Wizard Home Loans founder Mark Bouris has launched a revolutionary financial services business which he says could be bigger than Wizard within five years.
Bouris, who sold Wizard to GE Money in 2004 for $500 million, has been tied to GE since the sale and his contract forbade him launching any competing businesses. But in the background he was busy assembling the foundations for his new venture, Yellow Brick Road.
The company is a “one-stop shop” for every essential financial service, from accountancy to mortgage broking, financial advice, stockbroking, wealth management, estate planning – even a book-keeping service for small businesses.
“This is all about breaking the mould,” Mr Bouris said. “About making things easy and helping people get organised.
“How many times do you hear people asking if you know a good accountant? Then you have to find a financial planner. Then somebody for your mortgage. Then maybe somebody to do the books at your business. Read on…