Foster Denovo expands platform deal with Nucleus' Third Financial

Third Financial was acquired by Nucleus last year

Sahar Nazir
clock • 2 min read

Foster Denovo has expanded its partnership with Third Financial, signing an exclusive agreement to use a bespoke adviser-as-a-platform (AaaP) solution across the business.

The wealth manager said the move forms part of a wider platform transformation project aimed at giving advisers greater control over their client proposition, investment options and service design. AaaP models allow advisory firms to run a branded platform experience while taking ownership of parts of the value chain typically handled by platform providers. The arrangement is increasingly used by larger firms seeking tighter integration, operational efficiency and a more consistent client journey. Under the new agreement, Foster Denovo will operate a customised investment platform bui...

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