Enness advisers complete £36.3m business each

The average loan size at the London-based brokerage was £1.518m in 2011, up from £1.076m the previous year.

The brokerage said it was looking to increase this level over the course of 2012 and increase the level of business per adviser.

It also announced a number of targets to be achieved during 2012 including the launch of a specific referral service for brokers, IFAs and wealth managers.

Enness will also be developing an online service to cater for the growing number of referrals it receives from other finance professionals.

It plans to launch a number of subsidiary arms that cater for different product sectors and will make a number of hires over the year.

The brokerage also vowed to engage fully with the recently published Mortgage Market Review consultation proposals principally those relating to high net worth borrowers.

Enness recently came out in broad support of the Financial Services Authority’s stance to operate a more tailored approach to the high net worth market.

Hugh Wade-Jones director of Enness Private Clients, commented: “2011 was a particularly strong year for Enness Private Clients however we acknowledge there is much to focus on and achieve in 2012 and our ambitions for the year show this.

“We are absolutely dedicated to the large mortgage and high net worth sector and our relationships and expertise allow us to access funding that is simply not available to the vast majority of advisers who may come across such cases.”

Wade-Jones added that the targets for the business in terms of loan size and business levels would be helped by a number of new appointments to be announced over the coming months.

He said: “Our current sales and referral systems are also under review and we will also be looking to grow our current lender, network and club relationships.

“We also fully acknowledge the need to engage and support the FSA’s high net worth proposals as outlined in the MMR paper.

“This is a significant moment for the high net worth sector and, with the FSA broadly on the right track, we believe it is important to maintain the momentum and see the proposals through to final fruition.”