REG - Quilter PLC - Q4 2025 Trading Statement
Today 07:00
For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260121:nRSU6696Pa&default-theme=true
RNS Number : 6696P Quilter PLC 21 January 2026
21 January 2026
Quilter plc
Fourth Quarter 2025 Trading Statement: Record quarter despite budget
uncertainty
Quilter reports record quarterly core net inflows of £2.4 billion. Q4 core
net inflows increased 21% on the prior year period and represented 7%
(annualised) of opening AuMA.
Full year 2025 core net inflows of £9.1 billion, 75% ahead of 2024 (£5.2
billion), and represented 8% of opening AuMA (2024: 5%).
Quilter plc highlights:
Group Assets under Management and Administration ("AuMA"): £141.2 billion at
31 December 2025, increased by 5% from 30 September 2025 reflecting reported
net inflows of £2.3 billion and market movements of £4.1 billion. Group AuMA
increased by 18% over the year.
Fourth quarter flows:
· Across the financial service sector, speculation on the UK Budget
in November 2025 contributed to elevated client activity which impacted both
gross inflows and outflows. Against this backdrop, Quilter achieved record
core net inflows of £2.4 billion, an increase of 21% on the equivalent prior
year period.
· In the Affluent segment, the strength of the Quilter Platform
proposition continues to be demonstrated by strong business volumes:
o Quarterly net inflows of £2,410 million represented 10% (annualised) of
opening AuMA versus £1,919 million in the comparable period (9% (annualised)
of opening AuMA).
o Quilter channel gross and net inflows onto the Platform increased 22% and
18% respectively year-on-year. Quilter channel net inflows for FY 2025
increased 12% year-on-year.
o IFA channel gross inflows onto the Platform increased 31% year-on-year.
IFA channel net inflows of £1,623 million were 29% higher than the comparable
period (Q4 2024: £1,255 million). IFA channel net inflows for FY 2025
increased 92% year-on-year.
· In the High Net Worth segment:
o Quarterly gross inflows of £678 million were broadly consistent with
prior quarters throughout the year with total gross inflows of £2,969 million
for FY 2025.
o The fourth quarter net outflow of £17 million largely reflected client
activity ahead of the UK Budget at the end of November. Outflows returned to
lower levels in December with the segment delivering positive net inflows in
that month. Net inflows for FY 2025 of £686 million represented 2% of opening
AuMA and increased 15% year-on-year.
· Core business persistency levels improved over the year by c.1
percentage point.
· Productivity: Quilter channel annualised gross sales per Quilter
Adviser were £3.7 million in the fourth quarter, around 12% higher
year-on-year.
· Financial Results for the year ended 31 December 2025 will be
announced on 4 March 2026.
Quilter plc: Three months ended 31 December 2025
Quilter plc, unaudited Q4 2025 Q4 2024
AuMA: Reported (£bn) 141.2 119.4
Of which are administered on the UK Platform 104.6 85.4
Of which are administered on external platforms 5.9 6.2
Of which High Net Worth 32.5 29.5
Gross flow: Reported (£m) 5,669 4,589
Net inflow: Core (£m) 2,365 1,960
Net inflow: Reported (£m) 2,286 1,845
Productivity: Quilter channel gross sales per Quilter Adviser (£m, 3.7 3.3
annualised)
Quilter plc: Year ended 31 December 2025
Quilter plc, unaudited 2025 2024
AuMA: Reported (£bn) 141.2 119.4
Gross flow: Reported (£m) 20,096 16,044
Net inflow: Core (£m) 9,098 5,200
Net inflow: Reported (£m) 8,727 4,759
Productivity: Quilter channel gross sales per Quilter Adviser (£m) 3.4 3.2
Steven Levin, Chief Executive Officer of Quilter plc, commented:
"We finished the year with strong momentum. The fourth quarter was our
strongest quarter of the year, despite market uncertainty caused by
speculation on potential tax changes ahead of the UK Budget at the end of
November.
"Our core business delivered record full year net inflows of £9.1 billion in
2025 with quarterly inflows consistently above £2 billion. This reflects the
strength of our award-winning Platform where assets finished the year at £105
billion, making us the first discrete UK advised platform to surpass £100
billion of assets under administration. With our Platform flows achieving 10%
of opening AuMA in the final quarter, we are distinctly positioned as both the
largest and fastest growing mainstream UK advised platform.
"Our High Net Worth segment continued to deliver solid levels of new business
in the fourth quarter. Client portfolio repositioning ahead of the November UK
Budget led to temporary higher outflows in October and November. Following the
UK Budget, outflows returned to lower levels and the business achieved
positive net inflows in December. For 2025 overall, the High Net Worth segment
delivered net inflows of £686 million, representing 2% of opening assets.
"Our performance in 2025 demonstrates the strength of our two distribution
channels. Our scale, distribution reach and compelling propositions make us
uniquely positioned to meet our customers' needs and to benefit from the
secular growth opportunity that the UK Wealth market offers."
Enquiries
Investor Relations:
John-Paul Crutchley
+44 (0) 7741 385 251
Keilah
Codd
+44 (0) 7776 649 681
Media:
Tim
Skelton-Smith
+44 (0) 7824 145 076
Camarco:
Geoffrey Pelham-Lane +44 (0)
7733 124 226
Ben
Woodford
+44 (0) 7990 653 341
Company Secretary:
Clare
Barrett
+44 (0) 7741 384 512
About Quilter plc
Quilter plc is a leading provider of financial advice, investments and wealth
management, committed to being the UK's best wealth manager for clients and
their advisers.
Quilter oversees £141.2 billion in customer investments as at 31 December
2025.
The business is comprised of two segments: Affluent and High Net Worth.
Affluent encompasses the financial planning business, Quilter Financial
Planning, the investment platform, Quilter Investment Platform, the digital
savings and investment app, Quilter Invest, and the multi-asset investment
solutions business, Quilter Investors.
High Net Worth comprises the discretionary fund management and financial
planning business, Quilter Cheviot.
Disclaimer
This announcement may contain forward-looking statements with respect to
certain Quilter plc's plans and its current goals and expectations relating to
its future financial condition, performance and results.
By their nature, all forward-looking statements involve risk and uncertainty
because they relate to future events and circumstances which are beyond
Quilter plc's control, including, amongst other things, international and
global economic and business conditions; the implications and economic impact
of global conflicts, economic and political uncertainty, market related risks
such as fluctuations in interest rates, inflation, deflation, equity markets,
credit markets, and exchange rates, the policies, actions and timing of
decisions by regulatory authorities, changes in laws, tax policy or
regulations in the jurisdictions in which Quilter plc and its affiliates
operate; and impact of competition within the financial services industry.
Forward looking statements are also subject to risks relating to operational
and technological resilience, including cybersecurity threats, data breaches,
system failures, IT infrastructure changes, and dependence on third party
suppliers and outsourcing partners. Additional uncertainties may arise from
evolving consumer behaviours, demographic trends, and the broader
macroeconomic environment, as well as the timing, completion and integration
of any future acquisitions, divestments or business combinations.
These and other factors could cause Quilter plc's actual future financial
condition, performance and results to differ materially from the plans, goals
and expectations expressed or implied by forward looking statements. Quilter
plc therefore cautions readers not to place undue reliance on such statements,
which speak only as of the date made, and undertakes no obligation to update
publicly or revise this announcement or any forward looking statements,
whether as a result of new information, future events or otherwise, except as
required by applicable law.
Quilter plc data tables for the three months ended 31 December 2025 (£bn) -
unaudited
2025 Q4 gross flows, net flows & AuMA (£bn), unaudited AuMA Gross Net AuMA Of which managed by Quilter
flows
as at
(£m) flows as at AuM as at
30 September
31 December
(£m)
31 December
2025 2025
2025
Affluent segment
Quilter channel(1,2) 21.8 1,246 779 21.4 17.5
IFA channel on Quilter Investment Platform 77.9 3,584 1,623 83.8 17.0
Funds via third-party platform 2.2 170 (22) 2.4 2.4
Total Affluent segment core business 101.9 5,000 2,380 107.6 36.9
Total High Net Worth segment(3) 31.6 678 (17) 32.5 32.5
Inter-segment Dual Assets(4) (1.7) (30) 2 (1.8) (0.4)
Quilter plc core business 131.8 5,648 2,365 138.3 69.0
Non-core 3.0 21 (79) 2.9 1.6
Quilter plc reported 134.8 5,669 2,286 141.2 70.6
Affluent AuMA breakdown (incl. Non-core):
Affluent administered only 68.5 3,135 1,554 72.0
Affluent managed and administered 30.5 1,619 856 32.6
Quilter Platform Sub-Total(5) 99.0 4,754 2,410 104.6
Affluent external platform 5.9 267 (109) 5.9
Affluent Total (Including Non-core) 104.9 5,021 2,301 110.5
(1) Quilter channel fourth quarter Platform discrete gross flows and net
inflows were £1,168m and £818m respectively, with closing AuMA of £19.5bn.
(2) Where a Quilter channel firm leaves the Quilter network, their balances
remain in the opening Quilter channel assets but their closing assets and
flows are reclassified as IFA channel from the point of transfer.
(3) The High Net Worth segment fourth quarter discrete Quilter channel gross
and net inflows were £166m and £115m respectively, with closing AuM of
£4.3bn.
(4) Inter-segment dual assets reflect funds managed by Quilter Cheviot and
administered by Quilter Investors and the Quilter Cheviot managed portfolio
service solutions available to advisers on the Quilter Investment Platform.
This is excluded from total AuMA to ensure no double count takes place.
(5)The Quilter Platform includes £2m of gross flows, £31m of net outflows
and £1.3bn of closing AuA related to non-core assets.
Quilter plc data tables for the full year ended 31 December 2025 (£bn) -
unaudited
2025 gross flows, net flows & AuMA (£bn), unaudited AuMA Gross Net AuMA Of which managed by Quilter
flows
as at
(£m) flows as at AuM as at
31 December
31 December (£m)
31 December
2025
2024 2025
Affluent segment
Quilter channel(1,2) 19.1 4,438 2,803 21.4 17.5
IFA channel on Quilter Investment Platform 67.5 12,311 5,832 83.8 17.0
Funds via third-party platform 1.9 532 (132) 2.4 2.4
Total Affluent segment core business 88.5 17,281 8,503 107.6 36.9
Total High Net Worth segment(3) 29.5 2,969 686 32.5 32.5
Inter-segment Dual Assets(4) (1.7) (231) (91) (1.8) (0.4)
Quilter plc core business 116.3 20,019 9,098 138.3 69.0
Non-core 3.1 77 (371) 2.9 1.6
Quilter plc reported 119.4 20,096 8,727 141.2 70.6
Affluent AuMA breakdown (incl. Non-core):
Affluent administered only 60.2 10,969 5,772 72.0
Affluent managed and administered 25.2 5,477 2,934 32.6
Quilter Platform Sub-Total(5) 85.4 16,446 8,706 104.6
Affluent external platform 6.2 912 (574) 5.9
Affluent Total (Including Non-core) 91.6 17,358 8,132 110.5
(1) Quilter channel year to date Platform discrete gross flows and net inflows
were £4,127m and £2,993m respectively, with closing AuMA of £19.5bn.
(2). Where a Quilter channel firm leaves the Quilter network, their balances
remain in the opening Quilter channel assets but their closing assets and
flows are reclassified as IFA channel from the point of transfer.
(3) The High Net Worth segment year to date Quilter channel gross flows and
net inflows were £718m and £533m respectively, with closing AuM of £4.3bn.
(4) Inter-segment dual assets reflect funds managed by Quilter Cheviot and
administered by Quilter Investors and the Quilter Cheviot managed portfolio
service solutions available to advisers on the Quilter Investment Platform.
This is excluded from total AuMA to ensure no double count takes place.
(5)The Quilter Platform includes £8m of gross flows, £119m of net outflows
and £1.3bn of closing AuA related to non-core assets.
Quilter plc data tables for the three months ended 31 December 2024 (£bn) -
unaudited
2024 Q4 gross flows, net flows & AuMA (£bn), unaudited AuMA Gross Net AuMA Of which managed by Quilter
flows
as at
(£m) flows as at AuM as at
30 September
31 December
(£m)
31 December
2024 2024
2024
Affluent segment
Quilter channel(1) 18.5 1,057 641 19.1 15.2
IFA channel on Quilter Investment Platform 65.4 2,742 1,255 67.5 12.4
Funds via third-party platform 1.9 116 (64) 1.9 1.9
Total Affluent segment core business 85.8 3,915 1,832 88.5 29.5
Total High Net Worth segment(2) 28.8 767 208 29.5 29.5
Inter-segment Dual Assets(3) (1.6) (105) (80) (1.7) (0.5)
Quilter plc core business 113.0 4,577 1,960 116.3 58.5
Non-core 3.2 12 (115) 3.1 1.9
Quilter plc reported 116.2 4,589 1,845 119.4 60.4
Affluent AuMA breakdown (incl. Non-core):
Affluent administered only 58.3 2,535 1,289 60.2
Affluent managed and administered 24.3 1,164 630 25.2
Quilter Platform Sub-Total(4) 82.6 3,699 1,919 85.4
Affluent external platform 6.4 228 (202) 6.2
Affluent Total (Including Non-core) 89.0 3,927 1,717 91.6
(1) Quilter channel fourth quarter Platform discrete gross flows and net
inflows were £954m and £693m respectively, with closing AuMA of £16.7bn.
(2) The High Net Worth segment Quilter channel fourth quarter discrete gross
flows and net inflows were £182m and £149m respectively, with closing AuM of
£3.6bn.
(3) Inter-segment dual assets reflect funds managed by Quilter Cheviot and
administered by Quilter Investors and the Quilter Cheviot managed portfolio
service solutions available to advisers on the Quilter Investment Platform.
This is excluded from total AuMA to ensure no double count takes place.
(4)The Quilter Platform includes £3m of gross flows, £29m of net outflows
and £1.2bn of closing AuA related to non-core assets.
Quilter plc data tables for the full year ended 31 December 2024 (£bn) -
unaudited
2024 gross flows, net flows & AuMA (£bn), unaudited AuMA Gross Net AuMA Of which managed by Quilter
flows
as at
(£m) flows as at AuM as at
31 December
31 December (£m)
31 December
2024
2023 2024
Affluent segment
Quilter channel(1) 17.2 4,105 2,293 19.1 15.2
IFA channel on Quilter Investment Platform 58.7 8,801 3,040 67.5 12.4
Funds via third-party platform 1.6 401 (400) 1.9 1.9
Total Affluent segment core business 77.5 13,307 4,933 88.5 29.5
Total High Net Worth segment(2) 27.0 3,116 599 29.5 29.5
Inter-segment Dual Assets(3) (1.1) (447) (332) (1.7) (0.5)
Quilter plc core business 103.4 15,976 5,200 116.3 58.5
Non-core 3.3 68 (441) 3.1 1.9
Quilter plc reported 106.7 16,044 4,759 119.4 60.4
Affluent AuMA breakdown (incl. Non-core):
Affluent administered only 53.2 7,974 3,272 60.2
Affluent managed and administered 20.6 4,454 2,314 25.2
Quilter Platform Sub-Total(4) 73.8 12,428 5,586 85.4
Affluent external platform 7.0 947 (1,094) 6.2
Affluent Total (Including Non-core) 80.8 13,375 4,492 91.6
(1) Quilter channel year to date Platform gross flows and net inflows were
£3,615m and £2,662m respectively, with closing AuMA of £16.7bn.
(2) The High Net Worth segment year to date Quilter channel gross flows and
net inflows were £743m and £595m respectively, with closing AuM of £3.6bn.
(3)Inter-segment dual assets reflect funds managed by Quilter Cheviot and
administered by Quilter Investors and the Quilter Cheviot managed portfolio
service solutions available to advisers on the Quilter Investment Platform.
This is excluded from total AuMA to ensure no double count takes place.
(4)The Quilter Platform includes £12m of gross flows, £116m of net outflows
and £1.2bn of closing AuA related to non-core assets.
( )
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END TSTBRGDBDDDDGLG
Copyright 2019 Regulatory News Service, all rights reservedRecent news on Quilter
See all newsREG - Quilter PLC - Q4 2025 Trading Statement
AnnouncementREG - Quilter PLC - Holding(s) in Company
AnnouncementREG - Quilter PLC - Holding(s) in Company
AnnouncementREG - abrdn Euro Logistics Quilter PLC - Holding(s) in Company
AnnouncementREG - Quilter PLC - Director/PDMR Shareholding
Announcement