ProtectionJul 6 2021

Openwork Partnership expands graduate scheme

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Openwork Partnership expands graduate scheme
Image by Gillian Callison from Pixabay
ByRuby Hinchliffe

Financial advice network The Openwork Partnership has expanded its graduate recruitment scheme, which offers degree holders the opportunity to work within its network.

It has now opened up posts across its head office, as well as within the team supporting the roll-out of its new customer relationship management system for advisers, ConcertHub.

The network intends to recruit 15 more graduates with 2:1 degrees or above. Applications for its two-year fixed-term scheme close at the end of July.

These graduate trainees will work with adviser firms, and can apply for rotations within its head office across departments such as business change, technology, operations and HR.

Openwork Partnership claims to house more than 4,300 financial advisers across the UK which manage in excess of £20bn in client funds. 

Carrie Morris, the network’s chief people officer, said: “We want to lead the market when it comes to making sure our teams and network of advisers reflect the diversity of the communities we serve.”

Launched back in October 2019, the network’s graduate scheme recruited some 19 former students at the beginning of this year. 

Openwork Partnership said this was part of “an ongoing recruitment drive” more widely across the network. In April, the network said it achieved its “best ever” quarter for recruitment, onboarding 257 advisers in the first three months of this year.

Claire Limon, the network’s wealth director, said she saw “particular success in the mortgage and protection sector” in the quarter.

The record recruitment figures followed an image overhaul. Back in February, the network rebranded from Openwork to ‘The Openwork Partnership’. It said it aimed to become "the leading network ranked on better outcomes for more clients, by reputation and by growth across the business". 

A month later, Openwork Partnership extended its platform agreement with Embark to 2026.

The distribution deal was carried over after Embark acquired Zurich’s investment and retail platform in 2019.