Nucleus Financial Platforms, one of the UK’s independent adviser platform groups, continues to solidify its position in the financial services sector through strategic partnerships and other key updates.
Recent developments underscore this momentum which includes the the selection of Third Financial as the platform partner for City Asset Management (CAM).
This move reflects Nucleus’s commitment to expanding its service offerings and strengthening its role to serve advisers and their clients.
In a step forward, City Asset Management, a wealth management firm, has chosen Third Financial, a Nucleus group company, as its platform partner to enhance its service delivery.
Announced earlier, this partnership leverages Third Financial’s Tercero software and white-labeled digital platform to provide CAM with a solution tailored to its needs.
The decision follows Nucleus’s acquisition of Third Financial, a move that expanded Nucleus’s assets under administration (AUA) and enhanced its ability to offer platform solutions.
Third Financial’s platform offers CAM a suite of tools, including dynamic dashboards for real-time insights, streamlined client onboarding processes, and support for a range of investment products such as ISAs, SIPPs, and offshore bonds.
This technology aligns with CAM’s goal of delivering personalized, efficient services to its clients.
James Calder, CEO of City Asset Management, emphasized the transformative potential of the partnership, stating,
“Third Financial’s platform allows us to enhance our client service model with technology that supports our growth [strategy].”
The partnership also highlights the strategic value of Nucleus’s acquisition of Third Financial.
By integrating Third Financial’s wealthtech expertise with Nucleus’s extensive adviser platform capabilities, the group can now cater to a range of advisory firms, from boutique operations to large consolidators.
The partnership with City Asset Management and the board enhancements are pivotal to Nucleus’s strategy of building a retirement-focused adviser platform group.
With £97 billion in AUA and a suite of solutions, Nucleus is positioned to meet the needs of advisers and their clients.
The integration of Third Financial’s technology and the strengthened board underscore Nucleus’s commitment to governance and client-centricity.
As the financial services sector continues to evolve, Nucleus’s moves signal its intent to assist advisers and retirees.