Mortgage sales director Emma Hollingworth said Intrinsic was delighted with the strength of the network’s performance against a backdrop of economic uncertainty and a highly competitive market.
Its mortgage and protection adviser numbers grew by 100 to 1,300 in the 12-month period ended 31 December.
Last week, Old Mutual, Intrinsic’s parent company, revealed it plans to split the group into four separate companies; Old Mutual Emerging Markets, Old Mutual Wealth, Nedbank and OM Asset Management. Intrinsic will sit within Old Mutual Wealth.
Group chief executive Bruce Hemphill said its new strategy would allow each business to have simpler access to capital markets which would allow them to grow more easily with straight forward regulatory arrangements.
The separation of the four businesses is expected to complete by the end of 2018.
