LMG

Office address: Level 7 44 Martin Place, Sydney, New South Wales 2000, Australia
Website: www.lmg.broker
Year established: 1994
Company type: Financial services
Employees: 400+
Expertise: Home, commercial, and investment loans, insurance, financial services, first-home buyer services, mortgage broking
Parent company: White Family Group
CEO and key people: Sam White, executive chair
Financing status: -

LMG is the largest mortgage aggregator group across Australia and New Zealand. It supports a network of more than 6,000 mortgage brokers and advisers. Esteemed for its family-owned leadership, LMG empowers businesses to thrive under their brand or the prestigious Loan Market brand. The group holds partnerships with more than 60 banks and lenders.

History of LMG

Established in 1994, the aggregator has since seen rapid growth. It has evolved into the largest and most progressive aggregator group in Australasia. The group is recognised for its significant community and innovative approach to mortgage broking.

Products and Services of LMG

LMG distinguishes itself by offering a wide range of services designed to elevate the mortgage broking experience, including:

  • Member Plan: Features the award-winning tech platform MyCRM, built-in compliance solutions, and support through a local compliance coach and daily online training. Members enjoy keeping 100% of their commissions for a monthly flat fee
  • Partner Plan: Builds upon the Member Plan by adding business coaching, recruitment support, and advanced marketing automation, among other benefits, for a monthly business fee plus a revenue share
  • Loan Market Service Plan: This plan includes all the Partner Plan offerings, along with the trusted Loan Market consumer brand and comprehensive 'done-for-you' marketing support, for a monthly business fee plus revenue share
  • MyCRM Platform: A comprehensive tech solution that optimises the mortgage process, emphasising compliance and efficiency. Features include automated document collection, lead conversion enhancements, and an intuitive client management system. It's designed to streamline broker operations, ensuring a seamless client experience while bolstering business growth

Culture at LMG

LMG champions a culture of collaboration, innovation, and responsibility. It fosters a work environment where challenges are embraced, goals are pursued collectively, and trust is earned through consistent delivery. The organisation is dedicated to making a positive impact not just within the company but also in wider industry and the global community. 

About LMG Executive Chair Sam White

Sam White has been leading LMG as its executive chairman since June 1994. He also serves as director of real estate giant Ray White, installment payment platform Splitit, and location-tracking and communications solutions provider Localz. White boasts decades of experience in the mortgage and finance industry.

Under his leadership, LMG has emphasised the importance of culture and is looking forward to continued growth, with a focus on innovation and excellence in the mortgage broking industry.

The Future at LMG

LMG is poised for continued innovation and growth. With strategic partnerships, like the one with Equifax for employment income verification, LMG is enhancing the broker experience by streamlining processes and ensuring security and compliance. These initiatives demonstrate LMG's commitment to leveraging technology to save brokers time and improve their business operations. It also indicates a promising horizon for the company and its community.

MFAA National Excellence Awards to honour industry’s best

Record entries received for prestigious event on July 25

LMG's Brokerversity reaches 50,000 completed modules

Aggregator appoints broker education sales manager to lead stakeholder engagement in the courses

Brokers play key part in new Athena loans

BDM and credit teams boosted as lender targets investors, self-employed

Broker channel reaches new heights

Aggregators roundtable discusses market share, serviceability, payroll tax and more

Viking Aggregation boosts teams with new additions

The appointments are part of the aggregator’s preparations to launch its residential and commercial offerings

LMG's new tool boosts client engagement

Brokers using the SmartData application reduces days from their lodgement times

Podium Money adds head of distribution and partnerships

He will manage key business partners and assist with lender and aggregator relationships

LMG's information security head bags cybersecurity award

Aggregator says the recognition highlights its commitment to fostering a cybersafe environment for brokers

Support specialists key to brokerage growth – LMG

Aggregator hires 100 customer service managers monthly

Helping people achieve dreams drives new broker

Roy Fleming relishes career switch from media to broking