The recruitment drive has been triggered by a sustained uptick in business enquiries and lending volumes.
Over the past 12 months Bower has grown its business by 50% and enquiry levels have risen 25% year on year.
It comes at a time of growing interest in equity release from homeowners aged 55 and over, with the latest industry lending figures showing a rise in new customers and record-breaking amounts of housing equity being released.
Geoff Charles, CEO of Bower Retirement Services, said: “We are offering dedicated advisers the chance to join a fast-growing ethical adviser service with an excellent reputation. Our particular brand of patient, empathetic customer advice is proving popular with customers – leading to unprecedented levels of applications. As a result, we are looking to increase our team of specialist advisers, enabling us to help even more homeowners to access equity safely, helping to improve their quality of life.”