Nucleus’ acquisition of Third Financial was the biggest advisory industry deal by assets under management (AUM) last year, Professional Adviser data revealed.
As we get further into the new year, PA looked back at the data gathered from our 2024 acquisitions list, where we kept up the date with the latest mergers and acquisitions (M&A) deals in the advice space. Nucleus and Third Financial – £6bn The chart showed that Nucleus' £6bn deal with fellow platform Third Financial topped the AUM table. Nucleus snapped up Third Financial back in February 2024, bringing more than 50 clients to the platform. M&A specialist Catalyst Partners partner Roderic Rennison told Professional Adviser that the deal will have enhanced Nucleus's position...
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