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Nucleus makes two additions to its IFA board

Nucleus has announced its 2012 IFA advisory board line-up, which includes two new representative firms.

By Julia Bradshaw | Published Feb 23, 2012 | comments

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John Moore, IFA advisory board chairman and managing director of Central Investments, said: “From its inception, the Nucleus advisory board has existed to ensure the needs of advisers remain at the heart of business development and direction.

“The role the board plays has a direct effect on how the platform and the business operate, and our function is to make sure these decisions are aligned with advisers’ and their clients’ needs.”

Lanarkshire-based Strategic Asset Managers and Surrey-based Grayside Financial Services will join the nine-strong board, sitting alongside The Fry Group, Smith & Pinching, Asset Management IFA, Arch Financial Planning, FA Watts, HKA and Intelligent Capital.

Nucleus has run the advisory board since the IFA-owned business launched in 2006. The members meet every quarter and are responsible for ensuring that the development and alignment of the business remain in tune with the needs of the adviser firms who own and use the Nucleus wrap.

The announcement followed news that Nucleus is to roll out an execution-only wrap in the third quarter of this year. Advisers can white-label the service to build and market a direct wrap proposition for clients.

The wrap will offer an Isa, self-invested personal pension and a general investment account wrapper with a range of unit trusts, Oeics, equities exchange-traded funds and possibly some structured products.

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