Advantage has recruited Platform’s star key account manager Sara Green as its divisional packager manager in the South.Green is widely credited with bringing in 40% of Platform’s packaged business and industry experts predict the firm will take some time to re- cover from her departure. She is also believed to have come at a great cost, with her salary at Platform rumoured to have been 45,000-plus, bumped up to over 100,000 in actual earnings with commission. Green was previously approached by another major lender which was unable to afford her. In April Advantage signed up Platform’s then head of sales Jeremy Duncombe, and last week Green and regional manager James Higgs elected to join him. Just a few weeks ago Platform’s dynamic director of marketing Guy Batchelor defected to join Lehman Brothers as an executive director of its European Mortgage Capital business. One industry source warns: “Now Guy has gone there’s nothing to stop competitors from raping and pillaging Platform.” Keith Dearling, managing director of Advantage, confirms that Higgs and Green will join the lender in December as regional manager for the South and divisional packager manager in the South respectively. Paul Hunt, head of marketing at Platform, says: “This is a sign of the regard people have for our team. They are beating down the door to join us and we continue to recruit and develop staff.” Some industry experts say the two rising stars may not stay long with the new entrant. As part of his contract Batchelor is unable to contact Platform staff but now that Green and Higgs no longer work at Platform he would be able to take them with him to Lehmans. Dearling insists both Green and Higgs are long-term recruits.
From Adam Chavins I recently took took a look through Mortgage Strategy and found that every other article seemed to be quoting people who were surprised about the base rate rise. Maybe I’m an exception but I wasn’t. It’s not that my degree in economics or my 10 years’ experience in the mortgage industry helped […]
In Retirement Services is to appoint 20 advisers after the Financial Services Authority’s equity release mystery shopping exercise highlighted the need for specialist knowledge.
The government last week revealed that it has given 120m to fund financial inclusion initiatives and 45m to fund more free face-to-face debt advice. With UK debt at an all-time high, the government has issued a report – the third of its kind – outlining what government actions and industry initiatives have been launched to […]
Manchester-based Destiny Business Services has launched Endowment Fighters, a business that aims to re-shape the claims management and endowment market.Combating the widely publicised endowment mortgage mis-selling of the 1980s and 1990s, Endowment Fighters serves to fight the corner of the consumer.Mark Smith, chief executive of Destiny Business Services, believes Endowment Fighters is different from the […]
This week’s Budget looked as if it would be a difficult one for the Chancellor, with disappointing economic numbers and the need to avoid ruffling feathers ahead of June’s in/out referendum. Nevertheless, Mr Osborne did spring a few surprises, including some tax reductions. So how does this budget affect you? If you are – or […]
News and expert analysis straight to your inboxSign up