Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Aggregator announces new partnership

partnership  x partnership  x
James Mitchell 5 minute read

Two Western Australia-based aggregation groups have joined forces to provide a fully integrated third-party distribution system.

Ballast Finance and Specialist Finance Group today announced that they have entered into a joint venture agreement. The organisations will combine strengths to provide a total systems solution to both broker networks.

The joint venture combines the resources and expertise of Ballast, the Ballast broker network, and Specialist Finance Group.

"This agreement represents each organisation’s strong commitment to provide brokers with a single source for the best in aggregation service,” Ballast Group managing director Wayne Blazejczyk said.

Advertisement
Advertisement

“This joint venture also expands the Ballast branded loan offering for our broker network and sets a total systems solution,” Mr Blazejczyk said.

“When these quality service components are combined with the Ballast and Specialist aggregator reputation for excellence in broker support, you have a situation that can’t be matched in the third party mortgage broking industry.”

As part of the joint venture arrangement, operational management of Ballast Finance will relocate to the Subiaco offices of Specialist Finance Group. The transition of the integrated services will be overseen by Frank Paratore, head of Ballast Finance, who will take up exclusive management of Ballast Finance at the new offices.

More to come. 

Aggregator announces new partnership
partnership  x
TheAdviser logo

If you have ever considered how you could better service your SME clients but lack the knowledge or confidence to do this beyond referring them on, this is a must-attend event for you. Don't miss SME Broker Bootcamp, a jam-packed, free-to-attend, practical workshop. Register today and secure your place at this interactive, flexible, must-attend event.

PROMOTED CONTENT


partnership  x
James Mitchell

James Mitchell

James Mitchell has over eight years’ experience as a financial reporter and is the editor of Wealth and Wellness at Momentum Media.

He has a sound pedigree to cover the business of mortgages and the converging financial services sector having reported for leading finance titles InvestorDaily, InvestorWeekly, Accountants Daily, ifa, Mortgage Business, Residential Property Manager, Real Estate Business, SMSF Adviser, Smart Property Investment, and The Adviser.

He has also been published in The Daily Telegraph and contributed online to FST Media and Mergermarket, part of the Financial Times Group.

James holds a BA (Hons) in English Literature and an MA in Journalism.

 

 

more from the adviser
Finsure rebrand

Breaking News

Finsure sale clears regulatory approval

APRA has given the green light to BNK offloading its mortgage agg...

house sold

Breaking News

Hot Property: The biggest property headlines from the week 17-21 January

The weekly round-up of the biggest news stories from across Momen...

mortgage growth

Breaking News

AFG broker lodgements hit new record

Brokers aggregating under the group wrote a record $92 billion of...