Acquisition analysis: The top seven biggest M&A deals in 2024 by AUM

Nucleus’ buy of Third Financial tops the table

Isabel Baxter
clock • 4 min read

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...

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

FOS chair refuses to explain former CEO's sudden departure

FOS chair refuses to explain former CEO's sudden departure

Treasury slams Baroness Manzoor's 'disrespectful' assertion

Isabel Baxter
clock 14 July 2025 • 3 min read
NextGen Planners becomes Plannex

NextGen Planners becomes Plannex

‘We have outgrown the name NextGen’

Isabel Baxter
clock 10 July 2025 • 2 min read
Chase de Vere's revenue hits £118.6m driven by acquisitions and client referrals

Chase de Vere's revenue hits £118.6m driven by acquisitions and client referrals

Profit before tax reaches £31.9m in 2024

Isabel Baxter
clock 08 July 2025 • 2 min read