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Vow Financial will soon have a new pool of diversified-focused brokers after launching its own Certificate IV training.
The aggregator will debut its Certificate IV in a Finance & Mortgage Broking course on 16 June.
The course will last for eight days, rather than the standard three, so the 12 participants can learn about Vow’s diversified model, a spokesperson told the The Adviser.
“The use of Vow Wealth, Vow Leasing, Vow Legal, Vow Property, Vow Commercial, Allianz General Insurance & ALI will then form an integral part of the business process set up from day one for these new brokers,” the spokesperson said.
The training programs are designed to help Vow maintain its broker numbers as older loan writers leave the industry.
Vow said all parts of the industry had to work together to find and nurture new talent, especially as the third-party channel has continued to expand its market share to 50 per cent.
Associations need to attract new talent and map out a career pathway for them, the spokesperson said.
Aggregators must help newcomers build and grow their businesses, while experienced brokers should pass on their skills either in-house or as external mentors, Vow added.