Quilter platform inflows rise 25%

Net inflows to the Quilter platform in the third quarter rose 25% year-on-year to £2.6bn, representing 9% of assets under management.

Quarterly net inflows into the platform from independent financial advisers rose 33% year-on-year for the three months ended 30 September, according to a trading statement from the wealth manager and Financial Planner today.

Total core net inflows for Quilter were £2.9bn for the quarter, consistent with net inflows seen in the first two quarters of this year.

The wealth manager said it expects to beat its record £9.1bn of core net flows in 2025 by the end of the next quarter.

Assets under management and advice rose 19% year-on-year to £160.5bn as at 30 September (30 September 2025: £134.8bn).

The wealth manager’s High Net Worth segment recovered during the quarter with net inflows rising 35% year-on-year to £322m, following actions Quilter took to strengthen the business by repositioning its distribution efforts during the first half.

Steven Levin, CEO of Quilter, said he expects another record year for the firm and called on the Government not to make any major changes in the upcoming Budget next week.

He said: “High Net Worth delivered another quarter of consistent positive flows, reflecting improving momentum and the strength of our client offering.

“As the Government considers measures to support economic growth in the upcoming Budget, we believe there is a significant opportunity to strengthen the UK's investment culture. Long-term investment is best supported by a stable and predictable policy environment that gives consumers, advisers and providers the confidence to plan for the future.”

In the first half of this year adjusted profit before tax rose 12% to £112m as assets recovered from the hit taken due to market movements at the start of the year.

Assets under management and administration as at 30 June for the wealth manager were £154.5bn, a 9% rise from the £141.9bn at 31 March.

Assets rose 25% year on year reflecting net inflows of £5.8bn and a recovery in the markets.

Quilter also added a number of Financial Planners during the first half. The number of Quilter Restricted Financial Planners increased by nine to end the half at 1,462.

In June Quilter launched a Targeted Support offering through its Quilter Invest arm, one of the first to sign up to the new regime launched by the regulator in April. 

Mr Levin said: “While the operation remains at the early-growth stage, it provides us with another distribution channel for future generations, and we have been able to test and evolve potential customer propositions in an accelerated manner.”