Resi Mortgage Corporation (Resi) has entered into a joint venture (JV) agreement with Shartru Wealth Management to bring financial advice into its suite of services.
The JV will lead to qualified advisers providing financial advice to Resi clients, working alongside Resi’s existing mortgage specialists.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Angelo Malizis, CEO of Resi said: "We understand the value of sound financial advice and this is something we have been planning for some time. Buying a home is the largest financial decision most people will make in their lifetime. It makes sense for home buyers to consider their broader financial goals and practical needs, so they can ensure their home loan fits their financial position now and in the future. It also benefits our franchisees, as many customers prefer the convenience of using one provider to manage all their investments needs."
Chairman of Shartru Wealth Management, Dr John Hewson, added: "Shartru Wealth Management was formed in 2012 and our directors all bring a minimum of 20 years experience in financial services. The partnership with Resi will allow us to reach more Australians and create opportunities for advisers looking for a new and growing dealer group with an established retail franchise."
It was in February 2013 that Resi Financial Services was launched as a pilot program in Resi’s Sutherland office.
Malizis said: "Resi has undertaken a considerable amount of time and diligence to find the best solution for our franchisees and our clients. We wanted to maintain our very strong focus on mortgages, but also ensure we could give our clients advice that matches the changing needs of Australian investors. The joint venture with Shartru was the natural outcome."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataResi Financial Services has been established so as to provide its clients with advice on financial planning, investing, estate planning, superannuation and a range of other services.
