Broker firm, Just Mortgages, has restructured into two divisions to manage its growth, with changes taking effect this week.
The firm has grown at least 20% every year over the past seven years and the changes are designed to help it provide additional support to its employed brokers.
The two divisions – East and West – will have their own managing directors. The managing directors will oversee and run the growth of their divisions, while liaising closely with the Spicerhaart estate agency chains.
Under the financial services director for each division will eventually be 25 divisional sales directors (DSD), this number has grown from just 11 at the start of 2021. Each DSD manages, coaches and develops a team of mortgage and protection advisers.
Just Mortgages recently expanded the services that it provides, beyond mortgages and protection to also encompass equity release and wealth management. The wealth management service will look beyond a client’s mortgage and protection needs to provide pension, investment and savings advice as well as a wills service.
The goal now is to double the number of employed mortgage and protection advisers from 125 to 250. At the same time Just Mortgages aims to increase its wealth business (Just Wealth) ten-fold over the next year to £30,000,000 of business.
The two managing directors have been promoted from within Just Mortgages, providing further opportunities for promotion throughout the organisation. Tommy Taylor will become the managing director for the eastern division and Duncan Jones will manage the western division. Both were previously Just Mortgages’ financial services directors.
John Phillips (pictured), national operations director of Just Mortgages and Spicerhaart, said: “The team has pulled together in both good times and bad to achieve a truly phenomenal level of growth over the past few years. We have continually grown both the number of clients and the level and frequency of service we provide each client.
“We have done this at the same time as expanding the services that we provide them. Our aim is to grow by providing a truly holistic financial advice service, looking after every part of a client’s financial needs.”