Quilter assets climb to £111.6bn as IFA inflows jump 400%
Review of appointed representative firms to commence shortly
ANNOUNCEMENT: UK Adviser is now PA Adviser. Read more.
Review of appointed representative firms to commence shortly
Gross outflows remained ‘elevated’ due to challenging macroeconomic backdrop
Assets under management stand at £17.6bn
Quilter also announced adviser school overhaul and rebrand
Adjusted operating profit in the investments arm of the business shrunk by 62% in 2023
New CEO Mark FitzPatrick will review ‘all elements of the business’ as he plans for 2030
Jump of 44% on the inflows through the same route a year ago
Total customers rose 12% in the year to reach 484,000
BM Investment Solutions offering for advisers contributed to 7.3% rise