Nucleus Wealth and Arrow Financial Advice announce partnership

22 September 2020
| By Chris Dastoor |
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Investment manager Nucleus Wealth and Arrow Financial Advice have partnered to allow Arrow the use of Nucleus’ digital advice platform Nucleus Wealth Fusion.

The robo-advice platform was actively managed and featured over 30 environmental, social and governance (ESG) filter choices.

The partnership would allow Arrow to offer clients: 

  • An online onboarding experience that provided personal investment advice and ID verification;
  • Dynamic risk management and stock selection;
  • Over 30 ethical and portfolio filters to customise portfolios for each client;
  • Investments through personal, joint, company, trust, superannuation and self-managed superannuation (SMSF) accounts;
  • Complete portfolio and investment management transparency;
  • The tax benefits of a separately managed account (SMA); and 
  • Liquid, secure assets held in their own name with J.P. Morgan and HSBC as custodians.

Michael Voss, Arrow chief executive, said the firm had been looking to provide a digital offering to clients and consumers were wanting more access to companies digitally.

“The Nucleus Wealth platform we have adopted as part of the Arrow family of options means for as little as $10,000 starting balance clients can begin their nest egg with an actively managed portfolio that truly reflects their values and priorities,” Voss said.

“And it can be modified any time as investors’ circumstances and/or preferences change.

“Combined with the fact that ethical investing is one of the strongest investment trends globally, makes us delighted and proud to be partnering with Nucleus Wealth to bring our clients this offering.”

Damien Klassen, Nucleus chief executive, said they saw an opportunity to meet the increasing demand for ethical investments and increasing disparity in ethical beliefs.

“Offering individual filters for each ethical consideration is important because our research shows that reducing an investment universe by more than 5% begins to exponentially affect performance,” Klassen said.

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