Are you currently invested on the most suitable platform?
What does a platform do?
A platform is one of the components that we use in the day to day management of your wealth.
Many different platforms are available. Nucleus and Transact are just two of them.
A platform is simply used to handle the daily administration tasks, such as receiving contributions and paying out income.
As well as holding cash a platform can hold shares and other financial assets that a bank account can’t hold.
A platform has a wide selection of products to choose from such as pensions and ISAs.
Without a platform your financial assets would remain scattered and difficult to manage.
What do we do for you?
We are your financial adviser and discretionary investment manager rolled into one.
Many different financial advisers, financial planners, wealth managers, fund managers and investment managers are available.
A financial adviser suggests a suitable investment product which contains various investments. The investments are not managed by the adviser.
An investment manager doesn’t tend to deal with clients directly, their role is the selection and management of suitable investments.
Most individuals use a financial adviser who in turn selects funds marketed by investment managers.
What we need you to do?
You should get into the habit of logging in to the platform regularly to check the progress of your investments.
Choose appropriate passwords and keep all passwords safe. Never re-use a favourite password
Always read and if required, respond to our regular communications. We prefer email.
Do try to read the blogs on this website regularly. We try to ensure our blogs are not too technical. Often they can help with your understanding of a financial matter.
Always feel free to ask any questions whatsoever.
Cost – Benefit Analysis
Let’s purely look at the relative costs first.
- We will not be charging a fee to help you to migrate between platforms.
- There is no leaving fee payable to Nucleus.
- There is no joining fee payable to Transact.
A projected increase in monthly costs could be a deal-breaker, so it is best to take a quick look at the financial implications of a move first.
This form has been created to give you an idea of what your monthly platform fees are currently on the Nucleus platform, along with those you should expect, should you decide to move your life savings to the Transact platform.