It takes 3 to tango

Nucleus has been taken over by James Hay

Some of you have been following the run of events since it was announced in December that Sanlam had effectively put Nucleus up for sale. Several bidders came forward and in the final reckoning, a competitor platform has sealed the deal. Changes will undoubtedly follow, but for now we are sure it will be business as usual.

The news has even prompted a client to ask if we will be made redundant, which is a worry if he thinks we work for Nucleus! Nucleus works for us!

Fiercely Independent

If you cut our business in half, running through it like the letters in Blackpool Rock, it would read “Fiercely Independent since 1997”. Nobody owns us and nobody ever will. My central belief is you cannot offer independent advice to clients unless you are totally free to do so.

A la carte

Now’s a good time to reiterate how we function and describe all of the moving parts. It won’t take me long, there are only 3 parts. Let me use an analogy, (nobody saw that coming!) I’m the chef – again anybody who knows me well understands that I am in reality as far away from a chef as is humanly possible – but let’s stick with it.

  • Chef – Yours truly.
  • Diner – played astonishingly well by you.
  • Supermarket – played currently by Nucleus. Also A.J.Bell for specific property related investments.
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