Smith will join the senior management of Elevate on 3 September 2012 and will report to Axa Wealth chief executive Mike Kellard.

Smith had joined Nucleus in 2006 when the platform was launched and was responsible for the platform’s design and build.

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The announcement of the appointment has come after Axa Wealth’s half year 2012 results showed the Elevate platform to have increased its assets by nearly 50% to more than GBP4 billion over 12 months.

Meanwhile, currently Nucleus is recruiting for Smith’s replacement.

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