Aggregator opens financial planning franchises

by Mackenzie McCarty05 Dec 2012

Mortgage Choice has announced the opening of its first financial planning franchises in Brisbane and Sydney.

After becoming operationally ready to provide advice in October, Mortgage Choice Financial Planning’s first franchisees, Brisbane-based Kayla White and Sydney’s Fairien Azeem have opened their doors this month.

General manager, Tania Milnes, says the two are already doing business.

“On top of their existing customer pipeline and the strong lead flow from the mortgage broking side of the business, they are receiving a steady stream of risk insurance enquiries from Mortgage Choice’s acquired comparison website.”

Azeem spent 14 years as co-owner of a Mortgage Choice franchise, while White worked closely with a Mortgage Choice franchise, looking after their risk insurance, superannuation and investment referrals before being approached to become an equity partner.

The brand’s target is to have ten Mortgage Choice Financial Planning franchises open to test its systems, processes and proposition, in what is being called a soft launch, before the full roll-out planned for July 2013.