Just Mortgages has announced it is launching a new wealth division, Just Wealth, in January.

The mortgage adviser indicated it will provide training to its mortgage brokers for them to become wealth advisers.

The training will be provided through an academy, in partnership with Openwork, with Just Wealth and Openwork covering the fees for the course, worth an estimated £10,000.

Once qualified, the advisers will benefit from leads provided from Just Mortgages’ database of over 40,000 existing mortgage and protection clients, and the advice offered by the Just Wealth division will add to the existing mortgage and protection advice provided by Just Mortgages.

The firm added that it is looking for 15 potential wealth advisers to join before January and that mortgage brokers interested will initially join the Just Mortgages self-employed division.

National director of the Just Mortgages self-employed division, Carl Parker, 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 have all the benefits of being self-employed, being free to work when and where they want to. However, they will also be supported by the Just Wealth team, with compliance, all the backing they need and the benefits of being part of a team while running their own operation.

“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.”

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