The 3 licensees shining through amid adviser losses; The difficulty of monitoring crypto assets

Looking at which licensees are seeing the fastest growth over the six months, Wealth Data says there are three firms that stand out amid falling numbers.

ASIC now has a 1:1 ratio when it comes to court success in the enforcement of crypto activities and more action is expected as Treasury seeks to introduce a regulatory framework.

FinClearOne part of the FinClear Group, provides market leading cash and currency management solutions for advisers and their clients.

Up to three-quarters of financial advisers could be using managed accounts in the coming years, according to the latest Investment Trends/SPDR research.

ASIC has issued its first update since the completion of the internal dispute resolution reporting, sharing the percentage of first-time reports that were submitted on time.

Following the sale of its platform business to Praemium earlier this year, Iress has made a second disposal as it moves to streamline operations.

ASIC has cancelled the AFSL of Sydney-based wealth manager, the third Sydney firm to face this action since the start of the year.

Retaining new entrants in the advice industry as they complete their Professional Year is a key focus for advice firms in 2024, with younger generations increasingly valuing workplace culture more than ever.