Aug 3 (Reuters) - Yellow Brick Road Holdings Ltd (YBR) : Yellow...

Aug 3 (Reuters) - Yellow Brick Road Holdings Ltd (YBR) :

• Yellow Brick Road Holdings Ltd moves to franchise structure and consolidates
• Wealth division will be restructured
• Says acquisitions were made to increase scale, market share and distribution

  to the existing business

• Says for wealth management "will consolidate the roles of CEO and national

  manager"

• Broader corporate restructure involves removal of number of management level

  roles across the company in lending, wealth, and marketing

• Changes follow the acquisition of four businesse resi mortgage corporation,

  vow financial, brightday and loan avenue