Quilter chief executive Paul Feeney has said the decision to combine Quilter Cheviot with Quilter Private Client Advisers (QPCA) made complete sense for the firm's high net worth client base.
In its yearly results published on Wednesday (10 March), the business said it would continue to "simplify" and better align its resources by transferring QPCA into Quilter Cheviot later this year. The results said the combination of the advice firm and its DFM would result in a "seamless client proposition" of advice and bespoke investment management for high net worth clients. Speaking to Professional Adviser, Feeney (pictured) said now is the right time to make the merger. "We've got two businesses who are both dealing with the same net worth of clients. "Quilter is all about fu...
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