Nucleus AUM passes £2bn

clock

Nucleus has passed £2bn in AUM as it announces another two firms have joined the IFA-owned wrap.

The most recent firms to sign up - AWA Wealth Management and Proposito - take to 80 the number of firms holding an equity stake in the business. Additionally, the joining firms bring the number of individual advisers using the platform to over 950 and takes inflows since launch to over £2bn. After breaching the £2bn AUM mark, CEO David Ferguson says he is now setting his sights on the next milestone. "Now comes the race to £3bn," he said on Twitter this morning. The AUM milestone, reached on Friday, follows release of a strong set of financials for the wrap earlier this month....

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

Platform innovation: Terry Huddart on Platform One's execution only portal

Platform innovation: Terry Huddart on Platform One's execution only portal

'It's continuing to garner a good reputation in terms of its UX'

Terry Huddart
clock 21 May 2025 • 6 min read
Back to basics: Let's not forget platforms' fundamental attractions

Back to basics: Let's not forget platforms' fundamental attractions

'Providers have to shoulder the bulk of the blame for this knowledge gap'

Steve Andrews
clock 20 May 2025 • 4 min read
Hargreaves Lansdown and Moneyfarm top the tables in D2C platform market

Hargreaves Lansdown and Moneyfarm top the tables in D2C platform market

Industry assets grew by £2.7bn

Isabel Baxter
clock 12 May 2025 • 2 min read