Articles and Media

Why are Advisers Holding off Selling up?


“There is expected to be an increase in merger activity in the adviser businesses within the sub-$500,000 revenue sector.”

“In a report on the adviser landscape, Forte said there was high demand from sellers but low volumes of advisers looking to sell up, despite the reported adviser exodus which had seen adviser numbers fall below 17,000.

There was also a reluctance to grow the business, not helped by advisers’ mental health struggles, and those businesses which were in the mindset to grow their businesses were Gen-X owners who were willing to invest in technology and simplify processes.”



Author: Laura Dew