Quilter’s total assets under management and administration (AUMA) increased by 6 per cent to £126.3bn in the first half of 2025, driven by net inflows of £4.3bn and positive market performance.

Its interim results report showed core net inflows of £4.5bn, representing an annualised 8 per cent of opening AUMA, up from 3 per cent in H1 2024, or 7 per cent after non-core net outflows.

Platform assets under administration (AUA) increased by 8 per cent in H1 2025 to £92bn, with net inflows of £4.2bn, representing an annualised 10 per cent of opening AUA.

The assets under management of Quilter’s WealthSelect managed portfolio service (MPS) rose by 14 per cent in the first half of the year to £21bn.

Quilter’s Affluent segment delivered core net inflows of 9 per cent (annualised) of opening assets, up from 5 per cent in H1 last year, while its High Net Worth (HNW) segment’s net inflows rose to 3 per cent (annualised) of opening assets, up from 1 per cent in H1 2024.

The wealth management firm saw its adjusted profit before tax rise by 3 per cent year-on-year to £100m in the first half of 2025, while its revenues rose by 2 per cent year-on-year to £337m as higher management fee revenue was partially offset by lower investment revenue generated on shareholder funds.

“I’m pleased with our start to 2025,” commented Quilter chief executive officer, Steven Levin.

“Flow momentum remains excellent with our Affluent and HNW segments both outperforming their market peers for level of inflows and growth as a percentage of opening assets. This clearly demonstrates the powerful nature of our dual-distribution model.

“Our business has built on the momentum of the last two years, is in great shape and is continuing to deliver on the growth opportunities ahead.”

Looking ahead, Levin said the firm expected the next new decades to witness a significant intergenerational transfer in wealth, and appropriate personalised financial advice was needed to ensure this was undertaken as tax efficiently as possible.

He also said the firm saw significant growth potential in its HNW business, and believed that delivering on the potential growth of the HNW market required an evolution of traditional discretionary fund management models towards more differentiated propositions.

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