The London-based firm is part of Mortgage Advice Bureau using the Legal & General Mortgage Club and said both those organisations would be supporting brokers joining the new network.
Firms joining will be given support to build their revenues, marketing and public relations advice and access to the Coreco client retention commercial finance team and protection teams.
A retirement scheme is also available where the broker firm can continue to service the retired adviser’s client bank and pay a commission to ensure there is still additional income coming in.
Coreco managing director Andrew Montlake (pictured) said: “This is something we have been working on for a long time now, and while we could have launched this a year ago, we wanted to ensure that when we did, the timing was absolutely right.
“Given the change in peoples mindset and working patterns during the last few months, we believe we will see many more brokers, or teams of brokers, looking to do their own thing in the near future.
“We also know how hard it can be to set up a business from scratch and we wanted to do what we could to assist people with a recognised brand and support available every step of the way.
Montlake admitted there were already “some great options out there for brokers”, but believed the offering would appeal to many who “want to be part of something that little bit different”.
“We see Coreco as a national brand now, and as such this is a great way to spread our ethos and attract others to share our DNA and client centric approach, even if it is just being part of a hub where knowledge between like-minded people is shared,” he continued.
“As a company that also prides itself on its approach to equality and diversity, our arms are open to everyone who truly believes in hard work, with a passion for customer service and believes in the ethos of the Coreco brand”.