Quilter plc is a comprehensive wealth management business operating primarily in the United Kingdom. The company's business model is centered on providing financial advice, investment platforms, and discretionary fund management to affluent and high-net-worth individuals, as well as corporates, pension funds, and trusts. Quilter operates through two main segments: Affluent and High Net Worth. The Affluent segment, which generates the majority of the company's revenue, includes the Quilter Investment Platform, Quilter Investors (multi-asset investment solutions), and Quilter Financial Planning (a network of financial advisers). The High Net Worth segment comprises Quilter Cheviot, which offers discretionary investment management, and its associated financial planning services. Quilter generates revenue primarily through management fees based on assets under management and administration (AuMA), as well as advice fees and interest income on customer cash balances. The company's competitive position is strengthened by its vertically integrated, dual-distribution model, which captures flows both through its proprietary network of financial advisers and through independent financial advisers (IFAs) who utilize the Quilter platform. Originally part of Old Mutual plc, Quilter was spun off as an independent entity in 2018 and has since grown to manage over £140 billion in client assets, solidifying its position as one of the UK's leading wealth managers.
