Park Row begins broker metamorphosis scheme

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A drive to convert mortgage brokers in a "dead" market into fully fledged financial advisers is gathering pace at Park Row.

The IFA, the subject of recent speculation concerning its future under parent company Royal Liver, says two advisers have completed the switch this year while 15 others are in the process of doing so. Park Row says it supports those brokers opting to become wealth planners by providing study materials and exam support. Sales and marketing director Carey Shakespeare says the scheme was devised in response to a slowing mortgage market he describes as "completely knackered". "Let's be honest: the market is not in great shape and if you are minded to see the bottle as half empty rather th...

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