Just Mortgages is set to launch a wealth division in January 2021 entitled ‘Just Wealth’.
As part of the launch, Just Mortgages will provide training to mortgage brokers for them to become wealth advisers.
Just Mortgages is looking for 15 potential wealth advisers to join before January.
Preparing for the future with greater ancillary product penetration
Each adviser will be self-employed and so will have the autonomy to run their own business.
Mortgage brokers will initially join Just Mortgages self-employed division.
The training, which is free, will be provided through an academy in partnership with Openwork.
The course is the equivalent to a one-year degree and advisers will complete the CII Diploma in Regulated Financial Planning to become Level Four qualified in investments and pensions.
Furthermore, the course will require three days a month of study over 12 months, and it will be entirely online.
Carl Parker, national director of the Just Mortgages self-employed division, said: “We already have thousands of clients getting expert mortgage advice from Just Mortgages advisers and by establishing a wealth division, we can also offer them exceptional wealth management.
“The advisers who join Just Mortgages wealth division will be provided with leads from our Just Mortgages client database, as well as being able to find their own leads.
“We have ambitious plans for this division, as there is a growing need and demand for good quality investment and pensions advice that sits alongside mortgage and protection recommendations.”