Australian mortgage aggregator Vow Financial has named Michael Clifford as new head of wealth management.

In his new role, Clifford will be responsible for expanding the aggregator’s financial planning presence across Vow’s 700-memeber broker network, according to Australian Broker.

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The firm is also planning to hire experienced financial planners.

Clifford has 23 years experience in financial planning, with another five years experience in business coaching within the financial services industry.

Clifford said: "The opportunity within the Vow network for professional partnerships with financial planners is immense. All Vow brokers will be given the opportunity to work with Financial Planners if they choose, and not at the direction of Vow."

Tim Brown, CEO of Vow, said: "Michael is a welcome addition to the Vow Financial group and our continued plans for incorporating a fully diverse wealth business nationally. Financial Planning is an important component of the wealth journey for a client of a broker and Michael’s role will be facilitating this implementation for brokers who want to diversify and grow their business."

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