What can I do to improve my Status badge?

Your Status badge reflects your professional profile. Improve your status badge by keeping your ASIC record current and engaging clients. Small updates add up over time.

Your Adviser Status Badge is similar to a credit score. It reflects multiple factors and is built over time. While certain actions (like updating your ASIC record with education or memberships) may result in an immediate badge change, lasting improvements come from consistency across all areas.

👉 If you’d like to understand how your Status badge works, see Your Adviser Status Badge.

If you’re looking to improve your badge, here are the most important steps you can take right now:

1. Keep your ASIC listing up to date

Your badge is built from information on the ASIC Financial Advisers Register (FAR). Make sure the following details are current:

• Memberships to professional associations

• Education and formal qualifications (including bridging courses or additional study that meet current regulatory requirements)

• Years of experience in the industry

• Compliance checks & CPD compliance

🔎 You can cross-check your details by searching the ASIC Financial Advisers Register.

📌 Remember:

• Only the details that appear on the FAR are imported into Adviser Ratings.

• If updates are needed, your licensee can usually submit them to ASIC on your behalf.

• Once updated with ASIC, the information will automatically flow through to Adviser Ratings in the next system refresh.

2. Ensure memberships are recorded on ASIC

Memberships with professional associations demonstrate your commitment to professional development and ethical standards.

Just like education, these memberships must be listed on the ASIC Financial Advisers Register (FAR) to be recognised in your Adviser Ratings profile and factored into your badge score.

• Only memberships visible on ASIC are considered.

• Your licensee can usually update these details on your behalf.

• Once updated with ASIC, the new information will flow through to Adviser Ratings during the next system refresh.

3. Encourage clients to leave reviews

Client reviews help strengthen your profile and are considered alongside education, compliance, and experience.

👉 See how to invite your clients to review you.

4. Ensure all your education is visible on ASIC

If you’ve completed additional study, such as ethics subjects, bridging courses, or others to meet your regulatory requirements, make sure these are recorded as separate qualifications on the ASIC Financial Advisers Register.

• We are unable to verify course content or individual units of study ourselves, as we are not an education provider.

• For consistency, we rely entirely on the education and memberships published on ASIC’s register.

• Your licensee can usually submit these updates to ASIC on your behalf.

• Once updated, the new information will flow through to your Adviser Ratings profile in the next system refresh.

👉 Need clarity? See Understanding Adviser Education Requirements & Pathways.

Badge score distribution (Australia-wide)

Only a small percentage of advisers achieve Platinum status. These professionals typically have:

• Over 10 years of experience

• Higher-level education

• Memberships with recognised professional associations

• Education aligned with current regulatory requirements

• Strong consumer engagement with 20+ positive reviews

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