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Aggregator

Connective breaks into WA market

by Staff Reporter8 minute read
The Adviser

In the month since its launch, Connective’s push into Western Australia has yielded promising results.

Last month the aggregator launched their aggregation model in WA to ramp up business and add to their 1000-plus brokers.

Connective Principal Murray Lees told Mortgage Business the launch had been a success with more than 120 interested parties attending.

“The interest has so far been enormous,” Mr Lees said.

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The aggregator has already signed up two broking groups with more expected to follow over the coming weeks as they terminate existing aggregator agreements.

“Brokers are beginning to understand that we have committed considerable resources to the West including putting in place a full time business development manager.”

According to Mr Lees, Connective’s aggregation model offers a refreshing change to other models currently available in the Western Australia market.

“There should never be a ‘master-servant’ relationship in place between an aggregator and their broker,” he said.

“We are prepared to back ourselves to win and retain broker business by the quality of service we offer, rather than rely on horrendously unfair contracts.”

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