Mortgage broker expands self-employed wealth arm

22 May 2021

Just Wealth, the financial advisory arm of Just Mortgages, has taken on 13 wealth advisers.

The first six advisers have completed their initial training and induction with seven more currently going through training and approvals.

Just Wealth plans to grow this figure to 28 advisers by the end of the year as part of its growth strategy.

All the advisers have joined the firm on a self-employed basis, which the firm said was particularly appealing to those wealth advisers who no longer want to be part of a corporate as well as existing self-employed advisers who do not have a large established client base. Just Wealth will provide advisers with leads provided through Just Mortgages client.

Since the start of the year, Just Wealth has received 100 applications, with 47 making it through to the interview stage.

Jonathan Williams, one of Just Wealth’s new advisers, said: “What attracted me to the role was the opportunity to create a successful business by building and expanding on the existing client relationships that the Just Mortgages’ advisers have established. 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 difference between Just Wealth and others is that they are building on successful foundations, and the members of the team I have met so far have been incredibly welcoming and friendly and given me the confidence to be the best adviser as possible.”

David Magee, head of wealth at Just Wealth, commented: “This is a great step for the Just Wealth division. 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. The addition of these experienced financial advisers will ensure we can deliver shrewd wealth advice to more and more clients.

“What is rather unique about the opportunity for those who are joining is they are fully autonomous. They can offer wealth advice across an extremely wide range of products enabling first-class tailoring of solutions. The only limit is their ambition.

“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.”

Professional Paraplanner