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Vow Financial: a vision to empower brokers

by Tim Brown8 minute read
The Adviser

Whether it’s through the aggregator’s service commitment or its educational initiatives, Vow is committed to its brokers’ financial success

When Vow Financial opened its doors for business four years ago, it had a fundamental business philosophy – to empower its brokers – and this approach to business has underpinned Vow’s service offering ever since.

As chief executive officer Tim Brown puts it, “Our vision is founded on the original reasons for which Vow was established: to be different, to help brokers achieve their goals and to make them successful financially.”

Vow Financial is now one of the largest aggregators in Australia, with a loan book size of over $18 billion and a network of more than 750 loan writers.

In 2012/2013, we grew settlement volumes by 54 per cent, while we have also added Australian Property Finance to our operations, a real estate partnership with RE/MAX Australia to give brokers better lead generation options.

Why choose Vow Financial as your aggregator?

  • Flat fee, percentage and transactional commission models – you get to choose which one suits the stage of life of your business.
  • Cross-sell accessibility – simple referral programs that allow our brokers to fulfill more client requests and earn more revenue. Wealth management, legal, property and leasing are some of these services.
  • Award winning – we have won the award for Aggregator of the Year for the past two years in a row; the award for Innovator of the Year for the release of our widely successful iPhone app, My Mortgage Kit; and the Best Marketing award in 2012 – all this within our first two years of operation.
  • Vow Academy – this initiative, launched in 2012, offers webinars to all brokers throughout the industry as well as organising more than 100 events per year for our brokers nationally, covering areas such as compliance, marketing and sales support and designed to help brokers grow their businesses
  • Service commitment – we put a dollar value on our service by promising to return brokers’ calls within four hours or give the broker $100 – no questions asked.

To join an industry leader – and a more rewarding partnership – we recommend you give Vow Financial a call on 1300 656 922 or visit www.vow.com.au.

Tim Brown is chief executive officer of Vow Financial

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