Mortgage Choice has announced its financial planning arm, Mortgage Choice Financial Planning, is now “fully operational” with its key partners confirmed.
It follows a soft-launch in August when, at the time, CEO Michael Russell told Australian Broker Online the company had ambitious plans for its growth.
“We want to be Australia’s fasted growing branded financial planning organisation. The measure there is that we want to have at least, in three years’ time, 60 significant financial planning franchisees,” he said.
Today, it announced a partnership with specialist investment research house, van Eyk, and its management consultancy division, The Encore Group.
The company said its financial planning arm would operate as a second franchised business to its existing mortgage broking operations, with brokers and planners serving separately as specialists in their field.
“We have recruited a team of industry experts and partnered with specialist providers to build a best in class dealer group,” said Tania Milnes, general manager for Mortgage Choice Financial Planning.
Ms Milnes confirmed the company had also partnered with Asteron, CommInsure, Macquarie
Life, MLC, OnePath and TAL for risk insurance.