Quilter plc (LON:QLT) has announced its Third Quarter 2026 Trading Statement.
Continued strong net flows and increasing market share deliver £8.9 billion of core net inflows year to date, broadly in line with the 2025 Full Year outcome, representing 9% (annualised) of opening assets (2025: 8%).
Quilter plc highlights:
- Group reported Assets under Management and Administration (“AuMA”): increased to £160.5 billion, up 19% year-on-year.
- Q3 core net inflows of £2.9 billion, maintaining the strong 2026 run-rate.
- Year-to-date core net inflows of £8.9 billion, up 31% year-on-year, broadly in line with the 2025 Full Year outcome of £9.1 billion, and equivalent to 9% (annualised) of opening assets (2025: 8% annualised).
- Platform net inflows of £8.0 billion year-to-date, reinforcing Quilter’s position as the UK’s leading advice platform.
- High Net Worth net inflows up 20% year-to-date, reflecting improving momentum from the business.
- Core business persistency remained strong at 91% year-to-date.
- Quilter adviser productivity increased 9% year-on-year in the third quarter.
Third quarter flows:
Quilter continues to demonstrate strong momentum with third quarter core net inflows of £2.9 billion, consistent with the first half run-rate:
- In our Affluent segment, the strength of the Quilter Platform proposition continues to be demonstrated by strong business volumes:
- Quarterly Platform net inflows of £2.6 billion increased by 25% year-on-year and represented 9% (annualised) of opening AuMA (Q3 2025: £2.1 billion, 9% annualised).
- Quarterly net inflows onto the Platform from Quilter advisers increased 10% year-on-year, with year-to-date net inflows representing 18% (annualised) of opening assets (2025: 17% annualised).
- Quarterly net inflows onto the Platform from independent advisers increased by 33% year-on-year, with year-to-date net inflows representing 9% (annualised) of opening assets (2025: 8% annualised).
- In our High Net Worth segment we continue to build net inflow momentum reflecting the actions we have taken to strengthen the business:
- Quarterly gross inflows of £873 million were broadly consistent with the 2026 first half run-rate.
- Quarterly net inflows of £322 million increased 35% year-on-year and represented 4% (annualised) of opening AuMA (Q3 2025: 3% annualised).
| Quilter plc: Three months ended 30 September 2026 | |||
| Quilter plc, unaudited | Q3 2026 | Q3 2025 | |
| AuMA: Reported (£bn) | 160.5 | 134.8 | |
| Of which are administered on the UK Platform | 120.8 | 99.0 | |
| Of which are administered on external platforms | 6.1 | 5.9 | |
| Of which High Net Worth | 35.6 | 31.6 | |
| Gross flow: Reported (£m) | 6,011 | 4,944 | |
| Net inflow: Core (£m) | 2,891 | 2,227 | |
| Net inflow: Reported (£m) | 2,737 | 2,118 | |
| Productivity: Quilter channel gross sales per Quilter Adviser (£m, annualised) | 3.7 | 3.4 | |
| Quilter plc: Nine months ended 30 September 2026 | |||
| Quilter plc, unaudited | YTD 2026 | YTD 2025 | |
| AuMA: Reported (£bn) | 160.5 | 134.8 | |
| Gross flow: Reported (£m) | 17,918 | 14,427 | |
| Net inflow: Core (£m) | 8,850 | 6,733 | |
| Net inflow: Reported (£m) | 8,535 | 6,441 | |
| Productivity: Quilter channel gross sales per Quilter Adviser (£m, annualised) | 3.8 | 3.3 | |
Steven Levin, Chief Executive Officer of Quilter plc, commented:
“In the third quarter we maintained our strong momentum across the business. We have delivered core net flows of approximately £3 billion in each quarter of 2026, taking year-to-date core net flows to £8.9 billion by the end of the third quarter, just short of the record £9.1 billion delivered in the whole of 2025. We surpassed that milestone early in the fourth quarter.
“This performance reflects the strength of our dual-channel model, the quality of our propositions and our leading service offering. Gross inflows increased by 22% year-on-year during the quarter, while gross outflow rates remained stable and in line with first-half levels.
“The UK advice platform market continues to consolidate around a small number of scale providers, and Quilter remains both the largest and fastest growing of these. Our leadership position was recognised again during the quarter, with our platform winning ‘Platform of the Year’ for a third consecutive year at the Vanguard Platform Awards, alongside ‘Best Platform’ awards from both Money Marketing and Moneyfacts.
“WealthSelect continues to go from strength to strength. As the UK’s largest MPS provider, funds under management exceeded £30 billion for the first time during the quarter, highlighting the continued appeal of our investment proposition to advisers and clients.
“High Net Worth delivered another quarter of consistent positive flows, reflecting improving momentum and the strength of our client offering.
“As the Government considers measures to support economic growth in the upcoming Budget, we believe there is a significant opportunity to strengthen the UK’s investment culture. Long-term investment is best supported by a stable and predictable policy environment that gives consumers, advisers and providers the confidence to plan for the future.
“We are mindful of the current geopolitical uncertainty. Our advice-led philosophy is designed to support customers through all market conditions. Our consistent strong flow performance reflects our customers’ recognition of the quality of our service and propositions, together with the strength of our distribution capabilities.
“The long-term growth opportunity in UK wealth management remains compelling. With strong momentum across our businesses, market-leading positions in our core markets and a clear focus on client outcomes, we remain well placed to capture that opportunity.”
