Nucleus breaks through £8 billion barrier in eighth year
Nucleus today announces that assets under administration on its platform broke through the £8 billion barrier on 28 December 2014, following an intense period of record inflows. The adviser built wrap platform passed the milestone eight years to the month since it first went live just before Christmas 2006.
The award-winning platform, now boasts a community of over 450 adviser firms across the UK, with over 6,000 users accessing the platform meeting the financial planning needs of over 65,000 clients.
A leading and innovative player in the wrap market, Nucleus is currently the second fastest growing platform in the UK* and its achievement in breaking through the £8 billion AUA milestone further strengthens Nucleus’ position as the fourth largest adviser wrap platform in the country*.
Commenting on this achievement for Nucleus, David Ferguson, founder and CEO says:
“2014 was challenging for us but having attracted £2bn of inflows, hit £8bn in AUA, completed a major technology upgrade, strengthened the senior management team and achieved record financial results it was also a year of notable progress which helps fuel our excitement for the future.”