Nucleus Wealth and Arrow Financial Advice announce partnership

Nucleus-Wealth/Damien-Klassen/SMA/ESG/

22 September 2020
| By Chris Dastoor |
image
image
expand image

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.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months 2 weeks ago

A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rule...

3 weeks 1 day ago

Prime Minister Anthony Albanese has confirmed who will succeed Stephen Jones to serve as the Assistant Treasurer and Financial Services Minister. ...

4 days 10 hours ago

ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors. ...

2 weeks 1 day ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
93.34 3 y p.a(%)
2
5
Plato Global Alpha A
28.83 3 y p.a(%)