Nucleus breaks through £3 billion assets barrier

Wrap provider Nucleus has reached £3 billion in assets under administration held on the platform.

Nucleus broke through the £3 billion barrier after a record business levels in the first half of 2011.

The platform was launched in 2006 and has signed up over 1,000 advisers.

David Ferguson, Nucleus chief executive, said: ‘To have £3 billion of assets on the platform is a huge milestone for the business and one I am extremely proud of. The support we have had from the adviser community over the years has been spectacular and this is reflected not only in the assets we now have on the platform, but also in the record number of firms becoming Nucleus members.’