We firmly believe that this model will create long-term business continuity for us as a head group while adding significant value to our advisers. Josh Bronkhorst new services over the past year, including new lenders on its panel, enhanced clientfacing online application systems through Advice Link, enhanced fire and general option, a property finance division, RE/MAX national referral relationship, and an admin support function. Advisers take the lion’s share of their commission. Under the Mortgage Link model, advisers receive 97%, 95% or 80%, depending on the model chosen. Mortgage Link and Insurance Link both offer branded options and non-branded options to advisers. Fee options range from fixed fee plus a share of commission, to
commission-only. Advice Link is Mortgage Link’s in-house CRM. Bronkhorst describes it as an “end to end system incorporating compliance requirements”, with a “strong focus on technology”. Brokers retain their data and trail commission if they choose to leave Mortgage Link, Bronkhorst says. The group’s panel features more than 30 lenders. Mortgage Link has life and general insurance arrangements through Insurance Link. It offers a group PI scheme. Bronkhorst says the group is keen to offer a choice on licensing. Mortgage Link will help advisers set up their own FAP and will also allow them to operate under its licence. Bronkhorst believes 90% of its advisers will elect to operate under its FAP licence. “We firmly believe that this model will create longterm business continuity for us as a head group while adding significant value to our advisers, who will be able to focus on providing superior outcomes to customers,” he adds. The group Josh Bronkhorst will offer a
wide range of support under the new regime, including an annual conference, professional development days, webinars, lender and insurance training sessions, level five modules, workshops, an internal collaboration platform, and licensing support. Bronkhorst says “significant brand awareness”, “trust, integrity”, “a strong focus on technology” and “succession planning options” make Mortgage Link a great choice for advisers.
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