Nucleus has been voted best platform by advisers using Platforum.
Platform consultancy Plat- forum set up an IFA feedback service last year, allowing advisers to rank the platforms they use and give feedback on service standards and features, with 255 IFAs rating platforms on 10 different criteria, including adviser support, choice of funds and wrappers, usability and value for money.
Nucleus is placed first and Novia is second. Transact is third, Ascentric fourth and Standard Life fifth, Axa Elevate is ranked sixth, Skandia Investment Solutions seventh, Fidelity FundsNet work eighth and Cofunds ninth.
Avalon, Seven Investment Management, Raymond James, Parmenion, Macquarie, James Hay and Aviva were discounted from the ranking because the sample of reviews for these platforms was too small.
Platforum managing director Holly Mackay says: “We should note that, as Nucleus users are also shareholders, there will be an inevitable bias towards them by users of the service.”
Advisers can rank their platforms ahead of the next quarterly leaderboard at www.the platforum.com.