Openwork has revealed that it experienced its most successful year for a decade in terms of new mortgage firm and adviser recruitment in 2018.
In 2018, 508 new mortgage advisers joined the Openwork network in both new and existing firms resulting in the total number of advisers across the group standing at 3,885.
John Cupis, mortgage director, said: “These historic results are testament to our strong proposition and support for firms wanting to grow or diversify their client offering.
“We established ‘Route to Wealth’ as a bespoke upskilling programme last year for mortgage firms wanting to broaden into pensions and investments. It is available to new firms and some have taken it up within a few months of joining.”
Stephen Wildgoose, Openwork’s recruitment and growth director for mortgages and protection, added: “I am incredibly proud of what we have achieved in the past 12 months. In 2018 the recruitment team appointed 68 new mortgage firms in a monumental year for our adviser recruitment drive.
“It signifies a strong endorsement from advisers who choose to develop their careers with Openwork. We are increasingly recognised in the industry for being a profitable, growing, supportive and positive partner, providing outstanding services for professional advisers in the UK. We look forward to more businesses and advisers joining us in 2019 and beyond.”