Mortgage broker partners with AFG

13 May 2015
| By Malavika |
image
image
expand image

Mortgage broker Professional Finance has announced a strategic partnership with Australian Finance Group (AFG), provider of mortgage broking services.

It comes after a lengthy tender process, at the end of which Professionals Finance chose AFG, which has access to more than 1400 financial products.

Professionals Finance chief executive, Andrew Gooding, said the partnership will help bring in new talent, adding the firm chose AFG for its high level of corporate governance within the financial services industry.

"They have strong relationships with consumer groups and are known for their integrity," he said.

"These factors certainly helped make the partnership decision a whole lot easier."

AFG has 2300 members nationally, and process around $4.5 billion of finance every month, and manages over $100 billion in mortgage finance.

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Interesting. Would be good to know the details of the StrategyOne deal....

21 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

2 weeks 5 days ago

increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...

3 weeks 5 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks ago

The Reserve Bank of Australia's latest interest rate announcement has left punters disheartened on Melbourne Cup Day....

1 week 6 days ago

Professional services group AZ NGA has made its first acquisition since announcing a $240 million strategic partnership with US manager Oaktree Capital Management in Sept...

1 day ago