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Aggregator

Ballast takes stake in aggregator

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The Adviser

Jessica Darnbrough

In a bid to boost its market footprint, Ballast has announced it will take a strategic stake in Members First Group.

The aggregator’s general manager Frank Paratore said the alliance would help the company to build upon its already successful operations.

“Both companies share commitment to providing excellent service, to respective wholesale and retail clients, both companies have outstanding business reputations for their respective brokerage and financial advisory services. The opportunity simply made good strategic sense,” he said.

According to Mr Paratore, Members First Group’s business values and ethics mirror Ballast’s business ethos.

“Both companies will work closely together to identify opportunities to add value to both Ballast and Members First businesses moving forward.”

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