Third Quarter 2026 Trading Statement

Quilter

Yesterday 07:00

RNS Number : 7486Z
  
Quilter PLC
  
21 October 2026
  
 

21 October 2026


Quilter plc


Third Quarter 2026 Trading Statement


 


Continued strong net flows and increasing market share deliver £8.9 billion of core net inflows year to date, broadly in line with the 2025 Full Year outcome, representing 9% (annualised) of opening assets (2025: 8%).


 


Quilter plc highlights:


Group reported Assets under Management and Administration (“AuMA”): increased to £160.5 billion, up 19% year-on-year.


Q3 core net inflows of £2.9 billion, maintaining the strong 2026 run-rate.


Year-to-date core net inflows of £8.9 billion, up 31% year-on-year, broadly in line with the 2025 Full Year outcome of £9.1 billion, and equivalent to 9% (annualised) of opening assets (2025: 8% annualised).


Platform net inflows of £8.0 billion year-to-date, reinforcing Quilter's position as the UK's leading advice platform.


High Net Worth net inflows up 20% year-to-date, reflecting improving momentum from the business.


Core business persistency remained strong at 91% year-to-date.


Quilter adviser productivity increased 9% year-on-year in the third quarter.


 


Third quarter flows:


Quilter continues to demonstrate strong momentum with third quarter core net inflows of £2.9 billion, consistent with the first half run-rate: 


In our Affluent segment, the strength of the Quilter Platform proposition continues to be demonstrated by strong business volumes:

Quarterly Platform net inflows of £2.6 billion increased by 25% year-on-year and represented 9% (annualised) of opening AuMA (Q3 2025: £2.1 billion, 9% annualised).


Quarterly net inflows onto the Platform from Quilter advisers increased 10% year-on-year, with year-to-date net inflows representing 18% (annualised) of opening assets (2025: 17% annualised).


Quarterly net inflows onto the Platform from independent advisers increased by 33% year-on-year, with year-to-date net inflows representing 9% (annualised) of opening assets (2025: 8% annualised). 


In our High Net Worth segment we continue to build net inflow momentum reflecting the actions we have taken to strengthen the business:

Quarterly gross inflows of £873 million were broadly consistent with the 2026 first half run-rate.


Quarterly net inflows of £322 million increased 35% year-on-year and represented 4% (annualised) of opening AuMA (Q3 2025: 3% annualised).


 





Quilter plc: Three months ended 30 September 2026


 


 





Quilter plc, unaudited


Q3 2026


Q3 2025





AuMA: Reported (£bn)


160.5


134.8





Of which are administered on the UK Platform


120.8


99.0





Of which are administered on external platforms


6.1


5.9





Of which High Net Worth


35.6


31.6





Gross flow: Reported (£m)


6,011


4,944





Net inflow: Core (£m)


2,891


2,227





Net inflow: Reported (£m)


2,737


2,118





Productivity: Quilter channel gross sales per Quilter Adviser (£m, annualised)


3.7


3.4





 


 


 


Quilter plc: Nine months ended 30 September 2026


 


 


Quilter plc, unaudited


YTD 2026


YTD 2025


AuMA: Reported (£bn)


160.5


134.8


Gross flow: Reported (£m)


17,918


14,427


Net inflow: Core (£m)


8,850


6,733


Net inflow: Reported (£m)


8,535


6,441


Productivity: Quilter channel gross sales per Quilter Adviser (£m, annualised)


3.8


3.3





 


 


 





 


 


 














Steven Levin, Chief Executive Officer of Quilter plc, commented:


“In the third quarter we maintained our strong momentum across the business. We have delivered core net flows of approximately £3 billion in each quarter of 2026, taking year-to-date core net flows to £8.9 billion by the end of the third quarter, just short of the record £9.1 billion delivered in the whole of 2025. We surpassed that milestone early in the fourth quarter.


“This performance reflects the strength of our dual-channel model, the quality of our propositions and our leading service offering. Gross inflows increased by 22% year-on-year during the quarter, while gross outflow rates remained stable and in line with first-half levels.


“The UK advice platform market continues to consolidate around a small number of scale providers, and Quilter remains both the largest and fastest growing of these. Our leadership position was recognised again during the quarter, with our platform winning ‘Platform of the Year’ for a third consecutive year at the Vanguard Platform Awards, alongside ‘Best Platform’ awards from both Money Marketing and Moneyfacts.


“WealthSelect continues to go from strength to strength. As the UK's largest MPS provider, funds under management exceeded £30 billion for the first time during the quarter, highlighting the continued appeal of our investment proposition to advisers and clients.


“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.


“We are mindful of the current geopolitical uncertainty. Our advice-led philosophy is designed to support customers through all market conditions. Our consistent strong flow performance reflects our customers’ recognition of the quality of our service and propositions, together with the strength of our distribution capabilities. 


“The long-term growth opportunity in UK wealth management remains compelling. With strong momentum across our businesses, market-leading positions in our core markets and a clear focus on client outcomes, we remain well placed to capture that opportunity.”


 


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 £160.5 billion in customer investments as at 30 September 2026.


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 30 September 2026 (£bn) – unaudited


2026 Q3 gross flows, net flows & AuMA (£bn), unaudited


AuMA


as at 


30 June


2026


Gross   
flows 
(£m)


Net 


flows 


(£m)


AuMA


as at  
 30 September


2026


Of which managed by Quilter 


AuM as at 


30 September


2026


 


 


 


 


 


 


Affluent segment


 


 


 


 


 


Quilter channel1,2


24.8


1,234


797


25.1


20.7


IFA channel on Quilter Investment Platform


93.7


3,661


1,752


96.2


18.8


Funds via third-party platform


2.7


315


85


2.8


2.8


Total Affluent segment core business


121.2


5,210


2,634


124.1


42.3


 


 


 


 


 


 


Total High Net Worth segment3


35.2


873


322


35.6


35.6


 


 


 


 


 


 


Inter-segment Dual Assets4


(1.9)


(83)


(65)


(2.0)


(0.6)


 


 


 


 


 


 


Quilter plc core business


154.5


6,000


2,891


157.7


77.3


 


 


 


 


 


 


Non-core


2.9


11


(154)


2.8


1.5


 


 


 


 


 


 


Quilter plc reported


157.4


6,011


2,737


160.5


78.8


 


 


 


 


 


 


Affluent AuMA breakdown (incl. Non-core):


 


 


 


 


 


Affluent administered only


81.1


3,166


1,650


83.1


 


Affluent managed and administered 


36.8


1,679


922


37.7


 


Quilter Platform Sub-Total5


117.9


4,845


2,572


120.8


 


Affluent external platform 


6.2


376


(92)


6.1


 


Affluent Total (Including Non-core)


124.1


5,221


2,480


126.9


 


1 Quilter channel third quarter Platform discrete gross flows and net flows were £1,182m and £841m respectively, with closing AuMA of £23.3bn. 


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 third quarter discrete Quilter channel gross and net flows were £136m and £89m respectively, with closing AuM of £4.8bn.


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, £21m of net outflows and £1.3bn of closing AuA related to non-core assets.


 


Quilter plc data tables for the nine months ended 30 September 2026 (£bn) – unaudited


2026 YTD gross flows, net flows & AuMA (£bn), unaudited


AuMA


as at 


31 December


2025


Gross   
flows 
(£m)


Net 


flows 


(£m)


AuMA


as at  
 30 September


2026


Of which managed by Quilter 


AuM as at 


30 September


2026


 


 


 


 


 


 


Affluent segment


 


 


 


 


 


Quilter channel1,2


21.4


3,801


2,544


25.1


20.7


IFA channel on Quilter Investment Platform


83.8


10,799


5,418


96.2


18.8


Funds via third-party platform


2.4


766


143


2.8


2.8


Total Affluent segment core business


107.6


15,366


8,105


124.1


42.3


 


 


 


 


 


 


Total High Net Worth segment3


32.5


2,679


844


35.6


35.6


 


 


 


 


 


 


Inter-segment Dual Assets4


(1.8)


(176)


(99)


(2.0)


(0.6)


 


 


 


 


 


 


Quilter plc core business


138.3


17,869


8,850


157.7


77.3


 


 


 


 


 


 


Non-core


2.9


49


(315)


2.8


1.5


 


 


 


 


 


 


Quilter plc reported


141.2


17,918


8,535


160.5


78.8


 


 


 


 


 


 


Affluent AuMA breakdown (incl. Non-core):


 


 


 


 


 


Affluent administered only


72.0


9,252


5,053


83.1


 


Affluent managed and administered 


32.6


5,176


2,940


37.7


 


Quilter Platform Sub-Total5


104.6


14,428


7,993


120.8


 


Affluent external platform 


5.9


987


(203)


6.1


 


Affluent Total (Including Non-core)


110.5


15,415


7,790


126.9


 


1 Quilter channel year to date Platform discrete gross flows and net flows were £3,616m and £2,646m respectively, with closing AuMA of £23.3bn.


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 flows were £450m and £256m respectively, with closing AuM of £4.8bn.


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 £13m of gross flows, £71m of net outflows and £1.3bn of closing AuA related to non-core assets.


​
 
 


Quilter plc data tables for the three months ended 30 September 2025 (£bn) – unaudited


2025 Q3 gross flows, net flows & AuMA (£bn), unaudited


AuMA


as at 


30 June


2025


Gross   
flows 
(£m)


Net 


flows 


(£m)


AuMA


as at  
 30 September


2025


Of which managed by Quilter 


AuM as at 


30 September


2025


 


 


 


 


 


 


Affluent segment


 


 


 


 


 


Quilter channel1,2


20.2


1,119


701


21.8


17.7


IFA channel on Quilter Investment Platform


72.7


2,986


1,321


77.9


14.8


Funds via third-party platform


2.1


112


(22)


2.2


2.2


Total Affluent segment core business


95.0


4,217


2,000


101.9


34.7


 


 


 


 


 


 


Total High Net Worth segment3


30.0


758


239


31.6


31.6


 


 


 


 


 


 


Inter-segment Dual Assets4


(1.6)


(44)


(12)


(1.7)


(0.4)


 


 


 


 


 


 


Quilter plc core business


123.4


4,931


2,227


131.8


65.9


 


 


 


 


 


 


Non-core


2.9


13


(109)


3.0


1.7


 


 


 


 


 


 


Quilter plc reported


126.3


4,944


2,118


134.8


67.6


 


 


 


 


 


 


Affluent AuMA breakdown (incl. Non-core):


 


 


 


 


 


Affluent administered only


64.2


2,653


1,265


68.5


 


Affluent managed and administered 


27.8


1,385


790


30.5


 


Quilter Platform Sub-Total5


92.0


4,038


2,055


99.0


 


Affluent external platform 


5.9


192


(164)


5.9


 


Affluent Total (Including Non-core)


97.9


4,230


1,891


104.9


 


1 Quilter channel third quarter Platform discrete gross flows and net flows were £1,049m and £767m respectively, with closing AuMA of £19.8bn.


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 Quilter channel third quarter discrete gross flows and net flows were £161m and £118m respectively, with closing AuM of £4.1bn.


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 £3m of gross flows, £33m of net outflows and £1.3bn of closing AuA related to non-core assets.




 


 

Quilter plc data tables for the nine months ended 30 September 2025 (£bn) – unaudited


2025 YTD gross flows, net flows & AuMA (£bn), unaudited


AuMA


as at 


31 December 


2024


Gross   
flows 
(£m)


Net 


flows 


(£m)


AuMA


as at  
 30 September


2025


Of which managed by Quilter 


AuM as at 


30 September


2025


 


 


 


 


 


 


Affluent segment


 


 


 


 


 


Quilter channel1,2


19.1


3,192


2,024


21.8


17.7


IFA channel on Quilter Investment Platform


67.5


8,727


4,209


77.9


14.8


Funds via third-party platform


1.9


362


(110)


2.2


2.2


Total Affluent segment core business


88.5


12,281


6,123


101.9


34.7


 


 


 


 


 


 


Total High Net Worth segment3


29.5


2,291


703


31.6


31.6


 


 


 


 


 


 


Inter-segment Dual Assets4


(1.7)


(201)


(93)


(1.7)


(0.4)


 


 


 


 


 


 


Quilter plc core business


116.3


14,371


6,733


131.8


65.9


 


 


 


 


 


 


Non-core


3.1


56


(292)


3.0


1.7


 


 


 


 


 


 


Quilter plc reported


119.4


14,427


6,441


134.8


67.6


 


 


 


 


 


 


Affluent AuMA breakdown (incl. Non-core):


 


 


 


 


 


Affluent administered only


60.2


7,834


4,218


68.5


 


Affluent managed and administered 


25.2


3,858


2,078


30.5


 


Quilter Platform Sub-Total5


85.4


11,692


6,296


99.0


 


Affluent external platform 


6.2


645


(465)


5.9


 


Affluent Total (Including Non-core)


91.6


12,337


5,831


104.9


 


1 Quilter channel year to date Platform gross flows and net flows were £2,959m and £2,175m respectively, with closing AuMA of £19.8bn.


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 flows were £552m and £418m respectively, with closing AuM of £4.1bn.


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 £6m of gross flows, £88m of net outflows and £1.3bn of closing AuA related to non-core assets.


 


 


 


 


 


 
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