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

Isabel Baxter
Author spotlight

Isabel Baxter

Senior Reporter at Professional Adviser

More on Your profession

You can always make more money, but you can't buy more time

You can always make more money, but you can't buy more time

What’s the ROI on a memory that lasts forever?

Chris Ball
clock 16 October 2025 • 3 min read
Autumn Budget 2025: Reeves should use Budget to 'merge ISAs not cut tax-free limits'

Autumn Budget 2025: Reeves should use Budget to 'merge ISAs not cut tax-free limits'

The updates advisers need in the run up to the Autumn Budget 2025 on 26 November

Professional Adviser
clock 16 October 2025 • 1 min read
The importance of female representation in wealth management

The importance of female representation in wealth management

'Representation at senior levels helps inspire the next generation of female advisers'

Amy Grace
clock 15 October 2025 • 5 min read