Nucleus has signed up a further six IFA firms to the adviser-owned wrap platform.
The additions take the total number of firms with a stake in the company to 28, which accounts for 190 advisers.
Nucleus Financial Group chief executive David Ferguson says he is delighted with the direction the company has taken since the seven founding IFAs took the wrap live in December 2006.
“To have close to 30 firms invested in Nucleus after 11 months of operation is a fantastic endorsement and we are thrilled at the huge ongoing interest among high quality advisers,” he says.
“It is particularly interesting to see how much quality there is among smaller IFA firms and how those firms are actively delivering excellent client propositions.”
HJ Scott & Co partner Howard Scott says joining Nucleus was a vital part of the firm’s business development plans.
“We felt our newly attained Chartered and Certified status coupled with a wrap, would give us a two to three years advantage in the market place,” he says.
“Our fee only advice plus the simplicity and transparency of the Nucleus proposition has been very positively received by both new and existing clients.”
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