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Aggregator hits record settlements

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The Adviser

Staff Reporter

A jump in the number of brokers has helped drive one Connective’s settlements close to the billion dollar mark in December.

Connective principal Mark Haron said settlements for the month of December eclipsed $966 million, providing a solid foundation for further growth in the year ahead.

“Our broker numbers continue to grow and we believe we can reach the $1billion milestone in 2011,” Mr Haron said.

“While there is no shortage of challenges in the current market, there are also plenty of opportunities for proactive and focused brokers to write business and our December figures demonstrate this.”

Westpac continued to lead the major banks with Connective brokers in 2010, with the lender doubling the size of its loan book with Connective over the past 12-months to sit at $4 billion.

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