What can I do to improve my Status badge?

Your badge reflects your professional profile—keep your qualifications, memberships, and client engagement up to date to stand out.


Your status badge reflects your presence and credibility on Adviser Ratings. If you're looking to improve your badge level, the most important thing is ensuring your professional profile is accurate, up to date, and fully aligned with the information available on official registers.


Start with your ASIC listing

Firstly, ensure all your professional listings with ASIC are current including your:
  • Memberships to various industry and professional associations
  • Formal Qualifications 
  • Years of experience in the industry
  • Compliance checks and FASEA obligations
To standardise advisers' professional listings, we import details from ASIC’s Financial Advisers Register (FAR). Only the details that appear on the FAR—and are subsequently ingested into our system—will show on your adviser profile and contribute to your status badge.

You can cross-check these details by searching for yourself at the ASIC register here. Its important to keep your professional listings up to date as this information not only feeds directly into our badge scoring algorithm, but the register is also a public website.
If you notice something is missing or outdated, the update must first be made with ASIC. Your licensee can typically make changes on your behalf. Once ASIC has updated your record, the new information will flow through to Adviser Ratings during our next regular update cycle.

Other ways to improve your your status badge

1. Joining a professional association and ensuring your membership is currently listed on ASIC's Financial Advisers Register (FAR)

Memberships to recognised adviser organisations indicate your commitment to continuing professional development and ethical standards. They also support your verified experience and qualifications—key components of your score.

Being a member of a Tier One Association provides heavy weighting to your status badge. These include:

  • Financial Advice Association Australia (FAAA)
  • Certified Investment Management Analysts (CIMA) in Australia and New Zealand
  • Certified Practising Accountants Australia (CPA)
  • CFA Institute (CFA)
  • Chartered Accountants Australia and New Zealand (CA ANZ)
  • Institute of Chartered Accountants of Australia (ICAA)
  • Institute of Public Accountants (IPA)
  • Profession of Independent Financial Advisers (PIFA)
  • SMSF Association (SMSF)
  • Stockbrokers and Financial Advisers Association (SAFAA)
  • Tax Practitioners Board (TPB)


2. Encouraging clients to leave a review

Getting client reviews is an easy way to increase your status badge.


3. Ensure your qualifications are FASEA-aligned and visible on your ASIC listing

If you’ve completed a FASEA-approved qualification or Ethics Bridging Course, it must be listed on the ASIC Financial Advisers Register to be factored into your score—even if your earlier qualifications weren’t previously compliant with FASEA standards.

We’re unable to verify course content or individual units of study ourselves, as we are not an education provider. For consistency across adviser profiles, we rely entirely on the education, qualification, and membership details published on ASIC's register.

So, if you've completed a bridging course—particularly one that satisfies the FASEA ethics requirement—make sure it's recorded as a separate qualification on your ASIC listing. Your licensee can usually submit this update on your behalf. Once updated with ASIC, the new information will automatically flow through to your Adviser Ratings profile in our next system refresh.

Badge score distribution (Australia-wide)

Only 2% of advisers currently achieve a Platinum status badge. These professionals typically have:

  • Over 10 years of experience

  • High-level qualifications

  • Active Tier One memberships

  • FASEA-approved education

  • Strong consumer engagement with 20+ positive reviews

Badge Distribution

 

Here's how a top-rated Platinum adviser may appear on the ASIC register:

example register (1)

If you have any questions, please forward them to admin@adviserratings.com.au where our service team is always ready to help.