Quilter experienced record quarterly net inflows in the fourth quarter of 2025, rising by 21 per cent to £2.4bn, its latest update has shown.

This represented 7 per cent (annualised) of opening assets under management and administration (AUMA).

The firm noted that, across the financial services sector, speculation surrounding the UK Budget in November contributed to elevated client activity, which affected both gross inflows and outflows.

Its full-year 2025 core net inflows totalled £9.1bn, up by 75 per cent compared to 2024, representing 8 per cent of opening AUMA.

Quilter’s group AUMA increased by 5 per cent in Q4, reflecting the strong inflows and market movements of £4.1bn, while its group AUMA rose by 18 per cent year-on-year.

In its Affluent segment, Quilter saw net inflows of £2.41bn, representing 10 per cent (annualised) of opening AUMA.

The firm’s channel gross and net inflows on to the platform increased by 22 per cent and 18 per cent respectively year-on-year in the fourth quarter.

Meanwhile, its IFA channel gross inflows on to the platform rose by 31 per cent year-on-year, while its net inflows of £1.62bn were 29 per cent higher than Q4 2024.

In its High Net Worth segment, Quilter’s quarterly gross inflows totalled £678m, which was broadly consistent with prior quarters throughout the year.

However, there were net outflows of £17m from the segment, which Quilter said largely reflected client activity ahead of the Budget.

“We finished the year with strong momentum,” said Quilter chief executive officer, Steven Levin.

“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 £9.1bn in 2025 with quarterly inflows consistently above £2bn.

“This reflects the strength of our award-winning platform where assets finished the year at £105bn, making us the first discrete UK advised platform to surpass £100bn of assets under administration.

“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 £686m, representing 2 per cent 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.”

---