Vow Financial announces partnership with My Local Broker
Vow Financial has partnered with the Gerry Ryan-backed My Local Broker as part of an aggregation agreement.
Set to launch in April this year, My Local Broker provides a retail and aggregation platform aimed at "facilitating relationships" between mortgage brokers and clients.
According to Vow Financial chief executive, Tim Brown, the mortgage aggregator shared a "similar mindset" with the My Local Broker team and this underpinned their partnership.
"Vow works hard to challenge the industry norm and provide more to our brokers and their customers," Brown said.
"We can work well together to help them hit their targets [and] we are excited to … provide the accreditations and support needed to launch their exciting new business."
My Local Broker's chief executive, Jaci Smith, echoed these sentiments.
"They were chosen because they are highly accommodating to our needs and are an incredibly nimble group. It's a mutually beneficial partnership and we're genuinely excited about what that will bring."
Michelle Middlemo, formerly of PLAN Australia and now the head of aggregation services at My Local Broker, said the partnership with Vow Financial will help bring "fresh ideas and innovation to the lending industry".
My Local Broker is part of the My Local Group which also includes New Age Broker and Chief Software.
Currently, My Local Broker has signed on 80 brokers and were looking to have 450 brokers on their platform in their first 12 months of operation.
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