Lulworth Investment Partners selects Third Financial to provide platform services

Third Financial has been selected by Lulworth Investment Partners to provide custody and platform services through its Model B proposition.

The discretionary investment management firm focuses delivering a personalised service and portfolio construction to high-net-worth clients.

As its proposition developed, Lulworth identified the need for a custody and placing partner that could combine technology with the service and flexibility required to support clients with complex needs.

The firm said its partnership further strengthens Third Financial’s position as a platform and custody solutions provider for discretionary investment managers, advisory firms and wealth management businesses looking to gain greater control over their propositions while benefiting from specialist operational support.

Head of investment at Lulworth, Harry Sevier, stated: “When building Lulworth, it was important for us to find a partner whose service model aligned with the personalised and flexible approach to portfolio construction we want to deliver to clients. Third Financial stood out as the obvious choice to deliver the foundation for our client proposition and a long-term strategic partner for future growth.

“From the very first meeting, the team at Third demonstrated a clear understanding of our business and ambitions. Their support enabled us to move quickly from our initial agreement through authorisation and implementation in just three months, giving us confidence that we had the right foundations in place as we began onboarding clients.

"With Third we have a partner that can provide both the infrastructure and flexibility needed to support a growing discretionary business while allowing us to remain focused on delivering good investment outcomes and client service.”

Ricky Ali, commercial director at Third Financial, added: "Being chosen to support Lulworth during the next stage of its growth is a vote of confidence in our proposition, our people and the backing we have from the Nucleus group.

"Harry and his team have built a high-quality, founder-led business with a clear vision for the service they want to provide. We have worked closely with them throughout their authorisation process and are proud that they have chosen us as their long-term strategic partner.

"Our Model B proposition is designed to give firms greater flexibility and control over the experience they deliver to their clients, backed by the technology, operational expertise and dedicated support required to help them grow with confidence."

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