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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Advisers: Are you even taking your own advice?

Advisers: Are you even taking your own advice?

Exploring the expenditure consolidation conversation

Nick Ryan
clock 25 March 2026 • 4 min read
CISI welcomes 76 Certified financial planners

CISI welcomes 76 Certified financial planners

Number of UK CFP professionals continues to rise

Sophia Panayi
clock 24 March 2026 • 1 min read
'Nobody is big enough not to be bought'

'Nobody is big enough not to be bought'

Roderic Rennison on the future of deals in the advice industry

Isabel Baxter
clock 20 March 2026 • 1 min read