Third Financial is pleased to announce the transfer of another long-standing Tercero client to its all-inclusive, regulated custody and software Investment Platform service.
Mole Valley Asset Management (‘MVAM’) has been running its investment proposition on Third Financial’s wealth management software, Tercero, since 2014 and is now making the move to outsource its custody and back-office operations to Third too.
Commenting on the announcement, Third’s Commercial Director, Ricky Ali, said: “This move makes a lot of sense for both firms. It adds yet another very well-regarded investment firm to our Platform service, while giving MVAM the solid foundation they need for the strong growth they are anticipating in their business. Our continual investment in our technology, alongside our growing operations team, ensures we provide a top level of service to a wide variety of firms ranging from robos and IFAs to traditional private wealth managers and family offices.”
Craig Harper, Managing Director at Mole Valley Asset Management, said “This is the right time for us to change to an outsourced operations model. Tercero sits at the heart of our service and to be able to retain all the benefits of this software, while relying on Third’s custodial offering with its outstanding reputation for customer service, makes absolute sense. We look forward to this new chapter in our relationship with Third with great enthusiasm.”