Cofunds was the largest UK adviser platform in Q3, in terms of assets under administration (AUA), and has since become the first £60bn fund platform in the UK.
Investment company purchases on platforms by advisers and wealth managers are up 53% in the first six months of 2013 against the same period last year, research by the Association of Investment Companies (AIC) suggests.
American tracker funds were the preferred choice among Nucleus members in the third quarter, with the HSBC American Index emerging as the fastest growing fund on the platform.
Wrap platform Nucleus has launched a recruitment club in partnership with Redmill Resourcing.
The recruitment process continues to be a "major obstacle" for the majority of wrap platform Nucleus members, according to a recent survey.
Five firms have been named on the shortlist for the Best Platform for Adviser Service gong at next month's Aberdeen UK Platform Awards.
Aviva and Zurich have both selected eCommerce standards and services body Origo to provide their automatic re-registration services.
Wrap platform Nucleus has appointed Mike Seddon as chairman of its advisory board.
Nucleus will continue to allow advisers to become shareholders and aims to have introduced an investment process by the end of the year.