Quilter has recorded quarterly platform net inflows of £1.5bn, representing 7% of opening Assets under Management and Administration (AUMA).
For the third quarter, Quilter channel gross inflows and net inflows onto the platform increased by 22% and 31% respectively year-on-year, according to a trading statement shared on Wednesday (16 October). Its IFA channel gross inflows onto the platform increased by 76% year-on-year. Net inflows increased by £1bn on the comparable period to £821m (Q3 2023: £187m net outflow). Quilter CEO Steven Levin said: "In what is traditionally the slower summer quarter, we have delivered an excellent performance. Both of our segments contributed to a significantly improved outcome from an already...
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