Third Platform Services, the Investment Platform division of Third Financial, announces its Assets under Administration have risen 40% since January to a new high of over £5 billion. The growth is largely attributed to continuing very strong inflows from existing and new customers of the service across each of Third's customer segments: Wealth Managers and Family Offices; IFAs; and FinTechs.
Commenting on the milestone Ian Partington, Group Chief Executive, said "These most recent figures are testament to the quality of the service we provide to our customers and to their clients. We are operating in a very competitive market with new entrants trying to grab market share, almost at any price. We are very pleased to note that the prospects we talk to value our commitment to a quality service and understand the importance of choosing a respected provider to safeguard their clients' assets. Coupling that peace-of-mind with our market-leading technology platform, Tercero, and the unrivalled attention to detail, helpfulness and market expertise of our staff is proving beyond the reach of our competitors."