Just Mortgages is launching a new wealth division – Just Wealth – in January 2021. As part of this move, it will offer to train existing mortgage brokers as wealth advisers.

The course, provided in partnership with Openwork, is equivalent to a one-year degree and will see advisers study towards the CII diploma in regulated financial planning with a view to becoming level four qualified in investments and pensions.

Brokers will need to study online initially and then face-to-face, social distancing requirements permitting, for three days a month over a year using materials provided by Just Wealth.

All fees will be covered by Openwork and Just Wealth.

The latter is also looking to sign up experienced wealth managers to its new division.

Just Mortgages self-employed division national director Carl Parker says: “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. They will also be provided with leads from our Just Mortgages client database, as well as being able to find their own leads.

“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.

“We also have a huge database that has been previously untapped and the wealth managers who join in January will be first in line to benefit from this.”