Broadbench

Protection and mortgage advice for professionals with complex incomes

Broadbench is a financial advice firm with its registered office in London that focuses on two areas: mortgage brokerage and the design of personal and business protection strategies. Its offering is aimed specifically at professionals whose income does not fit the standard profile of high street banks, such as doctors, business owners, and contractors who invoice through limited companies, LLPs, or partnerships.

The company is authorised and regulated by the Financial Conduct Authority (FCA) under number 590288 for mortgage and insurance mediation activities. Its company, Broadbench Ltd, is registered in the United Kingdom under number 07491324.

Client profiles it serves

The firm organises its advice around the client's income structure, not just their profession. It distinguishes three main groups:

• Medical professionals: doctors, dentists, surgeons, and private medical professionals working through partnerships, LLPs, or limited companies.
• Business owners and directors: founders, directors, and shareholders who need to protect both their company and their personal income.
• Contractors and freelancers: consultants, freelancers, and professionals who invoice on a day-rate basis through limited companies or LLP structures.

Business protection

Within the business sphere, Broadbench works with products designed to guarantee business continuity and the stability of partners and families. Its range includes relevant life cover, key person insurance, executive income protection, business healthcare, business loan protection, shareholder protection, and professional indemnity through the iPro solution.

Personal protection

On the individual side, the firm advises on life insurance, whole of life insurance, critical illness cover, private healthcare, income protection, and buildings and contents insurance. It also covers inheritance tax planning and wills and trusts services through the Kinherit solution.

Mortgage advice

The mortgage area covers the needs of first-time buyers, home movers, remortgages, further advances, and buy to let. The company states that it accesses deals not available through traditional high street banks. Its service includes advice on fees, handling the application process, and conveyancing services, as well as pensions.

How we work

Broadbench describes its process in four stages: listening to the client to understand their needs and how they work; studying the market using its network of lenders and insurers to find the most suitable options; handling the paperwork and administrative steps ahead of final approval; and maintaining regular reviews to check that the product still fits the client's situation and, if not, finding alternatives.

Resources and materials for clients

The firm maintains a knowledge centre with blogs segmented by profile (clinicians, business owners, and contractors), guides specific to each group, calculators tailored to each type of income, and case studies on protection and mortgages. It also offers downloadable guides, such as the one dedicated to protection for dentists, surgeons, and medical professionals.

The company has a partner and client referral programme, and its registered office is at 167-169 Great Portland Street, 5th Floor, London W1W 5PF.

Location and contact

167-169 Great Portland Street, 5th Floor, London, W1W 5PF