Wealth manager Quilter reports assets surging to £119.4 billion, up 12%, with stock price up 5%.

Wealth manager Quilter reported a significant boost in assets under management and administration, reaching £119.4 billion, up from £106.7 billion a year ago. The company saw core net inflows jump to £1.96 billion, from £175 million the previous year, contributing to a 5% rise in its stock price. Quilter also highlighted record core net inflows of £5.2 billion in 2024, with a review of ongoing advice fees expected in March 2025 following a Financial Conduct Authority request.

2 months ago
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