Nucleus receives FCA green light for Third Financial acquisition

First revealed in February this year as the platform looks to build scale

Isabel Baxter
clock • 1 min read

Nucleus Financial Platforms has received approval from the Financial Conduct Authority for its acquisition of Third Financial.

This comes after the news of the buy was announced by the platform in February this year and it is expected that this deal will take Nucleus' platform assets under administration (AUA) to circa £90bn. The acquisition aims to enable Third Financial to expand its ‘adviser-as-a-platform' proposition, offering a range of platform, product and software solutions for advisory businesses and consolidators, as well as discretionary fund managers (DFMs). Nucleus said that Third Financial is "fully aligned" with its strategy of building scale so it can continue investing in product, service, an...

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 Your profession

What a classic '80s movie tells us about today's language of financial advice

What a classic '80s movie tells us about today's language of financial advice

'Forty years is a long time in film. Even more so in financial services'

Roger Brosch
clock 27 January 2026 • 4 min read
Deal Dive: Advice firm deals 2025 wrapped

Deal Dive: Advice firm deals 2025 wrapped

Deals announced in Q4 before the year ended

Isabel Baxter
clock 27 January 2026 • 2 min read
Ahmed Bawa: The changes advisers are asking for in 2026

Ahmed Bawa: The changes advisers are asking for in 2026

Functionality, not workarounds

Ahmed Bawa
clock 27 January 2026 • 4 min read