MPS assets set to surpass £200bn as growth continues

NextWealth's latest MPS Proposition Comparison Report 2025 found that assets grew by £46bn to £190bn in the 12 months to the end of September 2025, representing 32% year-on-year growth. Of the assets added in the past year, £28.6bn was from 10 firms (62% of net growth). NextWealth found that the top two ranked firms, Quilter Wealth Select and Tatton, together now control 25% of market assets. However, while these two dominate the rankings and growth, the report revealed the whole sector continues to grow. Only three firms saw net outflows over the year, and 37 of 49 included i...