Cryptic crossword clue
One not among the first three managed by amateur orchestra 4-3

The most common and most likely answer to this crossword clue is the 4 plus 3 letter word ALSO RAN

I've seen this crossword clue in Financial Times
A
L
S
O
R
A
N


Buddy explains!

The straight part
We know that "One not among the first three" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case one not among the first three = also ran.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does ALSO RAN mean?

ALSO RAN noun
  1. A person or animal who competed in a race but did not win.
  2. A loser; a person or thing soon to be forgotten.

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