NAB Financial Planner Banking launches expansion strategy

financial planning businesses financial planners

3 June 2008
| By Liam Egan |

National Australia Bank Financial Planner Banking has embarked on an expansion plan that will see it represented in “every major rural centre” in Australia within 12 months.

To facilitate the expansion, NAB has increased its number of accredited bankers by 7 to 23, a 44 per cent increase on last year, and increased its accredited credit partners by 14, an increase of 9 on last year.

“Our goal is to have an accredited specialist banker to assist with the banking needs of financial planning businesses in every major rural centre around Australia,” national manager Malcolm Arnold said.

“We understand we are the only bank with specialised bankers on the ground in each state, and now we’re looking to roll out our strategy to financial planners in more areas of each state.”

Read more about:

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....

23 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 1 hour ago