The tool is said to have been developed in conjunction with the platform’s advisor community and aims to ensure users “have access to the right information in the most useful format”, according to a statement from the firm.

Features of the new tool include a single screen summary allowing advisors to see the total money invested by a client in one place and the value of it at any given time.

In June the firm reappointed John Moore as chairman of its advisory board.

Nucleus was founded in 2006; in July 2011, Nucleus’ IFA-firm total reached 78 and the platform reported assets under management of £3 billion.