Paul Barrett
Financial Wisdom has entered into a strategic partnership with Alliance Property Finance to give the clients of real estate group Hocking Stuart access to its financial advisory services.
“The alliance with Alliance Property Finance is an exciting opportunity to proactively partner and support a like-minded quality organisation that is committed to providing comprehensive financial services to Australian consumers,” said Financial Wisdom general manager Paul Barrett.
The core business of Alliance Property Finance has been to provide the clients of Hocking Stuart lending facilities to enable them to complete their real estate purchases.
However, last year the two organisations decided they would like to provide clients with a more comprehensive range of financial services and as such began to look for an appropriate alliance partner. In doing so they established a set of criteria the strategic partner would have to satisfy.
Alliance Property executive director Craig Dres said: “Financial Wisdom surpassed our criteria with its reputation, strength, national coverage, Commonwealth Bank affiliation, client focus and commitment to the provision of independent unbiased advice.”
The move represents part of Financial Wisdom’s National Alliance program, headed by Frank O’Shannnessy, which was initiated back in 2005.
“The Alliance Property Finance and Financial Wisdom alliance is an exciting opportunity to further build on our dealer group’s reputation for innovation in the marketplace,” Barrett said.
“This alliance enables both Alliance Property Finance and Financial Wisdom to remain focused on our respective core businesses whilst better servicing the needs of clients’ and providing new channels for both organisations to generate new business,” he added.
