Head 2 Head: Should mortgage brokers diversify into areas such as wealth management? By Rebekah Commane 22 Yay Carl Parker, head of self-employed division, Just Mortgages The current boom has brokers rushed off their feet but transactions may drop away in April if the stamp duty holiday ends, so brokers will need to be prepared to diversify. If there is one thing we have learned both during the financial crisis and at other times since, it is that there will be quieter periods. When these quieter times come around, brokers who advise only on mortgages tend to struggle. One area of growth is wealth management. With savings across the UK increasing by £75.5bn during lockdown, there is a huge need for sound financial advice on a much wider scale.