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Aussie to grow broker numbers

by Staff Reporter7 minute read
The Adviser

Aussie has announced its bullish plans to increase the number of brokers operating under the brand by 25 per cent.

Speaking to The Australian Financial Review, Aussie executive chairman John Symond said the company also had plans to launch a new range of mortgage and personal financial products.

In addition, the brokerage will look finalise its plans for a mainstream wealth management firm.

According to Mr Symond, the brokerage will grow its number of brokers to 1,000 by the end of the year, recruiting up to 30 specialist wealth managers through organic means and acquisitions.

"We are going to be more aggressive in 2012. There is going to be sharper product, more bundling of products beyond mortgages and more advertising," Mr Symond told the paper.

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