Daniel Stein is the founder, owner, and manager of Select Advice Finance an independently owned mortgage and finance broking business in Bentleigh.
As the principal and owner, Daniel started his banking and mortgage career in March 2000, and in 2005 he established Danny’s Home and Investment Loans. He holds a Diploma of Financial Services and a Diploma of Finance in mortgage broking, as well as a Certificate 4 in real estate.
Starting work as a broker in a multinational broking firm in 2000, he quickly rose to the top, earning the title of ‘best salesman’ for the company over a sustained period of 18 months. He then left to join the Affordable Group in Lara. Under the tutelage of industry stalwart Mark Duggan, Daniel learned quickly and began working with referral partners to help them to solve complicated deals. This strengthened the relationship between the referral partners and the Affordable Group and enabled the company to grow rapidly.
Years in Business
In 2003, Daniel sought new challenges and joined Vic Home Finance Solutions under Huw Bough. Again, he enjoyed remarkable success, adding to his knowledge base, and running his own business as a consultant. When Huw closed the company in 2004 to become head of broker services for Westpac, Daniel joined the Westpac team as St. Kilda’s Home Finance Manager. There he helped consumers in ‘bank-land’ obtain consumer mortgages and loans. A year later, in July 2005, Daniel formed Danny’s Home and Investment Loans, which as a company was the lead-up to Select Advice Mortgages Prahran AND Select Advice Finance which was launched in July 2019.
Daniel’s current responsibilities as Managing Director and owner of Select Advice Finance include developing business strategies, marketing programmes and business growth plans. He is also the senior writer of home loans, investment loans, personal loans, and car loans. Since 2005, Daniel has been a working with referral partners to help them progress their business, seeing the clients, processing the loans, and then maintaining the relationship with these clients. 50% of Daniel’s business originates from referrals from existing clients and he is prouder of this than any other part of his business.
‘Select Advice Finance is built on the premise that we will do whatever we can to get the client what they want. We certainly go the extra mile for our client as we specialise in the harder to get loans. We have a guarantee in place which says that we will treat you, as a client, how we would expect someone to treat us in the reverse position. Our company ethos is simple – if we can’t do it, then it probably can’t be done’.
Away from work, Daniel enjoys spending time with wife Angela and their 3 boys Joshua (19), Nathan (18) and Gabriel (16). You will normally find him immersed in a game of squash, footy, Soccer or Basketball in the winter months. Saturday and Sunday mornings are dedicated to the boys’ sports and then, of course, there is his passion for his AFL team Carlton. Go Blues! In summer, its cricket and Basketball. He also manages to find time for his other passion, running, and has competed in several Puffing Billy runs and the Melbourne Marathon in 2013. Daniel’s ambition does not stop where he is now. He aspires to build Select Advice Finance into the leading Financial Services firm in Australia. Being able to offer a ‘one stop shop’ for everything financial, including finance broking, financial planning, accounting, conveyancing, insurances and other related professions attached to the finance industry, will see him become a member of one of the most innovative groups in the country.
At the end of the day, it’s all about the client. Daniel says, ‘if we can help them to better their lives and to improve their fortunes, then we have done what we set out to do.