Quilter's WealthSelect MPS surpasses £25bn

Quilter said AUM stood at £25.4bn at the end of last year, up from £18.5bn at the same point in 2024. It added that WealthSelect was now used by more than 5,700 advisers with almost 140,000 customers invested in the service, a 19% rise over 12 months.  Quilter said WealthSelect had seen "exceptional growth" in recent years as the adviser outsourcing trend blossomed. The MPS was launched in February 2014 with active and blended portfolios. It was expanded in 2022 to include passive, responsible and sustainable options. It added that in recent years the portfolios have become avai...