Run a smarter advice practice with insights from the industry's best.
This report, developed in partnership with Business Health, represents the most detailed and up-to-date picture of Australian advice remuneration and compensation currently available on the market. The last time this research was conducted was in 2023, and it’s clear that two years can make a world of difference in such a…
I've spent a lot of time on the paraplanning side of the advice process, and there's a few things that reliably slows the paraplanning process down. It’s easy to blame the paraplanner (and sometimes it is their fault!) but what I often find is that a poorly structured paraplanning request is the reason things slow down.…
One of the most fundamental decisions for anyone contemplating a move into residential aged care is understanding the room cost and how they will fund it. And this became more complicated and expensive from 1 November 2025. Higher room prices The first impact was the rise in room prices throughout 2025, with average…
A few months ago, I completed one of the biggest professional decisions of my career: buying out my business partners and becoming the sole owner of our financial advice business. On paper, it sounds straightforward. We each owned shares in the business. My partners were mortgage brokers — great operators, good friends,…
I have used Xplan throughout my entire career as an adviser and, to be honest, I didn’t like it for a long time. It wasn’t until I took ownership of the software and invested the time it deserved that our business truly began to reap the benefits. For a long time I held the mistaken belief that our licensee ran and…
Most advisers I speak to are undercharging for advice. Usually, the problem is not the number itself. It is that advisers are still pricing around the SOA, rather than the full advice experience. And those are two very different things. An SOA is important, of course. But it is really a point-in-time document. In many…
Every week there’s something new. A new AI tool. A new platform. A new way to work faster, cheaper, better. And the pressure is real. Your competitors are adopting it. Your team wants to try it. Vendors are promising efficiency gains. So the question becomes… should we use it? Not “is it exciting?” Not “is everyone else…
I was working with a large, fairly progressive advice practice recently. The kind that most would look at and think, “they’ve nailed it.” They’ve invested heavily in technology. They even have a full-time developer whose sole role is to build tools the leadership team wants and roll them out across the business. On paper,…
The Minister for Financial Services has said it plainly. DBFO reforms remain a priority, but Shield and First Guardian have made the environment "more complex," and there are no firm timelines for Tranche 2. In other words, don’t hold your breath; you might be waiting a while. The proposed new class of adviser may not…
The first thing you should know about Advisely's expedition to Perth's FAAA Congress is that we had a sexy elevator. It wasn't sexy at first. When it shuddered to life, you’d hear a mechanical scream. But once you reached your hotel floor, a beautiful – barely intelligible, but beautiful – voice emerged from the din.…
I broke up with Xplan. I was done. Too many things needed to change in the relationship, and there was too little time for those changes to happen. But then, after a period of seeing other software, we got back together. Watch the video below to find out how the love affair was rekindled.
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Did you know you can now roll multiple super funds into a single account on one screen without having to pass the money through a "transfer account" first? Why? The old way of moving money between funds was a bit of a treasure hunt and involved way too many steps. This update lets you consolidate Superfund 1, Superfund 2…
Who says research has to be a chore? In our previous posts, we looked at how WealthSolver evolved from its ‘SuperSolver’ roots into a powerhouse for compliance and automation. But if you’re only opening WealthSolver when you’re deep inside a client’s file, you’re missing out on half the fun. Welcome to the WealthSolver…
In our previous article, Unlocking the full potential of WealthSolver, we explored how this module serves as the primary engine for product comparison and fee analysis. But as any seasoned Xplan user knows, an engine is only as effective as its calibration. While the "front end" allows you to run scenarios and compare…
Who remembers when WealthSolver was ‘just’ SuperSolver? SuperSolver was built to solve a very specific problem: the complexity of comparing Australian superannuation funds. At the time, industry funds and retail funds had vastly different fee structures, and comparing "apples-to-apples" was a nightmare for advisers.…
As any executive chef knows, earning a Michelin star is one thing; keeping it is the real challenge. A five-star restaurant doesn't become the best and then stop. It retains its star by relentlessly pursuing perfection. It adapts. It refines. It evolves. It introduces a seasonal menu. In your Xplan practice, this is the…
I don't know about you, but I enjoy the drama of watching an episode of Hells Kitchen just to see that infamous celebrity chef lose his cool and throw a plate full of food at his up-and-coming potential protégés. But let's be real here: drama can stay where it belongs, which is on the TV and not in Xplan. So why let Xplan…
It’s Saturday night. You try out the hottest new dumpling restaurant on King St, and it’s a revelation. The pan-fried pork buns are simultaneously crispy and juicy, the xiao long baos are bursting with mouth-watering umami, and the service (for a dumpling joint at least) is impeccable – you actually get everything you…
Now that your highly-trained team is in place, it’s time to ensure the equipment they use is perfectly calibrated. Precision tools can make the difference between a good dish and a great one. A perfectly-calibrated oven, a razor-sharp knife, a precise sous-vide machine – these are what allow a chef to execute a recipe…
A five-star restaurant is only as good as its team. You can have the best ingredients and the most refined recipes, but if your team can't deliver, the experience falls flat. This is where you, the Xplan Site Administrator, come in. You're the head chef or the maître d'; the "master of the house" who’s responsible for…
Have we piqued your appetite yet? Now that you have had the amuse-bouche, it's time for the entree. Let's now look at how to meticulously structure user hierarchies, groups and access levels so every team member can work efficiently and flawlessly within their designated station. Stations, everybody! Have you ever had to…
Everything you need to know about running a successful back-office.
How to create outstanding experiences that build trust and loyalty.
Advice practices share what they’re doing to achieve success in their business.
Industry insights on the changing landscape and future of advice.
