National accounting and wealth advisory group, Chan & Naylor have announced a joint venture agreement with mortgage originator, Origin Finance to provide broking services to Chan & Naylor clients nationwide.
The new business will be known as Chan and Naylor Finance and reflects the company’s commitment to provide complete advice to its client base.
The new venture will consolidate the various state based finance businesses operated under the Chan & Naylor brand under one new umbrella so as to better meet the requirements of all new and existing clients nationally.
“Ultimately our mortgage business can be comparable in scale to our accounting practice. Not least because our clients will appreciate the end-to-end solutions we will provide them in assisting them manage their investments,” said Ken Raiss, managing director of Chan & Naylor.
Under the agreement, Origin Finance will place and manage brokers within Chan and Naylor offices nationally.
“Initially we anticipate staffing Chan and Naylor Finance with existing Chan & Naylor personnel and Origin brokers. However, we will look to recruit some experienced brokers, especially those with banking or credit backgrounds to expand into new locations and grow the existing locations,” Origin Finance’s chief executive, Doug Daniell said.
Chan & Naylor Finance will also be launching their own Chan & Naylor branded home loans, bespoke loans for Chan & Naylor’s Property Investor Trust and SMSF