Partnership creates new revenue stream for brokers

by Caroline Dann22 Oct 2012

Australian First Mortgage (AFM) has signed a deal with property investment firm Forrester Cohen, which it says will enhance the broker proposition and create additional income streams.

Under the new partnership, brokers can refer clients who are looking to invest in property to Forrester Cohen’s network of advisers and properties.
Clint Hawthorne, AFM’s national head of sales said the partnership could be lucrative for brokers, while being underpinned by a strong “compliance framework.”
“[This will] safeguard brokers from any conflict of interest and potential liability issues for referrers. 
“[Forrester Cohen] bases its offerings around the provision of sound investment advice to the end consumer provided by qualified and authorised professionals whilst giving brokers the ability to generate additional income,” he said.