Strategic Asset Managers sign up with Nucleus wrap

Derek Stewart, managing director at Strategic Asset Managers, said Nucleus was "best placed to deliver the level of service and transparency" it required ahead of the implementation of the retail distribution review.

He said: "Being part of a community of like minded firms was a key factor in our decision to invest in the proposition - knowing that our interests are very much aligned with those of the other members and that together we could influence the future development and direction of the platform.

"Another key factor in the decision was that Nucleus' main business focus is on delivering an open, transparent wrap without other distractions leaving us to spend time looking after our clients.

"Essentially, we are working with colleagues at Nucleus rather than being employees of a provider, which is just the way we like it."

Barry Neilson, business development director at Nucleus said: "Strategic Asset Managers is a highly respected firm of independent financial advisers and we are delighted they have chosen Nucleus as their preferred platform for the business.

"We continue to be encouraged by the quality and diversity of adviser firms who are keen to share in the Nucleus vision and look forward to welcoming more on board in the coming months as we continue to strengthen our proposition."