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
Advisers are being urged by Nucleus to adopt a phased approach to platform due diligence ahead of the introduction of new rules on 6 April, with pricing ranked as the least important consideration.
29 January 2014
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Platforms
Nucleus is considering launching a direct-to-consumer (D2C) platform in an effort to better serve the 6,000 orphaned clients it currently redirects to Hargreaves Lansdown each year.
14 January 2014
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Platforms
Last night the prestigious Aberdeen UK Platform Awards were held in London. Here are all the winners and the judges' comments on why they scooped the prizes.
09 October 2013
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6 min read
Platforms
Nucleus has placed the ownership structure of the wrap under review in light of adviser charging rules concerning potential conflicts of interest.
18 July 2013
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Platforms
Nucleus has announced plans to overhaul its pricing structure, cutting fees by 50% for clients with assets over £1m as it moves to entice more high net worth clients.
11 July 2013
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Platforms
Nucleus Financial CEO David Ferguson has said he believes the wrap has hit "sustained profitability" after it posted record first-half profits.
05 July 2013
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Platforms
The Financial Conduct Authority (FCA) is to ban cash rebates paid to consumers from platforms from April next year.
26 April 2013
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1 min read
Platforms
Nucleus is launching a white label, execution-only platform in Q3 which will help advisers build and market a direct wrap proposition for clients.
16 February 2012
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