The merger of Quilter Cheviot’s (QC) discretionary fund management (DFM) and financial planning businesses puts the final bit of the firm’s offerings together, its CEO Andrew McGlone told Professional Adviser.
Quilter's high net worth arm has set out to merge its DFM business Quilter Cheviot and financial planning business Quilter Cheviot Financial Planning (QCFP), with QC managing director Nick Holmes having overall first line oversight of the integrated business. It is set to merge as one entity in early 2025, meaning high-net-worth clients will only deal with one company for financial advice and investment management services. On why it decided to combine both businesses, McGlone said this was "because the future is moving in that direction". "Historically, the IFA market has been cri...
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