Adviser-owned wrap Nucleus has appointed IFA Mike Seddon as chairman of its influential advisory board.
In his new role, Seddon will be responsible for representing the views of Nucleus users to the management team and group board.
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Seddon will take up the role with immediate effect after being voted to act as chairman by fellow members of the advisory board, which meets quarterly.
Seddon replaces Central Investment managing director John Moore, who stepped down at the end of last year due to ill health.
Seddon with over 22 years experience as an independent financial adviser has been managing director of chartered financial planner firm Grayside since February 2012 and the firm became a member of Nucleus in 2008.
The board, which been meeting since Nucleus’ launch in 2006, is in place to communicate with advisers about future plans and development for the firm.
Nucleus chief executive David Ferguson said: "At Nucleus all our strategic decisions are shaped by our member firms and the advisory board is one of the key elements in our decision-frameworks.
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By GlobalData"Mike’s experience and input will be invaluable to me and the rest of the board and hugely important to the future development and success of the business," he added.
Grayside managing director Mike Seddon said: "It is absolutely right and proper as member firms we have proper representation at the board table and I look forward to playing my part in representing my fellow advisers. It is through this collaborative structure, I believe, Nucleus can continue to be a force for positive change in the UK financial advice market."
