Expand your business
Are you ready to achieve your ambition of expanding your mortgage firm into wealth advice?
Are you ready to achieve your ambition of expanding your mortgage firm into wealth advice?
Turn today's mortgage clients into tomorrow's wealth clients
Openwork can help your firm build the capability, confidence and expertise to introduce wealth advice successfully. It is an opportunity to do more for the clients who already know and trust you, while creating new routes to sustainable growth.
Statistics
Broader opportunities for growth
Around half of firms across the Partnership now offer both mortgage and wealth advice, creating opportunities to deepen relationships and deliver greater value to clients.
Valued by advisers
80% of advisers are satisfied with both the mortgage and wealth propositions, reflecting the strength of the support and solutions available.
Why expand into wealth?
Your clients already trust you. Wealth advice helps you do even more for them.
Many mortgage firms have untapped opportunities within their existing client bank. Clients who first approached you for a mortgage may later need advice as their income, family, assets and ambitions change.
Introducing wealth advice can help you:
- Deepen client relationships
- Increase client retention
- Create additional revenue streams
- Support clients across more of life's financial decisions
- Build a more resilient business
Build new capabilities with Openwork
Expanding into wealth advice is a significant step, but you will not have to make it alone.
Openwork provides structured development and specialist support to help firms assess the opportunity, build the right skills and introduce a broader proposition responsibly.
Whether you are exploring what is possible or preparing to take the next step, you will have access to training, technical and compliance expertise, proposition support and experienced professionals who understand the journey.
Proof
Structured development
Guidance designed to help firms confidently expand into wealth advice.
Specialist expertise
Access technical, compliance and proposition experts when you need them.
Proven support
Learn from experienced professionals who understand the journey.
Long-term partnership
We're invested in helping your business grow sustainably.
What firms tell us
Real firms. Real growth stories.
After building a successful mortgage and protection business, Ben Small recognised that clients needed support beyond their immediate borrowing requirements. Through ongoing client conversations, he identified a growing demand for wider financial planning, including retirement and long-term financial goals, and wanted to provide a more holistic service rather than referring clients elsewhere.
The Openwork Partnership supported Ben's transition into wealth advice through guidance from his Partnership Development Manager, the Partnering for Growth programme, support with his Level 4 qualifications and a structured route into wealth advice. Ben credits this support with helping him understand the opportunity, strengthen his business and make the transition achievable.
The introduction of wealth advice enabled Ben to deepen existing client relationships and support clients through more stages of their financial journey, from mortgages and protection through to retirement planning and broader financial goals. It also expanded the firm's proposition, created opportunities for long-term client relationships and established a clearer pathway for future business growth and adviser development.
What could wealth advice mean for your business?
One client. More opportunities to add value.
Mortgage advice is often the beginning of a much longer client relationship.
By broadening your proposition, you can support clients through more of their financial lives, strengthen retention and create a more diverse and resilient business.
Outcome cards
Broader client relationships
More opportunities to support existing clients.
Increased business resilience
Additional income streams beyond mortgage activity.
Greater client retention
More reasons for clients to stay with your business.
Long-term growth opportunities
Build a proposition that evolves alongside client needs.
Why Openwork?
More than a network. A long-term growth partner.
When you join Openwork, you gain the backing of an organisation committed to helping your firm develop new capabilities, manage complexity and grow sustainably.
From training and compliance support to business development, technical expertise and a collaborative adviser community, the support is designed to help you move forward with confidence.
Supporting advisers and firms to build sustainable businesses.
- Specialist: Support Across compliance, technical and business development
- Community: Learn from advisers facing similar challenges
- Partnership: Focused on helping firms grow sustainably
Why Openwork?
When you join Openwork, you gain the backing of an organisation committed to helping your firm develop new capabilities, manage complexity and grow sustainably.
From training and compliance support to business development, technical expertise and a collaborative adviser community, the support is designed to help you move forward with confidence.
- Specialist: Support Across compliance, technical and business development
- Community: Learn from advisers facing similar challenges
- Partnership: Focused on helping firms grow sustainably
Ready to unlock your next stage of growth?
Talk to our recruitment team about how Openwork could help you introduce wealth advice, deepen client relationships and create new opportunities for your firm.