Trinuclear phosphido complexes of palladium and nickel were synthesized and characterized. [M{(2‐Me2NC6H4)PPh}(OAc)]3 [M = Pd (2), Ni (6)] were obtained from the respective acetate, [Pd(OAc)2]3 or [Ni(OAc)2(H2O)4], in reactions with the secondary aminophosphane (2‐Me2NC6H4)PHPh (1). The chloride derivative [Pd{(2‐Me2NC6H4)PPh}Cl]3 (4a) was generated from the reaction of the chelating ligand 1 with Na2PdCl4. The reaction of the acetate 2 with p‐toluenesulfonic acid (pTsOH) led to the formation of the tosylate analogue [Pd{(2‐Me2NC6H4)PPh}(OTs)]3 (3). From the reaction of the tosylate trimer 3 with CsCl, CsBr or NaI, the substitution products [Pd{(2‐Me2NC6H4)PPh}X]3 [X = Cl (4a), Br (4b), I (4c)] were isolated. From the reaction of the acetate 2 with HBF4 or HClO4 in acetonitrile, the solvent adduct [Pd(NP)(NCCH3)]33+ was isolated as the BF4– (5a) or ClO4– salt (5b). The phosphido‐bridged complexes were characterized by single‐crystal structural analyses (2, 4, 5a and 6), solution NMR experiments, and in the case of 2 and 4a by solid‐state 31P cross‐polarization magic‐angle spinning NMR spectroscopy. The crystal structures show the six‐membered (MP)3 cores in twist‐boat or boat conformations that appear to be maintained in solution, according to NMR evidence. A search for (MP)3 structures in the Cambridge Structural Database reveals that these two conformations are the most common ones (46 % twist‐boat, 21 % boat, 17 % chair).