The Australian financial advice industry is transforming. While overall adviser numbers fall, smaller and mid-sized AFSLs are growing, showing resilience post-Royal Commission and FASEA reforms. Large licensees struggle, while boutique groups and super fund-owned AFSLs thrive. Flexibility, culture, and focused fee structures are attracting advisers, signalling a shift towards a diverse, independent, and competitive advice landscape.

Starting Feb 2025, Facebook requires financial advertisers in Australia to verify AFSL status. Stay compliant—get verified now!

As the financial sector continues to evolve, ASIC is stepping up to meet the challenges posed by new technologies. In its recently...