Edinburgh FinTech Nucleus now has over £16bn assets under management.
In Brief:
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The company provides a “wrap around platform” built by advisers.
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It announced assets under administration were worth £16.1bn at the end of 2019.
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This marked a 16.3% increase year on year.
What does this mean?
The company says the figure has grown based on a significant increase of gross inflows - there are also around 3.3% more advisers using the platform than this time last year.