This paper discusses the application of a layered triple hydroxide (FeMnNi-LTH) in removing Pb2+ and Cd2+ ions from aqueous solutions. The material was synthesized via co-precipitation, adhering to a molar ratio of 1:1:2 (Fe:Mn:Ni). It was characterized using FTIR, XRD, SEM and TEM. The results indicate that the synthesized material is classified as a hydrotalcite and exhibits a well-defined layered structure. Batch experiments were conducted to investigate the adsorption of Pb2+ and Cd2+ by FeMnNi-LTH, taking into account various factors such as coexisting ions, pH, temperature, adsorbent dosage, and contact time. The experimental results showed that the adsorption capacity of this material for Pb2+ and Cd2+ was 253.89 mg/g and 56.90 mg/g at 25 °C, respectively. Moreover, it exhibits a consistent high adsorption capacity across a broad pH range (pH 3–5.5). When cations coexist, they compete for adsorption sites in the following order: Zn2+ > Ca2+ > Mg2+ > Cd2+/Pb2+. Based on the calculated thermodynamic parameters, it is inferred that the adsorption process is endothermic and spontaneous. The adsorption mechanism, as analyzed by modeling and characterization, involves isomorphic substitution, surface complexation, precipitation, electrostatic attraction, and physical adsorption. The quantitative analysis of the adsorption mechanism revealed that FeMnNi-LTH primarily adsorbs Pb2+ and Cd2+ via precipitation and surface complexation. It was revealed by comparison with other adsorbents that the synthesized FeMnNi-LTH can be used for remediation of heavy metal pollution in water.