Financial Planning and Investment Advice in Australia - Market Research Report

Financial Planning and Investment Advice industry trends (2014-2019)

poll Average industry growth 2014–2019: -3.8%

The Financial Planning and Investment Advice industry has changed significantly over the past five years. The Federal Government implemented the Future of Financial Advice (FOFA) reforms in July 2013 in response to several cases of poor financial advice from industry professionals that led to significant losses for clients. The FOFA reforms aim to ensure the industry's professional integrity and transparency. In addition, the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has placed significant regulatory pressure on industry operators. The Commission has found operators in breach of FOFA legislation. In particular, the Commission found AMP, Commonwealth Bank (CBA), NAB and Westpac to have charged fees...
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Financial Planning and Investment Advice industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

Additional regulatory reforms and refinements are anticipated to affect the Financial Planning and Investment Advice industry's operating landscape over the next five years. The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry released its final report in February XXX, revealing widespread breaches of conduct. The recommendations from the final report include forming an independent statutory body to oversee financial advisers, with all advisers required to be registered with the body. Other recommendations included eliminating trailing commissions, an outright ban on conflicted remuneration exemptions, and a requirement for banks to report any serious compliance concerns on individual financial advisers...
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Financial Planning and Investment Advice industry statistics

  • attach_money Market Size: $5bn
  • business Number of Businesses: 20,971
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 24,512

Biggest companies in the Financial Planning and Investment Advice industry

The companies holding the largest market share in the Financial Planning and Investment Advice in Australia industry include AMP Limited, IOOF Holdings Ltd and Commonwealth Bank of Australia.

  • pie_chart AMP Limited Market Share: x.x%
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  • pie_chart IOOF Holdings Ltd Market Share: x.x%
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  • pie_chart Commonwealth Bank of Australia Market Share: x.x%
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What is Financial Planning and Investment Advice industry?

Industry Definition

Establishments in the industry provide financial planning and advice to clients.

Industry Products and Services

  • Superannuation and retirement advice
  • Loan and investment advice
  • SMSF advice
  • Tax advice
  • Other services

Industry Activities

  • Financial planning
  • Investment advising
  • Financial asset investment consulting

Market research report - table of contents

Industry Definition

Establishments in the industry provide financial planning and advice to clients.

Main Activities

  • Financial planning
  • Investment advising
  • Financial asset investment consulting

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

High-income earners are individuals in Australia's top tax bracket. Individuals in this category can have complicated wealth structures, and often seek ad...
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High income earners
All Ordinaries index
Real household disposable income
Population aged 50 and older

Current Performance

FOFA reforms
Royal commission and scandals
 Chart: Revenue Growth

Industry Outlook

Higher industry standards
Robo-advisers
 Table: Financial Planning and Investment Advice in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Financial Planning and Investment Advice in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Residential Property Operators in Australia
Consumers





Key Selling Industries

Accounting Services in Australia
Technical and Vocational Education and Training in Australia
Advertising Agencies in Australia




Products & Services

Financial planners provide guidance and planning across a range of personal finance matters. Financial advice can generally be split into two services: sc...
Fourth income quintile
Third income quintile
Second income quintile
Lowest income quintile


Demand Determinants

Increasing amounts being placed in superannuation funds and an increasing number of individuals seeking advice on superannuation matters have driven deman...
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Major Markets

Fourth income quintile
Third income quintile
Second income quintile
Lowest income quintile



 Chart: Major Market Segmentation for the Financial Planning and Investment Advice in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Financial Planning and Investment Advice industry has a low market share concentration. The top four operators in the industry are estimated to hold o...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Financial Planning and Investment Advice in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Financial Planning and Investment Advice in Australia - Market Research Report Industry

Industry Globalization

AMP Limited is an ASX-listed diversified financial services company that mainly focuses on wealth management. The company was established in 1849 as the A...
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AMP

 Table: AMP - financial performance

IOOF Holdings

 Table: IOOF Holdings - financial performance

Commonwealth Bank

 Table: Commonwealth Bank - financial performance

Capital Intensity

The Financial Planning and Investment Advice industry displays low capital intensity. For every dollar paid as wages in 2019-20, an estimated $0.12 is spe...
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 Chart: Level of Capital Intensity for the Financial Planning and Investment Advice in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Financial Planning and Investment Advice in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

FUNDS UNDER ADVICE

INVESTMENT PLATFORM

ROBO-ADVISERS

SELF-MANAGED SUPERANNUATION FUND (SMSF)

TRAILING COMMISSIONS

WRAP ACCOUNT

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Financial Planning and Investment Advice industry?

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This report on Financial Planning and Investment Advice in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Financial Planning and Investment Advice in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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