Peter Brodnicki, chief executive of MAB will also join Andrew Montlake, Matthew Lowndes, Francois Taljaard, Rob Henderson, Roy Hardy and Rob Gill on the board of Coreco Group.
Coreco Group will trade as an appointed representative of MAB, taking full advantage of MAB’s technical infrastructure, regulatory support, training and resources, as well as helping with expansion and recruitment.
Coreco Group’s growth strategy outside of London will also be supported by MAB’s extensive regional network.
Peter Brodnicki CEO of Mortgage Advice Bureau and board director of Coreco Group, says: “MAB are delighted to be part of such a forward-thinking and positive new venture. We anticipate that this strategic alliance and the ambitious expansion plans of Coreco Group will produce a successful new force in mortgage broking.
“With endless opportunities, we are convinced that the Coreco Group will quickly become a major player and attract the leading and most ambitious advisers.”