Wraps

What is a Wrap?
A wrap account is an administrative service that combines, or wraps, all of your investments into a single account, allowing you to benefit from:

• Streamlined administration with online access;
• Sophisticated risk profiling and strategic asset allocation tools;
• Wide range of investment funds at wholesale prices. Your investment choices are no longer constrained to those offered by a specific product provider.

A wrap is not a product in which to invest, but rather a service. It allows you to view your total portfolio online, managing all of your assets in one place, whether held directly or through a ‘tax advantaged’ wrapper such as an ISA or pension.

Nucleus
Nucleus Financial Group is a Wrap provider founded by a number of high quality IFAs who share a commitment to creating a market where advisers have the infrastructure and the desire to place the client centre-stage. You will also be able to see from the Nucleus website www.nucleusfinancial.com that a number of other major regional IFAs have also joined Nucleus.

WR Financial Management Limited has invested in Nucleus to help it succeed in delivering a fresh service proposition that has the clients’ interests at the forefront. We believe that this is the way forward to achieving long term financial control.

How does the Nucleus Wrap account work?

The wrap account provides access to a number of accounts including:

• General account for directly held assets such as shares, OEICS and unit trusts.
• ISA account.
• Pension account (or SIPP).
• Appropriate Pension Account (this is the account for Protected Rights).
• Offshore Bond.
• Onshore Bond.

Advantages

Risk Profiling
Our risk profiling tool is a highly sophisticated means of measuring your attitude to risk. Through the platform you have access to over 1600 funds and 60 investment management groups, including our own range of OEICs, The Liberation Funds.

The Liberation investment strategies can be tailored to your specific investment goals and individual risk profile, with the investment process outsourced to the very best fund managers in the industry.

The individual funds held within the six Liberation funds are vigorously researched and actively managed by skilled and experienced investment professionals who continuously review and rebalance the portfolios where necessary. This system simplifies the rebalancing of your portfolio.

For more information on the Liberation Funds please click here.

Lower Costs
The cost has three components, each of which is shown explicitly, so clients always know exactly how much they are paying:

• A Nucleus charge of 0.35% every year to cover the costs of administration and tax wrappers.
• Cost of the assets.
• WR Financial Management fees, which are agreed in advance.

We firmly believe that transparency of cost is important in our client relationships. A more fundamental issue was improved access to information. All too often, the separate pots of wealth that a client holds can lead to confusion.

Administration
The wrap service enables you to view all of the assets you hold, including assets that cannot be moved into the wrap by manually recording them. This consolidation of assets allows for greater clarity in terms of your current financial situation and future tax planning.

Client Service
We are enthusiastic participants in an industry wide initiative called Treating Customers Fairly and review our work practices and ethics policy on an ongoing basis. The development of Wraps through the use of more sophisticated back office systems and the movement away from being reliant on product providers for information will release time for your adviser to spend on the more important aspects of your account.