Nucleus has appointed a new director as it steps up preparations for imminent changes in the wrap and platform market.

Gordon Murray takes the role of asset services director after joining Nucleus from FNZ, where he spent three years as head of investment operations.

Mr Murray began his career at the Royal Bank of Scotland before joining Standard Life, where he fulfilled various senior roles for six years, including head of the asset administration business centre and head of operations.

At Nucleus, he will be responsible for managing all internal and outsourced investment operations, with oversight of Nucleus’s relationship with third party administrators and key suppliers in this area.

He will report to Nucleus managing director, Stuart Geard and will join the senior management team.

Mr Geard said: “As we continue to grow as a business, it is essential we have the right people on board. In Gordon we have a talented new member of our senior management team whose knowledge and experience of platform operations and managing outsourcing arrangements will be of huge benefit to us now and in the years to come.”

Mr Murray said: “I am thrilled to be joining Nucleus at a time when it is expanding rapidly and has such big plans for the future.

“The wrap and platform market is going through enormous change and having recently agreed a new outsourcing arrangement I’m looking forward to making sure this works for the benefit of every client and adviser we work with.”