Six more adviser firms have joined platform Nucleus, taking the total number of businesses with a stake in the adviser-owned wrap to 34.
Nucleus Financial Group says there are now more than 200 advisers using the platform, with assets under control of around £8bn. The new entrants are the first to join Nucleus this year.
Nucleus Financial Group chief executive David Ferguson says: “We are delighted to kick-start our second year with a further clutch of top quality adviser firms signing up to the platform. 2008 is without question the year of wrap and the continued interest amongst advisers for our proposition further demonstrates their desire to take control of their clients’ affairs.”
The new firms are Ashleigh Court, Kassius, Templar, Bluestone Asset Management, Welsh operation Cleddau Financial Services and Isle of Wight-based Rouse Ltd.
Templar associate director Paul Denbigh says: “We strive to offer our clients a straightforward approach to managing their finances. The unique owner-user structure at Nucleus coupled with the transparency of the proposition provides us with the ideal framework in which to continue in this spirit.”