Can I improve my Status badge?

Similar to a credit score, your Adviser Status Badge will reflect multiple factors and is built over time. While some updates, such as receiving new client reviews or updating your ASIC record (for example, education or memberships), may result in an immediate badge change, most improvements come from consistency across all areas. Some factors may be slow-moving or outside your control.

If you’re looking to understand what may influence your badge, here are the most practical steps you can take:

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.
  

3. Invite 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. 

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

Status Badge distribution

Platinum status is achieved by a smaller proportion of advisers and typically reflects a longer track record across multiple areas, including:

• 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