulent waters. (Source: WealthData)
Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.
Australian car buyers have a fresh reason to revisit their finance assumptions after the Reserve Bank of Australia lifted the cash rate target by 0.25 percentage points to 4.85% on 3 November 2026. The move follows September’s increase and confirms that vehicle finance decisions are being made in a tougher interest-rate environment than many households and small businesses faced earlier in the year. - read more
Australian car buyers are heading into the final months of 2026 with a tougher interest-rate backdrop after the Reserve Bank of Australia lifted the cash rate target by 0.25 percentage points, taking it to 4.60% from 30 September 2026. For households and small businesses weighing up a new vehicle, the decision is a reminder that the cost of finance can shift even when the advertised price of a car looks stable. - read more
Recent comparison-market updates suggest Australian car buyers are entering spring with more choice, but not necessarily a simpler decision. Some lenders continue to advertise sharp secured car loan rates, particularly for borrowers with strong credit profiles and newer vehicles. Yet the gap between an appealing headline rate and the amount a borrower actually pays over the life of the loan remains a major issue for households and small businesses planning their next vehicle purchase. - read more
The Australian Taxation Office’s tax-time focus on work-related car expenses is a timely reminder that buying a vehicle for business use is not only a dealership decision. For self-employed Australians, contractors and small business owners, the way a car is used, financed and documented can shape both cash flow and tax record keeping long after the keys are handed over. - read more
Green car loan discounts are becoming a more important part of the vehicle finance conversation as Australian buyers weigh up electric vehicles, plug-in hybrids and fuel-efficient models. Recent comparison market updates show that some lenders continue to position lower-emission vehicles as a preferred segment, with sharper advertised rates or tailored products for eligible cars. - read more
Australia's new-vehicle market is continuing to shift, with the latest industry sales updates pointing to stronger interest in hybrids and plug-in hybrids alongside ongoing demand for electric vehicles. For car loan shoppers, the change is not just about what sits in the driveway. It can influence purchase price, running costs, expected resale value and the way lenders assess the vehicle being financed. - read more
Australia’s vehicle market is showing signs of a more cautious buyer mood, with recent industry updates pointing to softer momentum after a strong run in new-car demand. For households and small businesses, that shift matters because it can change the balance of power at the dealership. When stock levels improve and buyers become more selective, driveaway offers, trade-in negotiations and model availability can all become more flexible. - read more
For many Australians, a car is more than just a means of transportation; it's a symbol of freedom, a tool for exploration, and often, a reflection of personal style. With the auto market continually evolving, staying abreast of current trends is key for car buyers looking to upgrade. New models with advanced technology, improved fuel efficiency, and enhanced safety features enter the market each year, making the prospect of upgrading increasingly appealing. - read more
Welcome to The Ultimate Guide to Fast Track Your Car Loan in Australia, designed to help you navigate the exciting journey of buying a car for the first time. Buying a car is a significant milestone, and securing the right finance can make all the difference. - read more
Your credit score can influence how lenders assess a car loan application, the interest rate you may be offered and the conditions attached to finance. This guide explains how credit scores work in Australia, how to check your credit report, what can affect your score and how to approach car loan options with clearer expectations. - read more
Buying a car involves more than the purchase price. Before you choose a vehicle or arrange finance, it helps to understand ownership costs, borrowing limits, loan terms, reliability, depreciation and the checks that matter before you commit. - read more
Buying your first car is an exciting milestone that can offer a sense of independence and freedom. Whether you're envisioning weekend getaways or a smoother daily commute, the joy of car ownership holds a special thrill. However, alongside this excitement, it is crucial to approach this journey with awareness and preparation to ensure you make a smart financial decision. - read more
Comparing car loan rates in Australia means looking beyond the advertised interest rate. This guide explains how interest rates, comparison rates, fees, loan terms, balloon payments and lender criteria can affect the total cost of car finance. - read more
Bond: A fixed-income investment in which an investor loans money to an entity that borrows the funds for a defined period at a variable or fixed interest rate.
No comments yet. Be the first to share your thoughts.