Nucleus, the IFA-owned and controlled wrap platform, has appointed Russell Down to the newly-created position of regional business development director.

Down joins from Standard Life, where he most recently held the position of national account manager within the sales team. In his new role Down will report to Barry Neilson, the business development director at Nucleus.

Nucleus now has over 80 firms affiliated with the platform, after adding two more IFA firms, Wealth Matters and Pennine Financial, late last year.