Nucleus signs up six firms in 2011

The six new firms - which include Assetz Wealth, James Hair and Co, Page Russell, Russell Gibson and Serenity - have all taken equity stakes in the IFA-owned wrap which now boasts over £2.3bn of assets. "2011 has got off to a tremendous start for the business," says business development director Barry Neilson. "As every month brings the introduction of RDR closer, we are seeing a significant acceleration of firms undertaking wrap platform due diligence and looking to partner with a wrap proposition which reduces their reliance on traditional providers, giving them more control over th...