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FMT legend moves on

FMT's Bruce Smith starts his next chapter after a decade of outstanding contributions to the business and advisers.

Thursday, October 9th 2025, 11:49AM

FMT has announced that Bruce Smith, FMT Strategic Partnership Manager, is transitioning from his role after nearly ten remarkable years of service. While he’s considering the path of retirement, we want to celebrate the incredible impact he’s had on our business.

Recognising Bruce’s impact
Since joining FMT, Bruce has played a central role in expanding our presence across the financial services sector. By forging enduring partnerships with mortgage advisers and aggregators and strengthening key industry networks, he has been directly responsible for opening doors to new markets and accelerating growth for FMT over the last 10 years.

Bruce’s ability to cultivate trust and rapport with advisers has not only increased the volume of business but also positioned FMT as a trusted specialist lender. His efforts have helped diversify and strengthen our portfolio, expand our loan book, and build sustainable pipelines that continue to deliver value today.

When Bruce joined the business in 2016, the loan book was $350 million. Today, it sits at $1.6 billion, and Bruce has played a key role in achieving that growth.

Beyond numbers, Bruce has elevated the way we engage with our partners; championing collaboration, identifying opportunities with the evolving needs of clients. The goodwill and reputation he has helped build for FMT within the adviser community will continue to serve as a foundation for growth in the years ahead.

Chief executive Paul Bendall says, “Bruce has made a real difference here at FMT. His dedication and charisma will leave a lasting legacy. He’s helped us grow, strengthened our partnerships, and expanded our reach in ways that will benefit the company long into the future. We’re incredibly grateful for everything he’s done. The team and I will miss him, but we wish him all the best and hope he enjoys more time with the family.”

Leaving a legacy
As Bruce steps into this new chapter, whether it’s retirement or new adventures on the horizon, we want to send him off with our sincere appreciation. His warmth, positivity, and boundless energy have made him a true legend at FMT.

“We wish Bruce every success and happiness for the future and thank him for the incredible legacy he leaves behind.” Paul adds.

Tags: FMT

« FMT adds Christchurch-based BDMFMT appoints national strategic partnerships manager »

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Lender Flt 1yr 2yr 3yr
AIA - Back My Build 3.54 - - -
AIA - Go Home Loans 6.09 4.49 4.49 4.79
ANZ 5.89 5.09 5.09 5.39
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 4.49 4.49 4.79
ASB Bank 5.99 4.49 4.49 4.79
ASB Better Homes Top Up - - - 1.00
Avanti Finance - Near Prime 6.49 - - -
Avanti Finance - Specialised 7.69 - - -
Basecorp Finance 6.55 - - -
Lender Flt 1yr 2yr 3yr
BNZ - Classic - 5.99 5.69 5.69
BNZ - Mortgage One 6.09 - - -
BNZ - Rapid Repay 6.09 - - -
BNZ - Std 5.99 4.49 4.49 4.79
BNZ - TotalMoney 6.09 - - -
CFML 321 Loans 4.25 - - -
CFML Home Loans 6.25 - - -
CFML Prime Loans 6.45 - - -
CFML Standard Loans 7.25 - - -
China Construction Bank 6.44 4.85 4.95 4.95
China Construction Bank Special 6.44 5.85 5.95 5.95
Lender Flt 1yr 2yr 3yr
Co-operative Bank - First Home Special - 4.35 - -
Co-operative Bank - Owner Occ 5.30 4.45 4.49 4.79
Co-operative Bank - Standard 5.30 4.95 4.99 5.29
Credit Union Auckland 7.70 - - -
First Credit Union Special - 4.79 4.95 -
First Credit Union Standard 6.49 5.39 5.55 -
Heartland Bank - Online 5.45 5.89 - -
Heartland Bank - Reverse Mortgage 7.99 - - -
Heretaunga Building Society 7.45 5.90 5.80 -
ICBC 5.39 4.25 4.59 4.79
Kainga Ora 6.29 4.75 4.75 4.99
Lender Flt 1yr 2yr 3yr
Kainga Ora - First Home Buyer Special - - - -
Kiwibank 5.80 5.39 5.39 5.65
Kiwibank - Offset 5.80 - - -
Kiwibank Special 6.15 4.49 4.49 4.85
Liberty 6.65 6.55 6.22 6.20
Nelson Building Society 6.59 4.59 4.69 -
Pepper Money Near Prime 6.55 - - -
Pepper Money Prime 5.99 - - -
Pepper Money Specialist 8.00 - - -
SBS Bank 5.99 5.09 5.09 5.39
SBS Bank Special - 4.49 4.49 4.79
Lender Flt 1yr 2yr 3yr
SBS Construction lending for FHB 3.74 - - -
SBS FirstHome Combo 3.44 4.29 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 7.99 - - -
TSB Bank 6.74 5.19 5.29 5.59
TSB Special 5.94 4.39 4.49 4.79
Unity First Home Buyer special - 3.99 - -
Unity Special 6.39 4.49 4.65 -
Unity Standard 6.39 5.29 5.45 -
Wairarapa Building Society 6.15 4.59 4.59 -
Westpac 6.09 5.09 5.05 5.35
Lender Flt 1yr 2yr 3yr
Westpac Choices Everyday 6.19 - - -
Westpac Offset 6.09 - - -
Westpac Special - 4.49 4.45 4.75
Median 6.15 4.67 4.85 4.85

Last updated: 30 October 2025 6:23pm

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