Quilter has achieved notable growth with £1.5bn in quarterly platform net inflows, marking a significant milestone.
- The inflows represent an impressive 7% of opening Assets under Management and Administration (AUMA).
- Year-on-year, Quilter’s channel gross inflows surged by 22% and net inflows rose by 31%.
- IFA channel gross inflows experienced a remarkable 76% year-on-year increase.
- Quilter outperformed expectations during a typically low-activity summer quarter, boosting net inflows by £1bn.
Quilter has reported substantial quarterly platform net inflows amounting to £1.5bn, which corresponds to 7% of the opening Assets under Management and Administration (AUMA). This figure underscores the robust growth and market presence achieved by the firm.
Examining the year-on-year performance, Quilter’s channel gross inflows onto the platform have increased by an impressive 22%, while net inflows have risen by 31%. These figures highlight a strong market demand and the effectiveness of Quilter’s strategic approach in capturing market share.
The Independent Financial Adviser (IFA) channel gross inflows have demonstrated an exceptional 76% increase compared to the previous year. This substantial growth indicates a successful integration of services and a highly effective engagement with financial advisers.
Despite the summer period typically being slower in terms of market activity, Quilter managed to excel by achieving a £1bn increase in net inflows over the comparable period. The company’s performance reflects a considerable improvement from the previously recorded net outflow of £187m in Q3 2023.
Quilter CEO Steven Levin remarked on the performance, stating that the usually quiet summer quarter turned out to be very productive for the company, with both segments contributing significantly to the improved outcomes.
Quilter’s outstanding quarterly performance showcases its strategic competence and strong market positioning.
