Quilter’s platform has reported record quarterly net inflows of £1.9bn during the fourth quarter, latest results show.
It said its Q4 figures equated to 9% of opening assets under management/administration (AuMA) on an annualised basis. Quilter's platform saw both its gross and net inflows increase in the fourth quarter, 22% and 32% respectively year-on-year. The business said its IFA channel gross inflows onto the platform were up by 91% year-on-year. It added net IFA inflows of £1.2bn were "significantly higher" than Q4 2023 when it reported a £6m net inflow. Quilter CEO Steven Levin said: "Our platform delivered record quarterly net inflows of nearly £2bn, representing 9% of opening assets on...
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