Financial adviser numbers bear double-digit drop; ASIC’s action against advice misconduct in 1H24

The advice profession lost 15 advisers over the past week, according to Wealth Data, partly due to a lower number of new entrants and advisers transitioning between licensees.

The regulator says it secured $32.2 million in civil penalties and nine criminal convictions in the six months to 30 June.

Will generative AI surpass human creativity in a decade? How will our smartphones revolutionise daily life by 2035? What devices will become essential in classrooms and homes?

Money Management examines how the experienced provider pathway has impacted the advice industry, one year since it was passed on 6 September 2023.

The emerging wealth technology platform has appointed Michael Csavas, former acting Count CEO, to drive growth and target financial advisers and accountants.

A disciplined valuation approach includes a strong selling strategy. We outline five attributes to consider when building an exit strategy.

A judge has frozen the assets of former Keystone director Paul Chiodo’s company and ruled in ASIC’s favour that administrators can be appointed to wind up the firm.

With business owners very rarely planning their exit from the advice practice in advance, three experts underscore why succession planning is critical for long-term success.