New aggregator for Vega

Vega Mortgages is joining forces with the nation’s newest aggregator Finsure

Monday, April 22nd 2024, 12:07PM 2 Comments

The mortgage company was previously with NZFSG.

Founded by Harry Ferreira, Vega has grown into one of New Zealand’s biggest advisory services and has Bayleys Real Estate as one of its shareholders.

Ferreira says Vega is excited about the new partnership with Finsure. “In such a competitive market, we are always looking for ways to give our advisers the best possible tools to remain ahead of the competition.”

He says after detailed due diligence, Vega found Finsure’s technology and wide range of support services, including a dedicated credit support team, was what It needed to help achieve growth targets and take the business next level.

Finsure Group chief executive Simon Bednar says from the first conversation with Vega he knew the two businesses would be a good fit.

“Whilst we were confident our support services and technology will help Vega achieve its goals; it is our shared cultures that really stood out. Like Finsure, Vega prides itself on its close-knit family environment.”

Finsure NZ Country Head Jenny Campbell says the aggregator has a suite of different options for advisers, backed up by solid training and a comprehensive compliance programme. “We also have more innovations on the way, including market-leading
artificial intelligence tools.”

Tags: Finsure

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Comments from our readers

On 22 April 2024 at 4:50 pm valkyrie6 said:

Looks like the penny’s finally dropped at Bayley’s HQ in Auckland. If a real-estate company is going to have shares in a mortgage advice business, it’s probably not a wise decision to have that arm of your business using a third-party CRM which just happens to be owned by a competitor real estate company based in Australia i.e. Ray whites.
That would be like having a competitor real estate agent working out of every Bayley’s office in the country.

On 23 April 2024 at 8:43 am Amused said:

Spot on valkyrie. I'm surprised that it took Bayleys this long to figure the above out. Someone in their legal/due diligence team has finally woken up.

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