MortgagesJul 26 2016

Stonebridge launches DA proposition

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Stonebridge launches DA proposition

Stonebridge Group has launched a new proposition for directly authorised advisers, Stonebridge Genus.

The mortgage and insurance network will now let DAs ‘pick and mix’ life and general insurance panels, a choice of mortgage club, conveyancing, will writing and surveying.

They can choose support services from Genus, covering marketing, brand design, business development, human resources and web templates.

DAs can also secure access to Stonebridge’s technology, including its point-of-sale system ‘Revolution’, which has been designed to enhance everything from lead generation and sales progression through to business processing and customer retention.

Members will not be charged subscription fees to join, stated the network, with other benefits including paid-for membership to the Association of Mortgage Intermediaries and discounts on CeMap training, qualification resources and learning tools.

Prior to today’s (26 July) official launch, the new service has already attracted more than 100 individual DA users.

Managing director Richard Adams said it has been obvious for some time that many DA advisers were looking for a proposition which offered the benefits of Stonebridge’s relationships and terms.

“We all know that this current period, post-EU referendum, is uncertain and there will be many firms and individual advisers who value their independence, but also want to feel part of something bigger which is able to offer them support, structure and opportunities they may not be able to secure on their own,” he said.

“This is all about DAs spotting some of the gaps in their business and utilising Genus to fill them, while at the same time benefiting from our stability, protection and efficiencies.”

Stonebridge Group was launched in 1988 as an independent brokerage, which subsequently evolved into a network structure, gaining full authorisation of its 60 members in November 2010, with over 150 ARs now under its umbrella.

peter.walker@ft.com