UK’s IFA-controlled Nucleus platform breaks £4bn barrier
Nucleus, the IFA-owned and controlled investment platform in the UK, has today broken through the £4bn assets under administration barrier following another record six months of asset flows and adviser interest.
Launched in July 2006, with the backing and support of a group of founding IFA firms, the platform is becoming an increasingly important player in the independent wrap space with a reputation for total transparency and complete alignment with the interests of the advisers, and their clients, that use it.
Headed up by founder and chief executive David Ferguson, the business now has more than 130 IFA members who, because of the platform’s open architecture, have access to the widest range of products and solutions on the market.
Ferguson said: “This is another monumental milestone for the business. The level of interest and support we continue to receive from the adviser community never ceases to amaze me and this is clearly reflected in the progress we continue make in this increasingly competitive area of the market.”