'Tale of two halves' for advice industry showing signs of new growth
The industry's struggle to identify new talent is likely to continue, but the outflow of advisers has slowed considerably. And there are plans to source talent...
Surging appetite for episodic advice validates government's DBFO plan
The government's plan to offer more flexibility around simple and scoped advice dovetails well with the advice format consumers prefer, according to new...
Investor trust in financial advice building at home and abroad
Consumer trust isn't something to be taken for granted, but reports from the UK, US and here at home are all pointing towards an uplift in trust levels around...
Industry innovates on advice access models while Govt dithers on reform
The move from Viridian and CFS to provide personal advice in a scaled manner highlights a growing willingness within the industry to fix its own problems in...
FAAA resets strategic priorities for new advice era, with growth on the agenda
The merged association has added a new core driver to its strategic objectives for the next six years, with growing the profession now a top priority. But the...
Comprehensive advice demand surges in the US, average adviser manages $822M
The US advice system is the largest in the world, and the trend towards more comprehensive advice provision is a significant harbinger of a global shift...
What's in a name? Ask advisers, as they ponder an upgrade
The evolving nature of advisers’ client bases, and the work they do for different parts of those, is leading to title creep. But there is little in the way...
What is the real value of managed accounts in an advice practice?
Managed accounts may be just "one lever of many" that advisers can use to increase scalability in their practice, but the advantages they offer to both clients...
The advice business models that are growing in 2024
It's been a tale of two models in advice, with the accountants that provide holistic advice services going one direction and those that provide SMSF advice...
Asset managers courting advisers with free consulting services
Over half of asset managers in the US offer "business consulting resources" to the growing registered investment adviser cohort. Whether advisers actually want...
Adviser numbers begin long, slow climb north again
There's a pattern to the way adviser numbers oscillate around the end of the financial year, but there's nothing common about the movement in the licensee...