Nucleus enables DFM switching on wrap

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Wrap platform Nucleus has updated its discretionary fund management (DFM) proposition, offering its adviser users more options when managing client investments.

The changes enable portfolios to be managed centrally on the platform, with administration being performed in one place. Advisers can choose to work directly with specific DFMs or outsource multiple client accounts using a single model portfolio. Both parties are paid fees directly from the platform for their service, as it operates currently. Barry Neilson, business development director at Nucleus, said: "We are committed to providing [advisers] with the greatest possible choice and flexibility when it comes to managing investments. "By ensuring that a client's assets are manag...

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