Brokers must be debt, risk advisers
By
Adam Smith
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12/08/2011 6:00:00 AM
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Smartline's new WA state manager has stated that brokers must assist clients in wealth creation by filling the role of debt and risk advisers.
The company has announced the appointment of David Devenish. Devenish previously worked as the director of Profound Property and an associate director of Macquarie Bank.
Devenish commented that the operating environment in the mortgage broking industry has seen significant change, and that brokers now fill the role of debt advisers.
"Consumers are now more conservative and less inclined to make quick, emotive purchase decisions – and they’re looking for trusted advisers to help them do that," Devenish said.
Devenish said brokers must fill the role of helping clients create wealth by aiding in the management of debt and risk.
"For many people debt is the thing that keeps them awake at night. Our role is to advise our clients on the most appropriate strategies and solutions to reduce risk, assist in wealth creation and, consequently, allow them to rest easy," he commented.
Smartline said Devenish would be mandated with raising the company's profile in the WA marketplace, and boost support to franchisees.
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