Powered by MOMENTUM MEDIA
the adviser logo
Aggregator

Ballast takes stake in aggregator

by Staff Reporter7 minute read
The Adviser

Jessica Darnbrough

In a bid to boost its market footprint, Ballast has announced it will take a strategic stake in Members First Group.

The aggregator’s general manager Frank Paratore said the alliance would help the company to build upon its already successful operations.

“Both companies share commitment to providing excellent service, to respective wholesale and retail clients, both companies have outstanding business reputations for their respective brokerage and financial advisory services. The opportunity simply made good strategic sense,” he said.

According to Mr Paratore, Members First Group’s business values and ethics mirror Ballast’s business ethos.

“Both companies will work closely together to identify opportunities to add value to both Ballast and Members First businesses moving forward.”

default
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