Nucleus gets FCA green light to acquire Third Financial

This comes after the platform announced news of the purchase in February this year, and the deal is expected to bring the Nucleus platform’s assets under administration (AUA) to around £90 billion. The acquisition is intended to enable Third Financial to expand its “advisor-as-platform” offering, offering a range of platforms, products and software solutions for advisory firms and consolidators, as well as discretionary fund managers (DFMs). Nucleus said Third Financial is “fully executing” its strategy to build scale so it can continue to invest in products, services,…