Powered by MOMENTUM MEDIA
the adviser logo
Broker

Australia’s top brokerage revealed

by Huntley Mitchell & James Mitchell4 minute read
Aussie Home Loans

The country’s number one brokerage has attributed its success to its recognisable branding and its diversified distribution model.

For the third consecutive year, Aussie Home Loans finished first in The Adviser’s Top 25 Brokerages rankings, beating stiff competition from across Australia.

To continue reading the rest of this article, create a free account
Already have an account? Sign in

Aussie increased the size of its loan book by 11.5 per cent compared to 2013, while its average monthly broker productivity grew just over $1 million.

Aussie chief executive James Symond said the group’s brand has been “an absolute juggernaut” in delivering success, and executive chairman John Symond has done “a marvellous job” of being intertwined within the brand.

Advertisement
Advertisement

“Having not only this coloured logo, but a trusted face alongside the brand has made all the difference in the world. That has to be a key pillar obviously,” he told The Adviser.

“To have a founder like John who was okay with putting himself front and centre with the brand, that’s a really cool thing.”

Mr Symond said Aussie’s diversified distribution strategy is the group’s key point of difference.

“We are the only brokerage out there on any national basis that has a significant, diversified distribution model,” he said.

“We can take a butcher, a baker, a candlestick maker and turn them into a broker most of the time, put them successfully into our mobile channel and then have them move successfully, if they choose, to the retail channel, which is a complimentary channel. Or, if they choose ultimately to go into the third channel, which is gaining traction – [the] wholesale aggregation channel called nMB.”

Mr Symond said the most important thing a brokerage should have is a good culture.

“You’ve got the strategy – great; you’ve got the brand – great; but if you don’t have the culture right or the culture isn’t made up of the right people, you will never turn a business into a good business,” he said.

“To me, culture eats strategy for breakfast. It’s a really important thing.”

Mortgage Choice retained their second-placing in the Top 25 list, while new entrant Smartline Personal Mortgage Advisers finished third.

Click here to see the full list of The Adviser’s Top 25 Brokerages 2015.

[Related: Aussie recruits 1,000th broker]

Australia’s top brokerage revealed
aussiehomeloanslogo  x
TheAdviser logo
aussiehomeloanslogo  x

JOIN THE DISCUSSION

You need to be a member to post comments. Register for free today

MORE FROM THE ADVISER

Anja Pannek CEO PLAN

Anja Pannek named MFAA CEO

The board of the Mortgage & Finance Association of Australia (MFAA) has confirmed that Anja Pannek will be the...

READ MORE
mike felton mfaa ta jdayl5

Aggregator heads reflect on Mike Felton’s legacy

Following on the news that Mike Felton is to retire next month and step down as chief executive of the Mortgage &...

READ MORE
melanie kiely afg ta mzh8zm

AFG non-executive director steps down from board

Australian Finance Group Ltd (AFG) has advised that Melanie Kiely will be stepping down from the AFG board to...

READ MORE
magazine
Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more