IFA firm Fairstone Financial Management - the Moneygate Group's national financial advisory business - and wrap platform Nucleus have partnered to share services between member firms, including a 'deferred buyout' option for Nucleus advisers.
Fairstone will introduce Nucleus as a preferred platform to its advisers alongside its existing wrap providers.
Nucleus users will gain access to the discretionary managed model portfolios offered by the Moneygate's investment management channel Marketstar.
Moneygate is also offering a unique "deferred buyout" option to qualifying firms which will be promoted to Nucleus users who are looking to create sell over the next 3 years.
Moneygate Group chairman David Hickey said: "This alliance is one of a series of exciting new projects that we will deliver over the coming months. Nucleus have followed a similar path to our own in getting to critical mass and posting profits.
"We look forward to the benefits presented to our clients by our IFA community in utilising the Nucleus platform and offering its members the opportunity of using our added value services and buyout model."
Nucleus business development director Barry Neilson said: "Moneygate Group is a national and trusted financial services organisation built around a modern and exciting advisory platform. Our services are entirely in line with their service proposition and we are pleased to work with the team. Nucleus has completed extensive due diligence and we are entirely confident in the ability of each party to deliver efficiencies and where appropriate a market leading value to respective users."
Fairstone advises on client funds in excess of £2.4 billion with £1 billion of funds under management.
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