Powered by MOMENTUM MEDIA
the adviser logo
Growth

Industry veteran launches new franchise group

by James Mitchell4 minute read

One of the third-party channel’s most respected leaders has launched a new franchise operation for mortgage brokers.

MoneyQuest managing director Michael Russell today announced the launch of the group’s new business.

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

Mr Russell said the transition is welcome news to mortgage brokers seeking a forward-thinking environment to build a successful business in today’s digital age.

“MoneyQuest has long been known for its superior service and innovative practices,” he said.

Advertisement
Advertisement

“We have always attracted mortgage brokers of a certain ilk – brokers who are committed to building successful businesses they can call their own. Becoming a franchise offers the perfect opportunity to leverage our already progressive culture and give brokers a supportive and stimulating environment like no other.”

With a focus on intuitive technology and automation, the new MoneyQuest franchise system is also backed by an onsite film studio, a new online training academy and a strong multi-source lead flow.

Mr Russell said MoneyQuest is breaking new ground in the Australian finance market with its heightened level of broker support and digitally-empowered infrastructure.

“Today’s savvy consumer expects a lot more from their mortgage brokers and those mortgage brokers have the right to expect a lot more from the business behind them,” he said.

“I joined MoneyQuest in December 2015 after recognising huge potential in the brand and the need to engage more effectively with a new generation of consumers.”

The former Mortgage Choice boss said it became apparent that many of the industry’s brightest brokers were falling short of their potential because they had aligned themselves with a group that was incapable of providing any tangible value.

He said MoneyQuest is “highly selective” in the franchise owners it recruits.

“People who are aspirational will thrive in a culture like ours. They will revel in the opportunity to work alongside an elite management team and a franchise group of like-minded peers,” Mr Russell said.

“We’ve engineered an efficient modern day franchise system for the consumers of tomorrow. They’re much more discerning than ever before and they’re getting smarter every day,” he said.

“Consumers expect a professional, attentive service from genuine experts they can trust. MoneyQuest is now equipped to meet these increasing demands.”

[Related: Industry boss says turnaround times have failed to improve]

Industry veteran launches new franchise group
michaelrussell
TheAdviser logo
michaelrussell

James Mitchell

James Mitchell

AUTHOR

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

JOIN THE DISCUSSION

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

MORE FROM THE ADVISER

mark pesce futurist ajxjkn

Automation is changing, not replacing, the role of finance brokers

On Thursday (4 August), the Australian Financial Review (AFR) ran a story with the headline: “Finance brokers top...

READ MORE
des hang carbar zaheer jappie carclarity ta qtvnqr

CarClarity confirms partnership with car subscription platform

Established in March 2020, CarClairty is a finance platform that connects car buyers with more than 30 different...

READ MORE
anthony albanese profile ta vtpifc

Further grants confirmed for flood survivors, $47m pledged

According to a statement released by the federal government, the Back Home grant will be made available to impacted...

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