The advisor-built wrap platform has posted a solid set of financial results for the third quarter of 2015.

Nucleus, the UK-based wrap platform, attracted £516 million ($776 million) of new assets in the three months to the end of September.

The influx of new assets boosted the company's year-to-date inflows by 4 per cent year-on-year to £1.54 billion. 

Meanwhile, total assets under administration grew by 16 per cent to £8.7 billion over the period. For the first nine months of 2015, Nucleus logged a 26 per cent rise in underlying operating profit to £2.4 million.

“Our latest set of financial results shows continued forward and steady momentum and we are on track to end 2015 in a better than ever financial position. This is particularly pleasing given the last year or so has seen us transition our underlying technology, materially strengthen our senior team and agree a new back office administration contract,” said the wrap platform’s founder and chief executive, David Ferguson.

“We will shortly share our plans to enter 2016 with fully funded plans to invest more than ever to improve service, develop new functionality and continue to grow the business over the coming years. This is not a time to be holding back.”