Latest Poll – Expanding the Team

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Do you intend to expand your adviser team in 2020? 

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Our latest poll asks if you intend to bring a new adviser into your business in 2020.

The Adviser Platform this week announced a new program to help advisers expand their businesses and bring new talent to the financial advice sector (see: TAP Announces Program…)

TAP Managing Director, Ryan Edwards, says the company envisages welcoming 40-50 new advisers into the industry over the course of 2020.

“The regulatory shift has provided a fantastic opportunity for well-run businesses who are confident in their systems and processes to expand and fill the gap left by the 10-20 percent of the market that is forecast to be downsizing or exiting the market,” he said.

In June, MBIE forecasted a drop in adviser numbers of 909 under the new regime (see: Licensing Fees Confirmed…).

Will you expand your team in 2020 and bring onboard more advisers? Let us know your opinion in the poll above and we’ll report back to you next week…