Platforms Association expands board with four new members
New members to the industry trade body include AJ Bell CEO Michael Summersgill and Nucleus CEO Richard Rowney
Nucleus
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Nucleus swings to a profit despite AUA fall
As acquisition of Curtis Banks nears completion
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Nucleus names director of business development
Parmenion intermediary distribution head Laura Barnes takes up the role
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Nucleus eyes Curtis Banks acquisition
But there is no guarantee that an offer will be made
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Nucleus sold for second time in a year
Private equity acquirer also holds a 22% share in Canaccord Genuity Wealth Management UK
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Goldman Sachs among four suitors for Nucleus stake
Three private equity firms are also reportedly circling the platform
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Nucleus founder David Ferguson bows out following James Hay takeover
But newly enlarged platform to keep the Nucleus branding
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James Hay changes M&A terms for Nucleus deal
Comes weeks after reports that Nucleus staff were unhappy with the original offer over fears of staff cuts
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James Hay to ‘address’ Nucleus staff concerns over £145m deal
Employees fear there will be a large number of jobs losses after acquisition completes
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James Hay nabs Nucleus for £145m
Combined business will have around £45bn of assets under administration
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Transact parent company drops out of race for Nucleus
Leaving James Hay as the last firm in the running for the London listed platform
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Nucleus confirms it is in talks with multiple potential buyers including Integrafin
Majority shareholder Sanlam UK is said to be supportive of the discussions