Nucleus Financial Group (Nucleus) is an end-to-end business platform that was established in 2006 to help private investors manage their wealth and long-term financial plans. It is the only platform owned by independent financial advisers (IFA) in the UK.
In late 2005 Nucleus was effectively a start-up business, with no existing operations or technology infrastructure in place.
One of the fundamental principles of the Nucleus business model was to outsource as many of its operational processes as possible, including administration, technology and some client servicing. This would allow Nucleus to focus on its core strength, providing opportunity and support for its IFAs. With this principle in mind, Nucleus commenced a formal process to select a technology partner to provide the backbone for the Nucleus wrap platform.