Coreco, a UK-based brokerage firm, has expanded its business portfolio with the launch of Coreco Wealth, its wealth management unit.

Coreco Wealth is a trading style of Bright Cube Money, an appointed representative of Sesame Limited which is authorised and regulated by the Financial Conduct Authority (FCA).

The new unit will offer services including full financial planning, pension and investment management.

Coreco director Rob Gill was quoted by Money Marketing as saying that the company intends to lure a wide range of clients with its expanded services including mortgages, but it would primarily target to gain London clients.

"One of the key lessons learned by the mortgage broking industry during the last few years is the need to diversify, both to maximise opportunity and offer the very best service to clients. This has been key to Coreco’s strategy from the outset, something we’ve worked hard to get right and make sure everything we do provides the same exceptional service our clients experience when arranging a mortgage. Coreco Wealth is important part of this approach," explained Gill.

Coreco Wealth aims to offer proper Financial Planning, customized to each of its clients based on their requirements ranging from saving for a wedding or deposit for a new home, building a lump sum for investment or planning for a fulfilling retirement.