Double win in diversification claims aggregator boss - Predictive Text (26 October 2011)

Wednesday, 26 October 2011

Multiple product and service offers will cement client relationships and protect them from being poached, according to Vow Financial CEO Tim Brown.

His comment follows the strengthening of the aggregator's move into the wealth management space with the opening of its second Sydney office, in Parramatta.

Vow Wealth Western Sydney is part of a push to create similar partnerships around Australia over the next few months.

National sales manager Justin Dale said the move shows Vow recognises the need for brokers to expand their business offerings.

"Vow Wealth can now offer a full financial planning structure to brokers; including mortgages, insurance and wealth management."

Dale confirmed that Vow Wealth will facilitate the training required for brokers to develop a full financial advisory business.

The Parramatta office follows an existing one in Crows Nest, North Sydney.

During November Vow plans to open a Vow Wealth office in Perth and another to service the Hunter region and Central Coast.

Offices are also being planned for Victoria and Queensland.