Adviser exam graduates boost FAR numbers | Australian Markets

Numbers on the Financial Adviser Register have been boosted to the tune of 24 new advisers as a end result of the latest financial adviser exam, in response to the latest evaluation from WealthKnowledge.

The exam-generated uptick noticed adviser numbers grow back to fifteen,600 this week, after having been comparatively moribund over the previous month.

WealthKnowledge principal, Colin Williams famous that a complete of 177 candidates had handed the latest exam which was down from the 225 who handed the November 2024 sitting.

He additionally famous the growing quantity of people who’ve handed the exam however aren’t training, with 20,237 people having handed however solely 15,552 actively training, leaving a hole of 4,685 people in comparison with 3,955 in March, final yr.

Key Adviser Movements For This Period

• Net change of advisers +24
• Current quantity of advisers at 15,600
• Net Change Calendar 2025 YTD +124
• Net Change Financial YTD +257
• 40 Licensee Owners had internet positive factors of 47 advisers
• 17 Licensee Owners had internet losses for (-27) advisers
• Zero new licensees and two ceased
• 21 New entrants
• Number of advisers energetic on this period, appointed / resigned: 96.

Growth – Licensee Owners

• Together Trustees, up by three advisers, one new entrant and choosing up one adviser every from Interprac owned by Sequoia and Akumin Financial Planning previously often known as AMP Financial Planning.
• Entireti & Akumin Group additionally up by internet three advisers. A busy week with a lot of motion together with; Picked up one new entrant and in addition an adviser coming back after a break of a number of years. Also picked up three advisers from RI Advice owned by Rhombus.
• Three licensee homeowners up by internet two:
  • Templestone choosing up one adviser every from Viridian and Bridges, owned by Insignia
  • Rhombus choosing up three advisers, one every from Interprac and Capstone and one other coming back after a break of a number of months, and dropping one adviser who’s but to be appointed elsewhere.
  • PSK Group with two advisers who’re nonetheless presently authorised with Charter Financial Planning, owned by Entireti & Akumin Group.
• A really long tail of 33 licensee homeowners up by internet one together with Shaw and Partners, Sequoia and Findex.

Losses – Licensee Owners

• Viola Group down by seven. All advisers are at Pitcher Partners Sydney Private Wealth. The advisers have been authorised at Pitcher Partners back in February this yr.
• Count Limited down by three advisers, appointing one new entrant and dropping 4 advisers. Of the 4 advisers leaving, just one has been appointed at Advice Evolution, the opposite three but to be appointed.
• Capstone down by two, one becoming a member of RI Advice of Rhombus and one but to be appointed elsewhere
• A small licensee Grow Your Wealth additionally down by two and transferring to zero advisers. Both advisers haven’t been appointed elsewhere.
• A tail of 13 licensee homeowners down by internet one every together with; Insignia, Canaccord Group and AIA Company.