Verso rejects platform incentives model, says adoption must be earned

Nucleus-built platform rolled out across advice group with no mandated use as consolidator targets £5bn AUM

Sahar Nazir
clock • 2 min read

Verso Wealth Management has ruled out incentivising advisers to migrate assets to its newly launched platform, developed in partnership with Nucleus.

After more than 12 months of co-development, the tailored platform, built using Nucleus technology, has begun onboarding client assets from across Verso's national advice network. Speaking exclusively to Professional Adviser, a Verso spokesperson said that while the platform is being positioned as a unified solution to reduce inefficiencies, the firm will not pressure advisers to use it. "This won't be the right solution for every client, and to be clear advisers are not being incentivised to do anything," Verso said. "This is an additional solution we can now offer, and we hope the s...

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