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New partnership will empower brokers as advisers

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Australian Broker | 22 Sep 2015, 08:00 AM Agree 0
A national aggregator has partnered with leading property group to help brokers offer specialist investment property advice
  • Oscar Hvala | 22 Sep 2015, 10:48 AM Agree 0
    How can you possibly remain an independent finance broker? I can see it now... "Come and invest in this property because it's the best!" WTF?

    It's no wonder government want to make laws tighter to try to avoid a one sided approach to investors. Is this fair? Is the consumer receiving true independent advice? I know I would run from any broker who would try to convince me to buy in an investment that on the surface, seems to benefit them. Oh well...
  • Broker | 22 Sep 2015, 11:29 AM Agree 0
    Agree 100%. "Specialist investment property advisers", how so? Is it a one hour session certificate? Very dangerous territory for a broker to play in.
  • Coast Broker | 22 Sep 2015, 11:31 AM Agree 0
    Good to see the Monthly Admin fee that eChoice/Firstfolio/Lawfund charge me of $150 for my trail commission they pay me from when I was a Lawfund member is going to good use. Correct me if I am wrong but I am sure this is the same company that has again made another large loss.
  • John Sanders | 22 Sep 2015, 12:36 PM Agree 0
    I can see why they would do this. The additional revenue for property sales is massive. I have property spruikers all the time offering me $5-10,000 commission for steering my pre-approved clients their way.
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