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ISCOVER
Staff Reporter
The stand alone mortgage broker will soon become an endangered species, Yellow Brick Road executive chairman Mark Bouris has claimed.
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According to Mr Bouris, as borrowers become increasingly time poor, their demand for expediency will increase.
“Savvy consumers will demand a one-stop-shop that offers personalised service coupled with a comprehensive portfolio of wealth management products and services,” Mr Bouris said.
Mr Bouris said he recognises the fact that consumers want everything from the one place, which is why he is currently expanding the Yellow Brick Road brand.
The company yesterday announced its bullish recruitment and expansion plans.
In the last 12 months Yellow Brick Road has tripled its branch numbers and hopes to do the same again over the coming year.
Mr Bouris said the company need to grow in a bid to really challenge the majors.
“The financial services industry is desperate for a shake-up, and Yellow Brick Road is determined to turn the industry on its head with our disruptive business model,” he said.
The company is currently recruiting wealth managers and potential branch principals who are experienced brokers looking to broaden their skill set into additional financial services sectors, including insurance, financial planning, superannuation, accounting and tax.
Yellow Brick Road will look to expand from the Eastern seaboard and open branches across the country over the next year.
“Yellow Brick Road has built a reputation based on a unique brand identity and an unwavering goal to change the way Australians manage their wealth,” Mr Bouris said.
“We look forward to meeting with experienced brokers who are keen to explore new and exciting opportunities with the fastest growing financial services firm in Australia.”
