Openwork reveals intake of new advisers

Openwork has announced that it attracted 559 new mortgage and protection advisers across its network last year.

The financial advice network suggested this built on a highly successful 2018 which had also been the network’s most successful year in a decade, when 508 new mortgage advisers joined.

Openwork, which operates as a directly authorised, multi-panel distribution network, revealed that it now had more than 3,900 financial advisers operating across the UK.

The network added that in the mortgage sector, it operates a panel of more than 50 lenders for mortgages and is among the top three networks for almost all the major mortgage providers.

Openwork mortgage director, John Cupis, said: “The record recruitment figures highlight the strength of Openwork’s proposition and quality of service, as well as our reputation as a progressive, profitable, and well managed network.”

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