Just Wealth surpasses 2022 total for referrals and new business

11 October 2023

Just Wealth, the financial services arm of national brokerage Just Mortgages, has announced it has already surpassed its 2022 totals for both referrals and business written.

Advisers at Just Wealth have seen increasing demand for financial advice, such as pensions, savings and investments. Ahead of the final quarter of the year, brokers from its sister firm Just Mortgages have already helped exceed last year’s total of over 1,200 referrals and is forecast to close the year 155% ahead of 2022’s referral total.

In response to the high level of referrals supplied to its financial advisers, Just Wealth has recently launched its own internal referral portal to assist with tracking the life journey of its referrals and automating the feedback loop back to the introducer.

Called ‘Just Refer,’ the new digital system aims to make it much easier for brokers to refer clients for financial advice and provide a clear line of sight throughout the process - all the while working in harmony with the Consumer Duty requirements for brokers.

As referrals and new business have consistently grown, Just Wealth has expanded its roster of wealth advisers across the country. In fact, the company almost trebled headcount in one year, closing in on 30 advisers to meet rising demand.

Dave Magee, head of wealth at Just Wealth, said: “Today’s news is a real testament to the fantastic partnership that has been built between our advisers and brokers at Just Mortgages. It also highlights the clear demand in the market for wider financial advice. Savvy brokers are understanding this and making the referrals – not just to increase their value to the client, but to capitalise on the revenue share in a difficult market.

“Growing a client bank is always a concern for any financial adviser when joining a firm. This clearly demonstrates the healthy pipeline found at Just Wealth. Combine this with leading platform services and ongoing training, marketing and compliance support and we believe we offer a valuable proposition. As Just Refer continues to streamline the entire referral process for brokers, we’re only expecting numbers to increase further.”

Just Wealth advisers are all self-employed and benefit from the freedom to advise, whether it’s pensions, savings and investment advice, or inheritance tax, wills, estate planning or family and business protection. Its proposition has proven popular with more established wealth advisers who no longer want to be a part of a corporate, while also appealing to existing self-employed advisers who do not have a large base of existing clients.

Those looking to join Just Wealth can visit www.justwealth.co.uk/careers/ or contact the team via contactus@justwealth.co.uk or 0345 2185 211.