Nucleus reduces costs for users as it switches stockbroker

Drops Alliance Trust Savings

Sophie King
clock • 1 min read

Edinburgh-based adviser platform Nucleus has reduced its costs for users after switching stockbroker to Winterflood Business Services (WBS).

WBS has taken over from the platform's previous stockbroker, Dundee-based Alliance Trust Savings.  The switch in supplier will see trading costs for clients fall from 0.15% to 0.035% per order above £10,000 for UK investments. Trades under £10,000 will have their minimum cost reduced from £13 to £3.50. Nucleus said the move is part of the platform's commitment to help advisers and their clients continue to get value for money and a service most appropriate to their needs.  According to Nucleus, WBS's technology will bring improved operational efficiencies for users in the future. ...

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