Five Years Not Out – MoneyQuest Celebrates 5th Anniversary of Franchise Model

Today marks five years since thriving mortgage broking business MoneyQuest began its franchise operation, giving the company’s executive team and extensive network of mortgage brokers yet another reason to celebrate.

In May 2016, MoneyQuest formally announced the launch of its franchise model, with MoneyQuest Ringwood becoming the company’s first official franchise. Since then, the business has grown exponentially, with a high calibre stable of finance professionals joining its ranks and opening offices right across the country.

MoneyQuest’s original franchise owner, Michelle Harvey of MoneyQuest Ringwood, reflected on the past five years and her time with the MQ brand thus far.

“Since joining MoneyQuest as a franchise owner I have never looked back. Establishing a finance business within my local area of Ringwood, and having the opportunity to service the local community has been a dream come true. I’m incredibly grateful to the entire MoneyQuest team for the support and guidance they have shown me over the journey, and I’m excited to share that I have just renewed my franchise agreement for another 5 years.”

MoneyQuest Managing Director Michael Russell also shared in the excitement of the occasion and expressed his admiration for all of those that have contributed to the company’s success.

“What a whirlwind 5 years it’s been! Our original hope was to build something unique for individuals looking to be self-employed, and to give them the opportunity to feel immensely proud of their work. And whilst the business has faced serious challenges throughout its formative years in the form of the Financial Services Royal Commission and the global COVID-19 pandemic, we have managed to deliver a bespoke and productive franchise model. In turn, we have been overwhelmingly rewarded with the group of franchise owners that have joined us, who are quite simply amazing.”

MoneyQuest currently has 101 franchises nationally.

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The Money Quest Group (MQG) is one of Australia's leading boutique mortgage broking businesses, with a network of more than 600 brokers nationwide. Known for their exuberant culture and superior support, MQG provides brokers access to a range of financial products from more than 60 lending institutions and suppliers, and exclusive access to in-house benefits and services.

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