Three new firms have taken an equity stake in IFA-owned wrap Nucleus.
The addition of Essex-based Greenwood Financial Planning, Peterborough-based Tancreds Ltd and Financial Strategies - which has offices in Doncaster and Brigg - brings to 16 the number of firms signing up to the platform this year. "To have another three high quality firms invested in and using the platform is great news and takes the number of new advisers using the platform in 2011 to 90," said Nucleus business development director Barry Neilson. New Nucleus member firms get 250,000 shares in a company which exists to hold the majority of the IFA stake.
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