The IFA Dealer Group Survey, prepared by InvestorSupermarket, allows practices to see how their dealer group compares to its peers.
Professional Investment Services again topped the list with 1379 advisers, followed by AMP with 1231 advisers.
Movement in the top five has been sticky over the past four years, with Count Financial, Commonwealth Financial Planning and Westpac Financial Planning consistently rounding out the top five.
Australian Financial Services reported the biggest increase in number of advisers, up 58 to 186, in the six months to December 31, 2006. This was in stark contrast to AMP, which reported a net loss of 33 advisers to 1231.
In the platform space, Colonial First State FirstChoice was the platform used by the most dealer groups, while BT Wrap was the most used preferred platform. Lonsec was the most used research house, followed by van Eyk and Morningstar.
IFA and InvestorSupermarket would like to thank all the dealer groups that kindly participated in the December 2006 IFA Dealer Group Survey. This year a total of 121 dealer groups took part, and as a result we increased the listing from the top 50 to the top 100.
Did your dealer group participate in the survey? Contact us at [email protected] and we will add your details to the next survey. In return for completing the survey, all dealer groups get a free subscription to IFA for three months as well as a soft copy of the top 100 table.
Hanne Gravas
Research Analyst, InvestorSupermarket
