NNucleus Group provides investment platforms and wealth technology for UK financial advisers and their clients. Its core product is a wrap platform that consolidates client assets (SIPPs, ISAs, GIAs) into a single online account, with adviser tools, model portfolios, bulk switching, rebalancing, and reporting, plus a client portal called Nucleus Go. The group differentiates itself by focusing on adviser efficiency and by not selling funds or giving advice, instead integrating multiple platforms from acquisitions to offer a unified, adviser-centric solution. Its goal is to help advisory firms run their business more efficiently and scale assets under administration through a comprehensive wealth-tech platform.
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Industries
Company Size
501-1,000
Company Stage
IPO
Headquarters
Edinburgh, United Kingdom
Founded
2006
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Nucleus Financial names Dave Reynolds CTO as Jenny Thorpe prepares to depart. The incoming CTO will assume his role in early January 2027, where he will oversee technology, transformation, and change across the group. September 30, 2026 UK-based wealthtech Nucleus Financial has named Dave Reynolds its new chief technology officer (CTO). A company statement confirms that the appointment will come into effect "at the start of January", subject to regulatory approval. Reynolds will succeed Jenny Thorpe, who is set to leave Nucleus "at the end of 2026 to take up a new opportunity", the statement continues. Thorpe joined the wealthtech in late 2022 as chief business architect, before rising to CTO in February 2024. As CTO, Nucleus states that, in addition to leading the technology division, Reynolds will also oversee transformation and change across the group. He is set to join the wealthtech from Quilter, where he has spent the last eight years of his career. Initially serving as CTO, Reynolds shifted to group chief information officer in May 2023. Reynolds got his first experience as a technology executive during his seven-year stint at Old Mutual, when he was promoted to the position from IT architecture and governance director of Old Mutual Wealth in 2015. Elsewhere in his career, Reynolds also led technology teams at Hampshire County Council and Skandia. Since its founding in 2006, Nucleus Financial has grown to manage £117 billion in assets, providing financial advisers and wealth managers with wrap and adviser technology solutions, including client portfolio, investment, and pension management tools. Reporter, FinTech Futures Francis Bignell is a reporter at FinTech Futures with a keen interest in all things fintech, especially in the Latin America region. Writing in the industry for four years, he has moderated webinars and podcasts as well as interviewed executives from a wide range of sectors.
Quilter's Dave Reynolds to become Nucleus' new CTO. Quilter's Dave Reynolds will join Nucleus Financial Platforms as its new chief technology officer (CTO) in January 2027. Reynolds will be part of the group's executive committee and replaces Jenny Thorpe, who will leave at the end of 2026 to take up a "new opportunity". Nucleus is extending the remit of the CTO role to include transformation and change, as well as technology, across the group. Reynolds has over two decades of senior-level experience working globally in the financial services sector. He is currently group chief information officer (CIO) at Quilter and was previously group chief technology officer for eight years. During his time at Quilter, he has driven the group technology strategy and overseen significant system modernisation and operational improvement. Nucleus Group CEO Richard Rowney said: "The fact Money Marketing can attract someone of Dave's experience is a sign of how far its group has come.
Nucleus CTO Peter Docherty to leave at end of year. Nucleus' Peter Docherty is to leave his role as chief transformation officer (CTO) at the end of the year after almost four years with the group. Docherty confirmed his departure in a LinkedIn post, saying he was leaving after a "significant milestone" had been hit. Reflecting on his time with the group, Docherty added: "The achievements across that period were due to the amazing colleagues that I had the opportunity to work with at both Curtis Banks and Nucleus, alongside the partners that were key to delivering that success, particularly over the last 18 months." Docherty joined Nucleus in January 2024 as group chief risk officer, while retaining his role as CEO of Curtis Banks. He later became chief transformation officer, leading the launch of FNZ OneX and the migration of James Hay customers. He has more than 20 years' experience in financial services and was previously CEO and managing director of Embark Platform. Before that, he was CEO and CRO of Alliance Trust Savings.
Leading Businesses in London and the South East recognised for outstanding growth and innovation. September 19, 2026 Businesses in London, Brighton, Hertfordshire and Wiltshire have won UK Private Capital Vision 2026 Awards for London and the South East. Sponsored by Grant Thornton and Santander, these annual awards honour the management teams of companies backed by private equity and venture capital, recognising the companies and their investors in different investment stages and across six categories: Early-Stage: Auddy, backed by Pembroke VCT, was chosen as the winner in the Early-Stage category. Auddy is a London-based audio communications and advertising technology business. Judges were impressed by the company's strong revenue growth, innovative use of AI and the development of its proprietary Campfire platform, which is creating a new category within enterprise communications and helping establish Auddy as a leader in a fast-growing market. Scale-Up: Vanda, backed by FPE, was chosen as the winner in the Scale-Up category. Vanda provides proprietary data and market intelligence to many of the world's leading institutional investors. Judges highlighted the company's successful transformation into a scalable technology platform, strong recurring revenues and investment in AI-enabled analytics, which are supporting continued growth and product innovation. Medium: Noventis Safety, backed by Inflexion, was chosen as the winner in the Medium category. Based in Herfordshire, Noventis Safety is a global provider of test and measurement solutions for the fire protection industry, serving customers in more than 100 countries. Judges praised the company's impressive growth, successful acquisition strategy and commitment to innovation, including the development of connected testing technologies that are transforming safety testing processes worldwide. Large: Nucleus Financial Platforms, backed by HPS and Epiris was chosen as the winner in the Large category. Nucleus is based in Salisbury and is one of the UK's leading independent investment and retirement platform groups. The judging panel commended the company's successful technology transformation, strong market position and ability to create value through strategic acquisitions. Exit: Intragen, backed by FPE, was chosen as the winner in the Exit category. Intragen is a leading European cybersecurity specialist focused on Identity and Access Management. Judges were impressed by the company's transformation from a regional provider into a pan-European market leader, driven by strong organic growth, strategic acquisitions and the delivery of a highly successful exit. International Expansion (joint winners): Electric Theatre Collective, backed by Growth Capital Partners, was chosen as a winner in the International Expansion category. Electric Theatre Collective is an award-winning creative studio working with some of the world's leading brands. Judges highlighted the company's successful expansion into the United States through the launch of a fully operational New York studio, which has significantly increased its international reach while maintaining its reputation for creative excellence. International Expansion (joint winners): MPB, backed by Beringea, was chosen as a joint winner in the International Expansion category. MPB is the world's leading platform for buying, selling and trading used photography and videography equipment, based out of Brighton. Judges praised the company's successful international growth, with operations spanning Europe and North America, and its ability to combine strong commercial performance with a commitment to sustainability through its circular business model.
FNZ has raised $650 million from its major institutional shareholders and clients to support its long-term business plan. The investment, from entities like La Caisse, CPP Investments, and Motive Partners, reflects confidence in FNZ's strategy and leadership. With $2.1 trillion in assets on its platform, FNZ aims to enhance its technology and client outcomes. The funding supports FNZ's credit ratings and strategic growth, following new partnerships and governance improvements.
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Industries
Company Size
501-1,000
Company Stage
IPO
Headquarters
Edinburgh, United Kingdom
Founded
2006
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs