17 Mar, 2008
Will Henley - 17-Mar-2008
Nucleus has announced the appointment of a
new board following a re-election.
Founder firm representatives on the board have been joined by
Richard Stocks from FA Watts and Graham Laverick of WR Financial.
The other board members are Bruce Wilson of Helm Godfrey, John
Moore of Central Investments, Ian Thomasson of Avidus and Scott
Lang, and Phil Norbury of HKA.
Nucleus says the board is composed in such a way that the IFAs who
own and use the Nucleus wrap "remain at the heart of its future
development and direction". The board meets each quarter.
Laverick says: "I am delighted to have the opportunity to be
involved in driving the future strategy of the proposition. The
wrap premise is based on strengthening the adviser/client
relationship and traditionally one of the biggest difficulties
facing IFAs is a lack of control over this process. Being able to
agree collectively how the platform develops will allow us as
advisers to offer a stronger, tailored investment solution for our
Nucleus chief executive David Ferguson says: "Unlike other
platforms where core decisions are driven by commercial interests,
at Nucleus advisers have been involved in the design and progress
of the platform from the outset. Only by ensuring IFAs are at the
very heart of the proposition will Nucleus be able to continue to
develop as a new force in UK financial services, capable of
changing the status quo."