Industry Insights

Australian financial advice industry statistics. Data sourced from ASIC registers, updated monthly. Figures cover AFS Licensees with at least one financial adviser listed on the ASIC Financial Advisers Register.Latest snapshot: August 2026

1,868

-0.6% vs 12 months ago

53%

7,866 advisers

302

Authorised for managed discretionary accounts

53

Granted 2026 · authorising ≥1 adviser

14,672

-1.9% vs 12 months ago

Financial Advisers

Advisers on the ASIC register

1New entrant degree requirement2Exam deadline3Education deadline for all

Advice Licensees

AFSLs authorising at least one financial adviser

Provisional Financial Advisers

Provisional Financial Adviser (the professional-year cohort)

Largest Advice Groups

AFS Licensees rolled up to their owner (current advisers, distinct headcount). Hover a bar to see the member brands.

Group ownership classified by LicenseeFinder from ASIC control data; updated as corporate deals complete.

Licensees by Number of Advisers

How many AFS Licensees fall into each band, by financial advisers authorised under the licence

Experience Profile of Current Advisers

Year each currently-registered adviser first provided financial advice — the ageing-adviser / thin-pipeline picture.

Advisers by State

Current financial advisers, home state of record.

Authorisation Coverage

Number of current advisers authorised for each product class.

Largest Licensees by Adviser Headcount

Individual AFS licences (not grouped by owner) — top 15 by current advisers.

Professional Memberships

Bodies most cited by current advisers on the register.

New AFS Licences Granted

AFSLs authorising at least one financial adviser, by year the licence was granted

Source: ASIC AFS Licensee Register & Financial Adviser Register. Updated automatically regularly.