The following list, which is never going to be all encompassing since as someone who has been active in the financial services sector for over 20 years, I see something else which isn’t covered every time I look at it. In fact, to be brutally honest this article actually started life as a 50-point list but every time I... Read More
So here’s the scenario, you’ve found what you are sure is the right financial services network for you, the terms look fine. You probably haven’t spoken to us or you wouldn’t be about to get into the mess you’re just about to get into, but let’s leave that aside for now.
The pearl of wisdom I’m about to impart is... Read More
As a small or medium sized mortgage broker or financial adviser the quote “nothing is nothing” which has been variously attributed to Beckett, Molloy and Shakespeare is far more than just another insignificant saying. The phrase has been used more recently in advertising by an Japanese electronics company and a motor manufacturer, but actually is far more important in... Read More
Often when we think of businesses giving to charity we think of big business, like Jeff Bezos the founder of Amazon who gave away $2 billion last year or Microsoft and the Bill Gates Foundation giving a paltry $150 million. But the fact is that supporting local charities and worthy causes can also be a good thing for small... Read More
With lenders sometimes seeming to strike brokers from their panels for very little reason and no effective means of appeal for the unfortunate advisers it’s getting more and more important to check out any new introducers in as much depth as you can.
This was brought graphically to my notice when Which Network had a call from a broker (let’s... Read More
In the US 80% of small businesses fail within the first 18 months. The UK’s figures aren’t quite so bad, with 20% failing in the first year and 30% in the second year. This is possibly due to less people taking the leap into independence over here maybe coupled to possible failure still being seen by some as having... Read More
So that’s 2018 over now and what an interesting but scary year it was! My next article will cover the network recruitment results for the whole year, but first we have recruitment performance for the last quarter of the year, a period which included one of the most lacklustre budgets since………….Well, since the last budget. It appears that the... Read More
So here we are again looking at the recruitment efforts of our basket of mortgage networks, this time for the third quarter of 2018.
As always, these figures, taken from the FCA register were correct on the day, however retrospective changes within the register can sometimes occur due to administrative errors and other issues. Again, as always selection of a... Read More
Although about 80% of mortgage brokers who talk to us now charge a fee, there still seems to be some debate on the best way to pass this information on to a client. Whether or not to charge fees at all is still a very personal matter with some advisers fiercely opposed to it, whether on moral grounds “We... Read More
You might think some of these points are so obvious that they don’t need making but if 20 years experience in financial services has taught me anything it’s that nobody remembers everything, all of the time so even if you’re a genius, it’s worth spending 10 minutes looking through the list to see what it is you’ve let slip... Read More