Nucleus Financial
Adviser-owned wrap service
Edinburgh-based wrap platform specialist Nucleus Financial was founded in 2006 but now has more than £14.3bn in assets under management (as of 30 June 2018).
Nucleus allows financial advisers to give their clients access to all their financial investments, from ISAs to pensions, in one online account. To date, about 800 advice firms are using its technology.
Nucleus was created by a group of seven adviser firms, and the company remains 52%-owned by financial advisers.
In July 2018, it floated on the AIM for the first time.
Platforms
Fees charged by discretionary fund managers to platforms are set to face the same downwards pressure being seen elsewhere in the industry, Nucleus business development director Barry Neilson has predicted.
18 May 2015
•
Platforms
A "combination of politics and pensions" contributed to slower sales across platforms in the first three months of the year, with the year-on-year (YOY) asset growth rate also receding, according to research.
15 May 2015
•
Platforms
Retail fund management is "out of control" and should borrow ideas from the institutional sector to radically reorganise, Nucleus chief executive David Ferguson has said.
06 March 2015
•
ETFs
Investors are calling for more control over ETF trades executed on fund platforms, many of which are incapable of hosting the vehicles or are currently unable to offer real time trading.
25 November 2014
•
2 min read
Investment
Nucleus has boosted assets under administration by 25% year-on-year in the third quarter after a strong summer for gross inflows.
20 November 2014
•
Investment
Wrap Nucleus saw £725m of inflows in the six months to 30 June, with profits jumping 85% as the platform grew its market share.
21 August 2014
•
Platforms
Platform Nucleus saw its assets under administration jump 37% in 2013 to £6.2bn, with gross inflows up 26% to £1.7bn, driving a sharp climb in profitability.
30 April 2014
•
Platforms
Could the intense price war among D2C platform providers spill over into the advised space? Henry Brennan finds out what it could mean for long-term sustainability.
27 February 2014
•
