Company Research Report: Third Financial

Company Overview

Name and Mission

Name: Third Financial

Mission: To transform the wealth management and advice sector by delivering a full digital experience for clientele, thus reducing administrative burdens and freeing up time for wealth managers and advisors to focus on their clients.

Founding and Key People

Founded: 2007

Key People:

Chris Williams - Managing Director

Michael Scott - Chief Financial Officer

Ron Tomlinson - Chief Technical Officer

Stuart Richards - Chief Risk Officer

Greg Parish - Operations Director

James Waterman - Product Director

Ricky Ali - Commercial Director

Michael Collins - Compliance Director

Headquarters and Employee Information

Headquarters: No information is available.

Number of Employees: No information is available.

Financial Information

Revenue: No information is available.

Assets Under Administration (AuA): Over £50 billion.

Company Recognition

What the Company is Known For: Third Financial is recognized for its award-winning investment platform technology, which is reputed in the market for its reliability and innovation. They are known for the successful delivery of wealth management software and platform services, which are trusted by high-profile clients.

Products

Overview

Third Financial offers comprehensive investment platform solutions that cater to wealth managers, advisors, and multi-family offices. Their approach is designed to simplify, scale, and enhance wealth management operations.

Key Products and Features

1. Investment Platform:

Key Features:

Full control over client propositions

White-labeled solution for branding flexibility

Automated and streamlined administration

Advanced functionality for CGT reporting, performance attribution, and rebalancing

Various tax-efficient wrappers like ISAs and SIPPs

2. Wealth Management Software:

Key Features:

Real-time portfolio management

Comprehensive risk management tools

Automated order and transaction handling

Integration for ease of rebalancing and performance reviews

Tools for tax compliance and efficiency

3. Customisable Mobile App:

Key Features:

Compatibility with iOS and Android devices

Provides clients with quick and easy access to their investments

Recent Developments

Product and Service Expansion

New Products Launched:

A white-labelled digital proposition particularly tailored for large advice firms and consolidators (Launched February 6, 2025).

A mobile app designed for enhancing user accessibility across digital devices (Launched December 3, 2024).

Business Growth and Partnerships

New Partnerships:

Recent partnerships with Bowmore have been highlighted as a crucial development leading to further growth within the Nucleus group (November 27, 2024).

Acquisitions

In July 2024, Nucleus Financial Platforms, a renowned independent adviser platform group, completed its acquisition of Third Financial. This strategic move is set to bolster Third Financial’s market reach and capabilities.

This report has been meticulously compiled to reflect the data provided, omitting non-existent or unavailable information for clarity and accuracy.