Third Financial, the investment platform trusted by more than 70 wealth managers and advisers, has today announced the appointment of David Lewis as Chairman of its regulated entity, Third Platform Services.
David has over 30 years' experience in investment and custody banking and has held senior roles across Finance, Treasury and Operations at firms including BNY Mellon and Merrill Lynch. Most recently, he was MD at BNY Mellon in London with personal accountability, under the FCA’s SMCR for Client Asset safety, for over £1 trillion of custody assets. He also served as European Head of Operations at Pershing for eight years as a member of the UK Exco. He joined the Third Platform Services board in 2021 and has now been elevated to chairman.
David’s appointment allows Third to leverage his expertise in dealing with institutional volumes of client assets and will help guide the firm through the next stages of their growth plan. Third is on a mission to simplify and scale the wealth management and advice sectors, with its single platform offering delivering key information to clients and freeing up their time to offer better customer service.
Ian Partington, Group Chief Executive at Third Financial, commented: “Being able to bring someone on board with David’s experience underlines Third’s desire to continue a rapid yet sustainable growth path. David’s appointment will allow us to take the next steps in the market, reinforcing our credibility with larger clients that we can support all their custodial, technological and operational needs.
David Lewis, Chairman of Third Platform Services, said: “With consumer duty upon us, Third Financial’s ‘simplify and scale’ message will help clients ensure that they are meeting all necessary requirements. It’s an exciting proposition, and I can’t wait to help them get the word out in an industry in desperate need of modernisation.”
This announcement has been reported in the following publications: