This launch is in response to innovation and new mortgage advice models emerging.
The solution includes one-to-one business consultancy support to understand and review each advisory firm’s strategy, risks and individual needs.
Consultancy support is being delivered by a team of eight regional account managers, along with four specialist business managers, and the new service is backed by the compliance support of PMS’s sister company, Bankhall.
One of the first firms to take advantage of the new service from PMS is My Mortgage Brokers, based in the North West of England.
A spokesperson from PMS told Mortgage Solutions that it is actively speaking with other firms.
Lauren Bagley, head of business development at PMS (pictured), said the team has been structured to provide one-to-one advisory firm support.
She added: “Adviser business models are evolving rapidly and in a multitude of different directions, which means that having the ability to personalise our approach is increasingly important.
“Whether it’s ambitious growth strategies, preparing to diversify into wider or more specialist products, creating omni-channel customer experiences or even preparing for a future sale, we are deeply invested in giving directly authorised firms effective support that’s tailored to their individual business needs and future goals.”
Geraldine Hardman, director at My Mortgage Brokers, said getting the right compliance input and expert guidance was critical.
She added: “It provides us with the reassurance we need at this important moment for our business, helping to ensure that we are heading in the right direction, and carefully managing our risks along the way.”