Third Financial's 'laser-like' focus following Nucleus acquisition

‘Adviser platforms are more nuanced than just outsourced versus in-house’

Isabel Baxter
clock • 3 min read

Following Nucleus’ acquisition of Third Financial, subject to regulatory approval, Third Financial chief executive (CEO) Ian Partington talks to Isabel Baxter about his hopes for the partnership…

It was revealed in February this year that Nucleus Financial Platforms acquired fellow investment platform Third Financial. Third Financial is an investment platform and front-to-back wealth management software provider for discretionary wealth managers, multi-family offices, and adviser consolidators. It has more than 50 clients in the UK with £6bn of assets under administration (AUA) on its platform and a further £40bn of assets administered via its software system, Tercero. Following completion, the firm will continue to be led by existing CEO Ian Partington. "Exceptional ser...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

WTW Atomos buy-in heralds PE and hybrid advice 'direction of travel'

WTW Atomos buy-in heralds PE and hybrid advice 'direction of travel'

Atomos CEO: PE ‘professionalises the industry and gives it greater capital’

Isabel Baxter
clock 04 October 2024 • 4 min read
Titan Wealth Group launches division

Titan Wealth Group launches division

Settlement and custody arm led by Mike Fullalove

Jen Frost
clock 03 October 2024 • 2 min read
WTW takes stake in PE-backed wealth manager Atomos

WTW takes stake in PE-backed wealth manager Atomos

WTW powers Atomos’ multi-asset investment offering

Jenna Brown
clock 03 October 2024 • 2 min read