Graeme Holm has invested almost two decades of hard work into establishing his career in the financial services sector. He gained his inspiration towards this niche when he learned of the poor level of financial dealings that Australians have to undergo. With great strength and vigor, he ventured out to open up his own broker firm that prioritizes paying off mortgage with a reduced interest.
Being the founder of Infinity, Holm explains his approach is different from that of traditional brokers in the sense that it uses a fact-finding technique, which includes going into great detail regarding household expenses, to accommodate clients with expert advice and practice. These expenses focus on needs, as well, as wants. His firm interacts with clients thoroughly, usually, spanning over multiple meetings to understand, analyze and assist clients in implementing scheduled cash spending budgets for various necessities such as groceries, fuel, travel etc.
The approach attracts all sorts of individuals and families and the firm hasn’t yet met a client it hasn’t been able to help. Infinity’s clients range from athletes like Paul Gallen to young navy officers. Infinity’s debit card concept is aimed at controlling consumer spending. This basically entails using cash to pay and if one doesn’t have cash, then he’s not buying it. Every dollar is assigned a purpose before being spent. This helps the consumer focus and learn the difference between a need (necessity) and a want (desire), all the while, he stays accountable to his goals.
Realistically, consumers’ hard earned money ends up being spent on things that just end up in the garbage just within a small period of being purchased, when this money could be and should be put towards their mortgage. This will not only help reduce daily interest but will also enable them to mitigate expenditure.
Having direct access to a form of financial security such as credit cards is an average enemy to consumers. A debit card can also operate with the same flexibility, as electronic spending is psychologically easier and instills less guilt in spenders. Statistically, it can be seen that nearly 30% of Australian households were over-indebted in the years 2015 and 2016. Capital cities Sydney and Melbourne ranked highest over accumulating households debts. This is why consumers should learn to exercise restraint when it comes to hyper-expenditure.
Graeme Holm explains that Infinity goes beyond commissions on mortgage products to earn money. It charges a fee to work out a debt reduction model and assigns clients personal bankers. It then charges 10% of clients’ annual debt reduction. The resulting benefit is that an Infinity client will pay more towards home loans in the first three months than he did in the 12 month period without the guidance and support from Infinity.
Infinity established a debt reduction model so as to counter the banks’ tendencies to discourage debtors from paying off their loans so quickly.
Infinity believes in a win-win situation for both the client and the company. It believes the stronger the result is for the client, the stronger it is for itself as well.
About Graeme Holm
Holm is a former Australian indoor soccer representative. He has over 15 years of experience in in the financial industry. His focus has been to keep banks honest. This passion resulted in accomplishing great endeavors. In 2012 Graeme was introduced to Rebecca, through mutual friends when he was in need of a trainer, whom he pursued with absolute persistence proving that persistence beats resistance. After 6 months, he finally got a date with her but this isn’t all to their story. This union went beyond just romance and towards corporate collaboration. Today, Rebecca and Holm together along with their team seek to progress in the finance protection, taking Infinity forward to higher levels. Learn more: https://www.crunchbase.com/person/graeme-holm