Just Mortgages’ new financial advice arm, Just Wealth, has recruited 13 advisers with plans to increase the headcount further this year.
Just Wealth, which launched in January, said the advisers are already advising clients on areas including corporation tax, pensions and investments, and that it planned to grow to 28 advisers before the end of the year.
According to Just Wealth, it has received more than 100 applications from financial advisers looking to join its division since the beginning of the year, with 47 being shortlisted for interview.
Advisers join the firm on a self-employed basis and manage the running of their own businesses and careers, while being provided with leads from Just Mortgages, training, compliance, mentoring and marketing support.
Jonathan Williams, adviser at Just Wealth, said: “This supply of leads really makes Just Wealth stand out, as it is something you would not expect to receive from most other companies.”
The financial advisory said brokers at its sister firm, Just Mortgages, were seeing clients frequently asking for recommendations for wealth advice.
David Magee, head of wealth at Just Wealth, said: “Since we launched at the start of the year, there has been huge appetite with the brokers from Just Mortgages looking to refer clients in need of wider financial advice.
“People are increasingly looking for recommendations from trusted contacts when seeking financial advice or a financial adviser; now we are bringing on more advisers, we will be really well placed to help advise this flow of clients.”
Last month mortgage broker Alexander Hall entered a partnership with Skipton Building Society to refer its clients to Skipton for advice on pensions and investments where needed.
chloe.cheung@ft.com
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