Community Broker Network
We are proud to be a member of Community Broker Network (CBN).
Community Broker Network (CBN) is the licensed Financial Advice Provider that supports authorised brokers like Redwood. Like a redwood grove, this structure brings shared strength and support, providing a broader canopy behind the advice you receive.
This page explains the relationship so you know who sits behind the licence and what it means for you as a client.
Who is CBN NZ?
Community Broker Network (CBN) is Australia's largest authorised representative (AR) network for general insurance brokers, backed by the ASX-listed Steadfast Group. Founded in 2017, CBN supports over 900 brokers and 340+ AR businesses with licensing, technology, and market access.
CBN provides support, resources, and, in many cases, exclusive access to the insurance market to independent brokers like Redwood, allowing us to focus on advising you, our clients.
How does Redwood fit in?
Redwood is an Authorised Body engaged to provide regulated financial advice under CBN NZ’s Class 2 FAP licence. In everyday terms, Redwood gives you the advice and service, and CBN NZ is the licensed provider framework we operate under.
What this means for you
This structure is designed to give clients clear guardrails and accountability:
Regulatory oversight: We must hold, or operate under, an FAP licence issued by the FMA.
Clear duties when giving advice: Priority to your interests, care, diligence, and skill, and meeting the professional
Support behind the scenes: CBN NZ exists to help authorised brokers with practical support and systems so you get the very best service and advice available.