Golden opportunities available for independent brokers, writes Serge Mosime
Sound financial advice is the cornerstone of growing our economy. Financial advisers who provide proper, relevant advice are able to build fulfilling careers, while helping their clients do great things with their money. This is especially important within the Mass Market segment of the population, who have been largely deprived of appropriate advice to help them build wealth and provide financial protection for their families and assets.
But for many brokers, servicing the middle to lower-income market (i.e. individuals with personal incomes of R20 000 per month and less) can seem daunting, even risky. It needn’t be, for two important reasons. Firstly, there’s a growing demand for independent financial advice within this market segment, as incomes (and aspirations) continue to rise and thus the need for relevant savings, investment and risk assurance products to meet these needs are actively sought out. Secondly, the attractiveness of this market segment, and the reduction of any deemed risk, can be enhanced through the right support from a trusted business partner.
This support is on hand in the form of Old Mutual’s Retail Mass Market Broker Distribution unit. Established over ten years ago, this business unit currently contracts with over 600 independent Principal brokers (excluding Large Corporate broker operations), represented by over 3 000 sales agents. Through its national footprint of sales branches, broker consultants and administrative support consultants, personalised, face-to-face service and sales support to brokers are guaranteed.
Old Mutual has a deep-rooted commitment to provide financial solutions to the majority of South Africans and thereby help them make the most of their and their families lives. Join us and help them do great things.
Visit www.ombdportal.co.za to make this a reality.
