Openwork has appointed former Honister business development director Billy Hewitt as recruitment director for Scotland.
Hewitt will report to Openwork business acquisition strategy director Keith Atkinson.
Openwork says the appointment will see Hewitt engaging with a significant number of ex-Honister advisers looking for a new firm after Honister went into administration last month.
Openwork has taken on around 60 former Honister advisers, mostly through its IFA arm 2Plan, and says it has rejected a further 30.
Atkinson says: “Billy has great experience in this market and will be a valuable addition to the team. Our policy is very much centred on recruiting quality advisers and Billy will play a key role in engaging with individuals and firms whose priorities are good advice and profitability.”
Hewitt says: “Having the scale and strength to deliver on its strategy sets Openwork apart and I am pleased to be joining a business with the ability to provide outstanding support and services to quality advisers.”
Chapters Financial director Keith Churchouse says: “I think it is a sensible move by Openwork. There were a lot of good quality individuals within Honister and I am sure Hewitt will endeavour to recruit as many of the best ex-Honister advisers into Openwork.”