Nucleus appoints Louis Petherick as group Chief Risk Officer
Nucleus Financial Platforms, the largest independent adviser platform group in the UK, has appointed Louis Petherick as Chief Risk Officer (CRO). He will join Nucleus at the start of August and his appointment is subject to regulatory approval.
Louis is an experienced CRO with an extensive track record of operating at executive level across a range of financial institutions. His experience spans both traditional financial services organisations as well as digitally led companies and wealth management firms.
Louis joins Nucleus from Brooks McDonald where he was Group CRO for 2 years. Prior to this he was CRO at FNZ UK and spent 5 years at AJ Bell where he was CRO and Executive Board member. His career also includes senior risk roles at M&S Bank, The Co-operative Bank, Lloyds Banking Group, ING Direct and St James’ Place.
As well as his extensive track record in leading high performing teams across risk, compliance and financial crime, Louis also brings with him substantial experience of working with regulators.
Richard Rowney, Nucleus CEO said: “I’m delighted that we’ve been able to attract someone of Louis’s caliber at this pivotal time in our growth. He brings significant experience and expertise in risk leadership, having spent over two decades in major businesses across the sector.”
Louis Petherick, incoming Chief Risk Officer said: “I’ve been really impressed by the strategy the management team has put in place, executing it through growth and building a market-leading retirement focused platform group.
“It’s exciting to be joining the group and I look forward to playing my part as Nucleus embarks on the next stage of its journey.”
Louis replaces current Interim CRO, Richard Collins who joined Nucleus last November in an interim capacity to replace Pete Docherty, who took up the role of Chief Transformation Officer within the group.
Enquiries:
Head of Public Relations
Linda Harper (Monday - Wednesday) T: 07876 145309
Victoria Webb (Wednesday- Friday) T: 07969 113758
E: newsroom@nucleusfinancial.com
About Nucleus:
Nucleus Financial Platforms is one of the UK's leading independent groups for investment platforms, products and wealthtech software.
It’s the only large-scale group with a comprehensive range of bespoke platform solutions to meet the needs of advisory and wealth management firms of all sizes.
It operates the Nucleus Wrap and James Hay Online retail investment platforms, and through Curtis Banks and Talbot and Muir is one of the UK’s largest administrators of SIPP and SSAS products.
With the wealthtech experience of Third Financial and Dunstan Thomas, Nucleus now powers some of the industry’s leading product providers, advisory firms and consolidators, discretionary investment managers and institutions, with enterprise-wide, platform software solutions.
Working exclusively in partnership with over 5,300 financial advisory firms, the group now administers £100 billion of investments on behalf of over 230,000 UK customers, seeking to deliver great service and financial outcomes for them, and ultimately help make their retirement more rewarding.