With so many mortgage brokers caught in the web of aggregator takeovers and bank/institution buying, then selling, then not selling aggregation businesses, it’s no surprise we’re seeing higher anxiety levels amongst brokers than ever before.
It’s never been easier to become lost and lonely in the crowd when you find out you’re suddenly part of a massive amalgamated aggregation group.
Were you asked for your vote?
Were you consulted?
Did you have any idea this was going to happen?
Plenty of single-operator brokers will get lost and spat out the back of these burgeoning beasts. Good luck having any of your concerns or queries heard.
Between institutional owners and powerful shareholders, genuine broker-centric aggregation models have become a rare breed indeed.
We’ve already seen some brokers being asked to leave these groups because they simply don’t satisfy new aggregator ‘volume requirements’.
The sheep mentality is this; Join the masses, follow the crowd, fully conform and lose your individuality.
The salmon mentality is this; Swim upstream, fight the good fight, and then…spawn, reproduce, grow!
Purple Circle Financial Services will allow you to be the best salmon you can be...
Independent and broker-owned (shares are earned by brokers after achieving agreed volume targets), Purple Circle operates by a culture of mutuality and co-operation.
Important company decisions are put to it’s brokers and they are empowered to vote and make a difference.
The company’s mantra, ‘Empowering Brokers’ is so far removed from major aggregators it’s become ludicrous.
You don’t have to follow the masses,
reclaim your ground.
Be the salmon and your true self with Purple Circle Financial Services.