The Adviser Alliance has announced how it will deliver its revolutionary mortgage club proposition.
Brilliant Solutions has been chosen to provide the operational support that will enable The Adviser Alliance to enter the mortgage club market.
Through its subscription based model, Brilliant Solutions’ operation allows a 100% profit share to be paid back to the broker.
Martin Stewart, co-founder and director of The Adviser Alliance, said: “This is a massive step forward for us and another key piece of the jigsaw is now in place.
“The Adviser Alliance is a new model, offering 100% of procuration fees back to brokers via a monthly profit share, in return for a modest membership fee.
“We can do this because we have the support of Brilliant Solutions, a business with a fantastic reputation and that has been active in this market since 1996.”
Matthew Arena, managing director of Brilliant Solutions, added: “We are delighted to partner with The Adviser Alliance to deliver a truly innovative service to the intermediary market.
“This is a big moment for the many brokers in the market who just look at mortgage clubs as a payment route and we are proud to have been selected to deliver it.”
The Adviser Alliance opens on the 31 May.