Category: Financial Planning

Recruitment Market Snapshot

Recruitment Market Snapshot

May 2024 recruitment market snapshot, supply / demand and current salary levels. Recruitment Demand High for Client Service Managers (Administrators wit Xplan experience highly valued) High for Associate Advisers (in the main to free up Senior Advisers capacity for growth / support new business) PY Year applicants are also being sought Low for Senior Financial…

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The AFSL Market in Australia

The AFSL Market in Australia

AFSL’s and Licensing Choices for Financial Advice Practices The Australian Financial Services Licensee (AFSL) market is broader and more complex today than at any time in history. Gone are the days of large institutional Dealer Groups dominating the market with thousands of Financial Advisers as Authorised Representatives. The market is fragmented and diverse, in size,…

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Artificial Intelligence applications in Financial Planning

Artificial Intelligence applications in Financial Planning

How much impact will technology have in AFSL Services? As we conduct a review of the current AFSL market in Australia and track the pending changes in the evolution of the ‘Dealer Group’ AFSL model, a key consideration is the emergence and influence of Artificial Intelligence (AI). In this article we delve into where the…

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A brief history of the Financial Planning Industry and Dealer Groups in Australia

A brief history of the Financial Planning Industry and Dealer Groups in Australia

Back in the 1990’s the Financial Planning market was a fledgling industry seeking to carve out a space in the Investment, Superannuation and Insurance sectors. Some suggest the birth can be directly linked to the introduction of the Superannuation Guarantee (SG) in 1992. ‘Dealer Groups’ (now referred to as AFSL’s) were established by major Insurers…

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Recruit 2 Advice | Quarterly Newsletter

Recruit 2 Advice | Quarterly Newsletter

Here is our Quarterly Newsletter! We cover the latest industry trends, specifically addressing the supply problem in the Financial Planning Industry. We take a look at the long-term impact of QAR and how to combat the deterrents in the industry. Also included is a short-list of our pick of Advisers on the talent market at…

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Recruiting Talent for Australia’s Financial Advice Industry

Recruiting Talent for Australia’s Financial Advice Industry

Recruiting Talent for Australia’s Financial Advice Industry has become tricky as firms struggle to meet the growing demand for advisers. In 2021, employment in the financial services industry peaked at 490 500 employees and is predicted to increase to 518 800 by 2025 (Victoria University 2023). However, despite this growth in the industry, newcomers to…

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