Why advisers want more property advice

investment advice financial services licence property financial advisers financial adviser real estate cash flow director

3 August 2011
| By Andrew Tsanadis |

With more and more investors wanting access to property investment advice, the expertise required is often beyond the scope of most financial advisers.

Melbourne-based real estate agency Next Level Property (NLP) is providing such a partnership service to advisers in locating, purchasing and managing investment properties.

Joint director Andrew Oscari from NLP says they look closely at not only the criteria set by the financial adviser but that of the investor as well.

“We undertake the full property purchase from selection to an investment cash flow forecast to sourcing appropriate finance if that is required,” Oscari says.

“Next Level Property also continues to manage the property and tenancy on behalf of the investor.”

Oscari also says that NLP assumes responsibility for liability for property advice, ensuring there is no risk to the adviser’s financial services licence or professional indemnity cover.

Homepage

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

11 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

4 days 16 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 2 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 4 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

3 days 14 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

2 days 17 hours ago