More new entrants bolster adviser numbers

Mike Taylor

Managing Editor and Publisher

17 July 2026

Numbers on the Financial Adviser Register (FAR) have continued to grow after the flurry of exits that marked the end of the financial year.

According to the latest analysis from Padua’s WealthData there was a net gain of 27 advisers on the FAR this week, following the addition of 39 last week with WealthData principal, Colin Wlliams, noting the contribution made by 21 new entrants after passing the latest adviser exam.

Key Adviser Movements for the Week

• 15,050 current advisers
• Net change of advisers: +27
• New Entrants: 21
• New licensees commenced: 3
• Licensees reduced to zero advisers: 0
• 43 licensee owners had net gains
• 17 licensee owners had net losses
• Net Change Calendar 2026 YTD: (-5)
• Net Change Financial Year 2026/27 YTD: +156
• Net change last 12 months: (-283)

Growth – Licensee Owners

• ASVW Holdings up by three, the week’s largest single gain. All from RDC Advisors Pty Ltd
• Four licensee owners up by two:
  • Australian Financial Planning Group with one from CPW Advisory Pty and the other currently still showing as being authorised at Praescius Financial Holdings
  • AD Financial Services – both advisers returning to the same licensee after a break of several months
  • Findex Group with one new entrant and one advisers coming across from Industry Fund Services
  • Phillip Alexander (Gill and Co), both advisers moving across from InterPrac. Gill and Co now at 33 advisers and extending the strongest run of the past year.
• A broad tail of licensee owners up by net one each including Bell Financial Group, Centrepoint Group and Beryllium Advisers reflecting the wide spread of this week’s new entrants across the market.
• Three new licensees commenced during the week, each a single adviser AFSL.

Losses – Licensee Owners

• Sequoia Group down by two, with both departing advisers moving to Gill and Co Advisory (see Growth).
• ART Group Services and Clime Investment Management each down by two, with none of the departing advisers yet reappointed.
• A tail of just 14 licensee owners down by one including Count Limited down by one (not yet reappointed), and Entireti & Akumin Group down by one on net, one of its departures leaving to establish one of the week’s new licensees