Nucleus Financial has added a model portfolio tool to its platform enabling advisers to invest and manage clients' assets in a way more closely aligned to their risk profile.
The tool will help advisers provide consistent investment strategies to move with clients circumstances, according to the firm. Furthermore, the 'rebalancing' function can reset a client's asset allocation in line with their model portfolio when market movements occur. Nucleus has also added 'bulk switching' which allows advisers to request bulk asset switches for multiple clients and has improved its 'straight through' processing for asset transfers. It predicts a large proportion of assets held on the platform will be in model portfolios by the end of 2009. "The new model portfoli...
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