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Mortgage Broker News | 25 Sep 2015, 08:15 AM Agree 0
It may be the single-biggest enticement for brokers to move back to the bank side, with one major lender promising to give mobile specialists more to sell than mortgages
  • Barry Patchett | 25 Sep 2015, 09:38 AM Agree 0
    They better be licensed for anything they sell! Not like now.
    Cheers!
  • maurice elgersma | 25 Sep 2015, 10:04 AM Agree 0
    These advisors are really not much of a threat to brokers. Think about it. the good ones will become recruited and become brokers if they are good at all.

  • Dustan Woodhouse | 25 Sep 2015, 10:11 AM Agree 0
    Diluting focus creates weakness. Personally I prefer to work with specialists whenever possible. Generalists rarely provide higher quality advice, and rarely earn a better living.

    Look at medicine or law...or finance. The highest levels of performance are achieved by specialists in a narrow niche.

    Avoid distractions. Focus.

  • Ron Butler | 25 Sep 2015, 11:25 AM Agree 0
    They could sell checking accounts, GICs, credit cards, Helocs and PLOCs, mortgage creditor insurance. They could sell quite a bit of stuff without any separate licensing.
  • Walid Hammami | 25 Sep 2015, 11:28 PM Agree 0
    Just to remind everybody that this is not new.

    Manulife has been doing it for a long time.
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