Openwork adviser count exceeds 3,000

Ryan Bembridge

July 12, 2016

Openwork group’s adviser count has exceeded 3,000 for the first time in its history.

Openwork has 3,000 in its core network, its protection business Owl and its nationwide IFA firm 2plan wealth management.

The network is expected to oversee £10bn of mortgage lending this year after seeing business soar almost 50% year-to-date compared to the same period last year

Mark Duckworth, chief executive of Openwork, said: “Exceeding 3,000 advisers for the first time in Openwork’s history is a huge achievement for the business, particularly in light of the long-term fall in adviser numbers in the UK.

“Our growth, however, has not come at the expense of quality and it is extremely pleasing that Openwork continues to attract high-calibre advisers; something that speaks to the significant appeal of our proposition but also our unique structure, which gives firms joining us part-ownership of the business and influence over its direction.”

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