Openwork is set to have the best six months for recruitment in a decade as it continues its expansion mission.
The large financial advice network is accelerating its move into the mortgage and protection market and is forecasting 40 new adviser appointments in June alone.
The appointments will mark the first six months of 2019 as a record first-half of the year in recruitment — the best since 2007 and the second best in the network’s history.
It follows a similar recruitment drive as last year, in which Openwork achieved its best 12 months for recruitment of new mortgage firms and advisers in a decade, taking its total adviser count to more than 3,900.
To support the growth Openwork has hired Michael Cauchois as regional recruitment manager for the south.
He joined the network from Intrinsic — where he was regional director — and he has 38 years of experience in financial services and recruitment.
Stephen Wildgoose, recruitment and growth director, said: "Our strong proposition and support for firms wanting to grow or diversify their client offering is proving very successful and the appointment of Michael will provide more support in growing our mortgage and protection network.
"He brings extensive expertise in recruitment and distribution as well as a high level of positivity and professionalism in line with Openwork values."
Mr Cauchois said he was looking forward to promoting Openwork’s proposition, which he said would support business owners and advisers to run more successful and profitable businesses.
The appointment follows Openwork’s hiring of Carrie Morris as chief people officer in February as the network announced it would look to recruit an additional 250 advisers over the next three years.
Openwork Limited operates as a directly authorised, multi-panel distribution network and was rated one of the best companies to work for back in March.
It also featured in FTAdviser's Top 100 Financial Advisers list.
imogen.tew@ft.com
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