Vow Financial is targeting significant growth in WA, CEO Tim Brown has said.
Following the appointment of Margaret Fraser as state manager for WA, South Australia and the Northern Territory, Brown has told Australian BrokerNews he hopes to see Vow grow to 100 brokers in WA within the next year.
"Her role is probably 70% growth and targeting new opportunities for Vow, and 30% maintaining the presence we've already got. We've got about 30 brokers there now," he commented.
Brown said Fraser's role was created specifically to target growth in the region.
"We had a BDM there who was part-time, but decided that didn't work. We disbanded the role and held off waiting for the right person. Margaret ticks all the boxes," Brown said.
Brown predicted the company would see rapid growth in WA, saying there were already "a number of groups with interest". He commented that the ability to diversify income would serve as Vow's drawcard in the region.
"We'll probably see Vow Legal launched within the next couple of weeks, and we'll see our white label project as well," he said.
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