What’s the difference between a mortgage broker and a financial advisor?

What is a financial advisor?

A financial advisor is a qualified professional who provides a wide range of financial guidance depending on an individual’s personal and financial circumstances and goals. Some of the areas they may assist include:

  • Wealth management
  • Financial planning
  • Trust services
  • Investment strategies

What is a mortgage broker?

A mortgage broker is also a qualified professional who specialises in providing financial advice in procuring and securing loans. They compare different loan products from a wide range of lenders to try and secure a product which is best suited to your individual personal and financial circumstances.