Post by DASH

DASH CEO Andrew Whelan joined ausbiz to discuss the emerging shape of the Australian financial advice profession. After years of regulatory reform and a near 50% decline in adviser numbers, the industry is beginning to stabilise with research showing adviser numbers are starting to recover, but the profession that is re-emerging is more sophisticated, with higher education standards and more structured entry pathways. At the same time, demand for advice continues to far exceed supply, with fewer than 10% of Australians currently receiving professional financial advice. Looking ahead, the profession is evolving toward a hybrid, digital-first model where technology and AI play a critical role in expanding access to financial advice. AI adoption is already widespread, helping manage compliance and administrative tasks so advisers can spend more time with clients. Watch in full here: https://lnkd.in/gPN3bA5B