BEE Mortgage Inc., a tech savvy full-service brokerage which operates on an advanced Proptech platform, joined its forces with Canada’s most respected VERICO Canada network. BEE Mortgage Inc. is operating on the RIFO platform, which includes dedicated real estate brokers, legal advisors, homes improvement services, that complete thousands of transactions from west to east coast of Canada every year. This partnership is a significant milestone for BEE Finance Group Inc., a rapidly growing Canadian financial technology services company which owns BEE Mortgage Inc.
“We are pleased to welcome Bee Mortgage Inc. to the VERICO network. Principal Broker and Chief Compliance Officer, Howard Brand, under the leadership of Charles Jiang, Chair and CEO, will be a force within the industry. VERICO’s business model was especially attractive to their leadership team as it allows them to continue to build their brand, their way while leveraging the tools and expertise available to the licensees within the network,” says W. Mark Squire, President of VERICO Canada.
“Through our partnership with VERICO we will dramatically increase the ability of BEE Mortgage to provide customers with the best possible results; combining companies whose great technology, people and branding are leaders in the mortgage, proptech and fintech industries,” adds Robert Fotheringham, Director, Board of Directors of BEE Mortgage Inc. and RIFO Holding Group Inc.
“We chose VERICO because of the strong support from the top executives, the flexibilities in branding options, and the technology that will support our future business growth,” adds Charles Jiang, CEO and Chairman of BEE Mortgage Inc.
Part of Canada’s undisputed #1 in origination, the M3 Group, the VERICO network prides itself of growing with like-minded entrepreneurs who reflect our core values of excellence, integrity professionalism and ethical standards. The new partnership created between VERICO and BEE Mortgage Inc. is a reflection of the mutual commitment to these core values that sets VERICO firms apart in the industry.
About BEE Mortgage Inc. Executive Team
Robert Fotheringham has previously served as a Director on a number of public and private company Boards. Mr. Fotheringham served on the Board of Directors for The Canadian Depository for Securities (CDS) Group of Companies, the CDS Audit/Risk Committee, and Certified General Accountants of Ontario’s Board of Governors (CPA). Robert is currently on the Board of Directors of BEE Mortgage Inc. and RIFO Holding Group Inc.
Charles Jiang is CEO of Bee Finance Group, Bee Mortgage Inc, and Queen Financial Group Inc. Mr. Jiang obtained his MBA from the University of Windsor Ontario in 1998. Mr. Jiang has won numerous awards: 2006 Outstanding Canadian Chinese Entrepreneur Award, 2007 Excellent Chinese Entrepreneur Award, 2008 Canadian Chinese “Best Startup Business” Award, 2008 “China`s Top Ten Economic Talents” Award, 2008 World Chinese Who`s Who, 2009 Top 25 Canadian Immigrants Finalist Award, the 2012 Queen Elizabeth II Diamond Jubilee Medal, Top 80 Chinese Entrepreneurs in 2013, Top 50 Advisors in Canada in 2014 by Wealth Professional.
Howard Brand holds over 20 years of experience in the mutual fund industry having implemented compliance and risk management programs across MFDA Member firms. In addition to his experience in the mutual fund industry, Howard has also held several roles in compliance working with banks, trust companies and insurance companies. Furthermore, he has been a licensed Mortgage Agent and Principal Broker of Queen Mortgage Brokers Corporation.
About Verico Financial Group Inc.
VERICO was founded in 2005 with a single idea: to unite top mortgage originators in Canada and create additional opportunities for this group of highly driven professionals. In 2010, VERICO reached $10 billion in collective loan volume, a number that rivaled the mortgage business of the big 5 banks in Canada. Today, VERICO originates over $18 Billion in volume. Operating at the highest degree of professionalism, excellence, integrity and ethical standards, we help 45,000+ families annually with their mortgage needs.
The M3 Group is the #1 originator and undisputed leader in mortgage brokerage across Canada. With 8300+ brokers and more than $50 billion in volumes on a trailing twelve-month basis, the technology driven, consumer obsessed group and its family of brands, Multi-Prêts Mortgages, Mortgage Alliance, Invis, Mortgage Intelligence, Verico, Simplinsur, M3 Tech, M3 Ventures, M3 Innovation Lab and YourMortgageMarket have a single mission: Make brokers more competitive through innovative technology.
Source: Verico Canada