The mortgage and protection brokerage specialises in remortgage and debt consolidation advice, and brings additional first charge debt consolidation to the Pivotal group.
Managing director Michael Kallaras established Proper Advice in 2018 and has invested in technology to improve the client journey and help advisers work more efficiently.
Kallaras said: “We’ve built Proper Advice by being obsessed with our clients and investing in our people and systems – something Pivotal understood and appreciated from the outset.
“Together, we have the scale to invest further in the technology and processes that have driven our growth, and we have a shared culture built on putting clients first. Joining Pivotal is the right choice to accelerate growth in our next chapter.”
Mayank Prakash CBE, group chief executive of Pivotal, added: “Proper Advice has built a genuinely differentiated service in a niche where only a few advisers across the UK have real depth, and Michael has done it through a level of entrepreneurial graft that we recognise and value at Pivotal. What has stood out throughout is the team’s entrepreneurial drive and curiosity about how technology can improve the mortgage journey – values we share across all Pivotal teams.
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“We’re delighted to welcome Michael and the Proper Advice team to Pivotal as, together, we build the UK’s leading mortgage and protection advice business.”
