Quilter adviser jobs at risk as firm moves towards self-employed model

Integration of Charles Derby and Lighthouse

Sophie King
clock • 3 min read

Advisers’ jobs at Quilter Financial Advisers are at risk as the firm looks to adopt a self-employed adviser model to continue its integration with Charles Derby and Lighthouse.

In a mandatory meeting held for all financial advisers on Tuesday morning (26 January), the advice giant said it was introducing the self-employed model within its national advice business, Quilter Financial Advisers (Quilter FA), removing all employed advisers. A Quilter spokesperson told Professional Adviser it launched the model as part of its continuing integration of Charles Derby Group and Lighthouse into Quilter FA. In January 2020, Charles Derby rebranded as Quilter FA after the advice giant acquired the firm in February 2019, a deal involving around 400 advisers. In June 2019...

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