Nucleus Financial, the UK-based advisor-owned and controlled wrap proposition, has appointed Barry Neilson as business development director with immediate effect.
 
In his new role, Mr Neilson will be responsible for leading the business development team, which has seen more than 60 independent financial advisor firms become owner-users of the platform since inception. He will be working alongside David Ferguson, the firm’s chief executive.
 
As a member of the executive team, Mr Neilson will also have overall responsibility for the business development and account management functions, as well as the wider strategic development of the company.
 
Prior to joining the firm, Mr Neilson worked at F&C Investments as director of business development and was responsible for the management of F&C’s business development proposition across investment IFAs, national distributors, private client managers, life companies and platforms.
 
“With 2010 shaping up to be a pivotal year for the platform industry his knowledge and understanding of the IFA market will be of tremendous benefit to the business and our member firms as we look to accelerate our growth and development,” said Mr Ferguson.
 
Earlier this month Nucleus Financial appointed Standard Life’s Aileen Mathieson as chief financial officer, succeeding Neil Howitt, who has assumed a consultancy role with the business.