Nucleus breaks £5bn barrier

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Nucleus has passed £5bn assets under administration (AUA) on its platform.

Founded in 2006, the platform currently supports 170 adviser firms who between them employ more than 2,000 advisers. The platform's AUA stood at £4.28bn at the end of Q3 2012, a rise of 41% year-on-year. CEO David Ferguson said: "While reaching £5bn AUA is another significant milestone for the business and a great reflection of the seven successful years we have been in business, it is really just the start of what we are looking to achieve. "As the environment evolves and legacy platforms battle to reinvent and re-establish themselves in a post-Retail Distribution Review world it'...

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