Entireti, Akumin top advice licensee table

The latest data revealing the top 10 financial advice licensee owners reflects the degree to which adviser numbers have stabilised but, at the same time, how industry events such as the Shield and First Guardian fund collapses are having an impact.

The data collated by Padua’s WealthData confirms the continuing dominance of the former AMP licenses in the shape of Entireti and Akumin but it also reveals continuing losses on the part of Sequoia.

WealthData principal, Colin Williams confirmed that there are now more advisers overall than a year ago, with a net increase of 289 this financial year, up from 160 over the same period a year ago.

Importantly, most of the growth has occurred in the second half of the calendar year.

Key Adviser Movements for This Period

• Net change of advisers +1
• Current number of advisers 15,461
• Net Change Calendar 2025 YTD (-12)
• Net Change Financial YTD (2025/26) +289
• 20 Licensee Owners had net gains of 27 advisers
• 18 Licensee Owners had net losses for (-26) advisers
• Zero new licensees and two ceased
• 6 new entrants
• Number of advisers active in this period, appointed / resigned: 55.

Growth – Licensee Owners

• Centrepoint group up by five, with four advisers moving across from Akumin Financial Planning and one from Euroz Hartley. This jump in advisers puts Centrepoint at 584 advisers, still in third spot and just 11 advisers behind Count Limited in second position with 595 advisers (see more below)
• Bombora Advice up by three, all three from Wealth Architects Life Pty Ltd, owned by Envest Fin Co
• WT Financial Group up by two, one new entrants and one coming back into advice after a break of 12 months
• 17 licensee owners up by net one each, including Spark Partnership Group, Rhombus and Phillip Alexander.

Losses – Licensee Owners

• Envest Fin Co down by four and down to zero advisers, As noted above, three have joined Bombora Advice and one is not showing as being appointed elsewhere
• ASVW Holdings down by three and none showing as being appointed elsewhere
• Viridian Group also down by three, one adviser switching to PGW Financial Services and the other two are yet to be appointed elsewhere
• Entireiti and Akumin Group down by two after appointing three advisers, that includes two new entrants and losing five advisers, as highlighted above, four joining Alliance Wealth and one not showing as being appointed elsewhere
• Only 14 licensee owners down by one, including Count Limited, Lifespan and Sequoia Group.