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UK Wrap Platform Smashes £4 Billion Barrier

Wendy Spires

5 July 2012

Nucleus, the Edinburgh-based IFA wrap platform, has now reached £4 billion ($6.2 billion) in assets under administration – a milestone which coincides with the sixth anniversary since its launch.

Since launching in 2006, Nucleus has accumulated 130 member IFA firms.

The firm has been busily recruiting recently to support its further growth. May saw Martin Leckie appointed to the newly-created role of investment operations manager, while in April Faith Liversedge was given the newly-created position of IFA communications manager.

Leckie came across from Standard Life, where he spent five years working with wrap platform investments and asset administration; Liversedge joined from Royal London-owned Bright Grey, having spent four years within its communications team as marketing consultant where she was responsible for print, digital, and sales campaigns.