"We have a strong pipeline of potential new ARs, and we remain confident about delivering our growth plans, both organically and from new ARs."
A pre-close trading update shows that the total number of advisers increased to 1,078 over 2017, an increase of 128 or 13% since the end of 2016.
MAB has also seen an increase in average revenue per adviser of 3%, which it says shows a "return to growth in productivity as anticipated following the lull in activity in the housing and mortgage markets surrounding the EU referendum in 2016".
Peter Brodnicki, CEO of Mortgage Advice Bureau, said: "MAB has delivered yet another strong performance, whilst also continuing to invest in accordance with our very clear strategy that will ensure continued and sustainable market share growth. Activity levels remain relatively flat in the housing and mortgage markets and are forecast to remain so over the next few years, with an increase in first time buyers countering a flat home mover market and a weaker buy-to-let purchase market. Remortgaging and product switch activity remain on the increase.
"We have a strong pipeline of potential new ARs, and we remain confident about delivering our growth plans, both organically and from new ARs.
"MAB's strategy combined with the strength of our market position, puts us in a strong position to capitalise on a digitally enabled intermediary sector in terms of market share, as well as further enhancing customer choice and the overall customer experience."
