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Paradigm sign up Unleash advice as new partner members

27th June 2008 Print
Paradigm Mortgage Services, the mortgage partnership proposition, has announced Unleash Advice Partnership Ltd as the latest network to sign up as Partner members.

Unleash Advice was established in February this year by Andy Adewale, former Co-founder and executive chairman of Mint Financial Services Ltd, and is a new IFA/independent mortgage adviser network proposition. Chesterfield-based, Unleash currently has 13 appointed representative (AR) firms attached with 30 registered individuals (RIs) conducting mortgage and investment business. The 30 RIs are a mixture of both mortgage intermediaries and independent financial advisers.

With four months trading Unleash has major expansion plans and ambitions to grow the number of advisers to 200 within four years. Adewale spearheaded Mint from a standing start to 265 advisers, a turnover of £15 million and profits in excess of £400k per annum.

In becoming Partner members of Paradigm, Unleash Advice will now receive an equal share of the incremental revenue it creates, once a year. It is also able to build up equity through Paradigm’s limited liability partnership which is held in a discretionary trust.

Bob Hunt, Chief Executive of Paradigm Mortgage Services, commented: “To bring on board Unleash Advice as a Partner member of Paradigm is particularly pleasing given the pedigree of Andy and his management team. His development of Mint and the subsequent success he enjoyed there is testament to the hard work and quality proposition they had to offer. Having now established Unleash Advice it is obvious the same fundamentals are already in place and we look forward to working with Unleash and its adviser partners to deliver real value and a formidable array of products, providers and support services. We are delighted that Unleash have seen the true benefit of Paraidgm’s offering and believe we have much to offer all mortgage intermediary and advisory practices.”

Andy Adewale, Founder and Chief Executive Officer at Unleash Advice Partnership Ltd, said: “I am delighted to be forging this dynamic and strategic collaboration with Paradigm. Both Paul Hogarth and Bob Hunt are like-minded executives with enviable pedigree, acumen and integrity which are unparalleled in our sector. I very much look forward to working with them and our other colleagues on their side on a partnership platform which enhances the value of our offering to our partners and their clients while equally taking both our organisations one step closer to achieving our corporate objectives.”

Paradigm Mortgage Services is a mortgage partnership proposition open to intermediary firms offering access to lenders covering the whole of the market, coupled with a range of mortgage-related support services. These services include lending and provider panels for equity release, secured lending, bridging finance, conveyancing, protection and general insurance plus compliance support services.

For more information on Paradigm Mortgage Services, visit paradigmmortgages.com

For more information on Unleash Advice, visit unleashadvice.com