A new generation of technology for the wealth and investment market
Technology entrepreneurs, Pete Caddick and Stewart Foster launched Step Fourth to develop a suite of digital solutions designed for UK Wealth Managers, Stockbrokers, Consolidators and Platform Providers.
Research conducted by Step Fourth has shown that the UK Wealth & Investment market dramatically lags other industries in the adoption of digital technology. Those products that are available lack innovation, are incomplete, need a high level of customisation and are prohibitively expensive to the majority of market participants.
To support the wealth and investment market, Step Fourth aims to be first to market with a new generation of client facing technologies that are functionality rich, out the box and available at a much lower price point.
How we work
What you can expect from us
The team
The people behind Step Fourth
Paul Harris
Chairman
Paul has an extensive track record of entrepreneurialism having established various financial services businesses in the UK and internationally These businesses include stockbroking, investment management, and financial advisory. His vast knowledge of the retail UK wealth management industry has been built up ever since he entered the industry in 1987, starting his career as a trainee stockbroker.
He has also advised the London Stock Exchange through being a member of the Private Client Committee as well as sitting on the Regional; Advisory Group (Midlands).
Stewart Foster
Co-Founder & Chief Executive
An experienced and successful IT Entrepreneur and CEO having worked at executive level for 20 years at both private and public companies.
Co-Founded Third Financial Software, a major supplier to the UK Investment Management market with its multi award winning Tercero system and multi-billion AuM FCA regulated operations outsourcing service. Successfully exited as shareholder when the business was sold to Nucleus Financial in June 24 for a rumoured £80m.
Stewart’s previous technology companies were known for their technically advanced, innovative and award-winning technology that in addition were commercially very successful for the shareholders.
Pete Caddick
Co-Founder & Chief Product Officer
Pete is a Fintech specialist with over 30 years of product design & development, consultancy, sales & management experience.
Pete has Co-founded several fintech firms including Third Financial Software where he was CTO, has held product ownership roles for public companies and been a member of executive management teams, most recently as Head of Product Wealth Outsourcing for a marking leading DFM Platform.
Pete has in-depth domain knowledge covering all aspects of the front, middle and back-office operations within Private Banking, Investment Management, Wealth Management, Fund & Portfolio Management environments.
Pete has successfully developed and managed several award-winning fintech products such as activebank Wealth Manager and Tercero.
Andy Smith
Chief Operating Officer
Andy has over 30 years of experience architecting and designing software solutions for the financial services sector. He graduated with a BSc (Honours) in Computing Science in 1994 and went on to hold a series of senior development positions across the UK and Europe, including at Deluxe Data International and Financial Objects Limited.
Andy joined RiskBusiness in 2005 as Technical Director, before being appointed Chief Technology Officer in 2012 — a role he held for over a decade. Across his career he has served as Technical Architect, Development Director, Chief Technology Officer and Chief Operating Officer, with particular expertise in Microsoft enterprise application architecture.
In July 2026, Andy was appointed Chief Operating Officer at Step Fourth Limited, a UK wealthtech firm. In this role, he oversees the company’s day-to-day operations, including development operations and customer services management.
Wealth management technology supporting the future
