Broker News

Industry conference pulls in big numbers

The Finance Brokers Association of Australia (FBAA) says attendance at its fourth annual conference held on the Gold Coast in November exceeded all expectations.

Almost 1000 brokers and finance professionals attended the 2016 conference, which was themed ‘Bigger, Better and Stronger’, and featured an inaugural awards ceremony.

FBAA executive director, Peter White, says there was limited support when the association held its first conference in 2012, but describes this year’s attendance as “astonishing”.

“The feedback, from our guest speakers to our extensive Exhibition Expo, has been exceptional and has set the standard in finance broking conferencing,” he says.

White highlights keynote speaker Chris Green of the Australian Securities and Investments Commission (ASIC) provided an update on the broker remuneration review, as well as insights into the challenges currently facing the industry as ASIC continues its industry commissions review.

“It was also heartening to hear ASIC acknowledge its solid relationship with the FBAA as we continue working together to provide the best outcome for brokers,” White adds.

According to White, the conference was the ideal platform to reveal details of a new strategic alliance between the FBAA and the Small Business Association of Australia (SBAA).

“The partnership which will give the 250,000 plus SBAA members a deeper understanding of how brokers can assist in maximising their business potential,” White adds.

The conference concluded with a gala dinner that celebrated the inaugural FBAA industry member awards, called Awards of Supremacy.

The awards recognised finance industry professionals who excelled during 2016 for being leaders in broking, mentoring, mortgages, motor and commercial asset finance.

George Samios, 28, from Brisbane-based MADD Loans took out two awards, including Queensland’s Finance Broker of the Year as well as the FBAA National Finance Broker of the Year.

“The future of broking is in good hands when a young man under 30 can be as successful as George has been. MADD Loans has grown into one of the best broking businesses nationwide,” adds White.

Samios began in career in broking four years ago, and says age is no barrier to success if your focus is on the customer.

“That’s the difference a young person has,” says Samios. “You have energy, confidence, determination, and a will to satisfy the client. All you need are good mentors which the FBAA has in abundance among its members.”

The driving force behind the National Finance Brokers Day, Suncorp BDM Dino Pacella, won BDM of the year.

“Dino’s vision and commitment to providing a nationwide voice for brokers was unshakeable and he was a deserved recipient of the prestigious BDM Award,” says White.

The full list of winners is as follows:

Qld Finance Broker of the Year – George Samios, Madd Loans.

NSW/ACT Finance Broker of the Year – Vishal Gupta, Unique Finance Services Pty Ltd.

Vic/Tas Finance Broker of the Year – Kristy Dunphy, Up Loans.

SA Finance Broker of the Year – Lynton McLean, Imperial Finance.

WA Finance Broker of the Year – Tony Carter, Brokerage WA.

Plant & Equipment Finance Broker of the Year – Peter Lovick, SMA Finance Launceston.

Mentor of the Year – Steve Andrews, First Choice Finance Group.

Commercial Property Finance Broker of the Year – Jayden Vecchio, Red & Co. Finance.

Business Development Manager of the Year – Dino Pacella, Suncorp Bank.

FBAA National Finance Broker of the Year – George Samios, Madd Loans.

Published on: Friday, December 02, 2016

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