Quilter plc

Quilter plc is a United Kingdom-based wealth management group serving individuals, families, financial advisers and institutional or professional clients. Its activities span investment platforms, financial planning, discretionary investment management and investment management. The business is designed to cover several stages of the wealth-management relationship: clients can access investment products through a platform, receive advice through a financial-planning network, use managed portfolios or discretionary services, and obtain investment solutions through the group’s asset-management businesses. The modern Quilter group was created from the UK wealth-management operations of Old Mutual. Its historical roots are broader than the current corporate entity. The group traces part of its heritage to William Morris & Sons, a stockbroking firm established in 1771, while its platform capabilities also incorporate the legacy of Skandia, an early UK investment-platform provider whose UK platform activities began in 1979. These predecessor businesses contributed investment administration, platform technology, adviser relationships and wealth-management capabilities to the organization that later became Quilter. A major structural turning point came in 2016, when Old Mutual plc announced a managed-separation plan. The plan sought to separate Old Mutual’s principal businesses into more focused standalone companies, including Old Mutual Wealth, Old Mutual Emerging Markets, Nedbank and Old Mutual Asset Management. Old Mutual Wealth subsequently announced in 2017 that it would adopt the Quilter name and pursue a public listing. The rebranding connected the new group to the heritage of Quilter Cheviot while establishing a single identity for a broader set of wealth businesses. Quilter’s initial public offering took place in June 2018. The company became listed on the London Stock Exchange and also obtained a secondary listing on the Johannesburg Stock Exchange; the business was subsequently associated with the FTSE 250. The listing marked the transition from a division within the Old Mutual structure to an independently traded wealth-management company. Quilter’s principal businesses include Quilter Investment Platform, Quilter Financial Planning, Quilter Cheviot, Quilter Investors and Quilter Invest. The group’s positioning is generally in the advised and professionally managed wealth market rather than in mass-market retail banking. It emphasizes relationships with financial advisers, investment managers and clients requiring portfolio construction, planning, administration and ongoing wealth oversight. Quilter’s operating model combines proprietary or group-operated investment infrastructure with human advice and investment-management expertise. Its UK focus is complemented by links to selected southern African capital markets through its secondary listing and historical corporate connections. As an independently listed company, Quilter’s identity is distinct from Old Mutual, although Old Mutual’s businesses and heritage remain central to its formation. The group’s current proposition is built around helping clients accumulate, manage and preserve wealth through integrated advice, platform and investment services. Specific products, corporate ownership arrangements and management appointments can change over time, so current operational details should be checked against Quilter’s latest corporate disclosures.

Quilter plc combines a long historical inheritance with a relatively recent corporate identity. One strand of its heritage reaches back to William Morris & Sons, a stockbroking firm formed in 1771. That lineage reflects the longstanding role of brokerage, investment administration and client wealth services in the development of the group. A second important strand comes from Skandia, which became associated with investment-platform activity in the United Kingdom from 1979. Platform technology and adviser-oriented administration later became important components of the business that evolved into Quilter. For much of its modern development, the relevant operations were part of Old Mutual. Old Mutual built a substantial UK wealth-management presence that included investment platforms, advice-related businesses, investment management and private-client services. The platform and wealth businesses served advisers and their clients, while Quilter Cheviot provided discretionary investment management and investment advice for higher-value private clients and families. These activities were eventually brought together under the Old Mutual Wealth identity. In March 2016, Old Mutual plc announced a managed-separation strategy. Rather than retaining its major operations within one diversified group, Old Mutual sought to create more focused standalone businesses and unlock value for shareholders. The proposed separation covered Old Mutual Emerging Markets, Nedbank, Old Mutual Wealth and Old Mutual Asset Management. For Old Mutual Wealth, the process involved establishing a distinct corporate identity, preparing the business for public ownership and organizing its constituent operations around a coherent wealth-management proposition. In November 2017, Old Mutual Wealth announced that it would rebrand as Quilter plc. The name drew on the heritage of Quilter Cheviot while providing a group-level identity for the platform, advice, investment and discretionary-management businesses. The company also announced plans for a listing on the London Stock Exchange, with secondary listings planned for Johannesburg and other southern African exchanges. The rebranding was therefore both a marketing change and part of a larger corporate separation from Old Mutual. Quilter’s initial public offering took place in June 2018. The listing on the London Stock Exchange transformed Quilter from a business within Old Mutual into a separately traded company. It also maintained a capital-markets connection with southern Africa through the Johannesburg secondary listing, alongside the group’s historical Old Mutual links. Quilter became associated with the FTSE 250, reflecting its position as a significant UK-listed company rather than a small specialist advisory firm. Following the listing, Quilter’s operating structure centered on several complementary businesses. Quilter Investment Platform provides investment-account and administration infrastructure for advisers and clients. Quilter Financial Planning supports financial advice and planning through adviser relationships and networks. Quilter Cheviot focuses on discretionary investment management and private-client portfolio services. Quilter Investors develops and manages investment solutions, while Quilter Invest provides investment and wealth services under the Quilter brand. Together, these activities allow the group to address accumulation, retirement, portfolio management and longer-term wealth-planning needs. The group’s strategy is based on combining scale and technology with professional advice and investment expertise. This differentiates Quilter from a pure asset manager, a standalone platform operator or a conventional retail bank. Its principal market is the UK advised wealth segment, although its listing and corporate history give it an international dimension, particularly through southern African capital markets. The company remains an active, independently listed wealth-management group, with its brand identity and operating model rooted in the separation of Old Mutual Wealth and the consolidation of several older financial-services businesses.

• 2018

  Quilter becomes publicly listed

  [1]Quilter plcen.wikipedia.org

  Quilter completes its initial public offering on the London Stock Exchange and establishes a secondary listing in Johannesburg.

• 2017

  Quilter name and listing plans announced

  [1]Quilter plcen.wikipedia.org

  Old Mutual Wealth announces its planned rebrand as Quilter plc and its intention to list the business publicly.

• 2016

  Old Mutual announces managed separation

  [1]Quilter plcen.wikipedia.org

  Old Mutual announces a plan to separate its main businesses, including Old Mutual Wealth, into standalone entities.

• 1979

  Skandia platform heritage begins in the UK

  [1]Quilter plcen.wikipedia.org

  Skandia’s UK investment-platform activities begin, providing an important part of the platform heritage later incorporated into Quilter.

• 1771

  William Morris & Sons is established

  [1]Quilter plcen.wikipedia.org

  The group traces part of its heritage to William Morris & Sons, a stockbroking firm founded in London in the eighteenth century.

An advised, professionally managed wealth-management group combining investment platforms, financial planning, discretionary portfolio management and asset-management capabilities.

• Investment platform

  Quilter Investment Platform

  An investment-platform business providing account administration and investment access for clients and financial advisers. It supports the holding and servicing of investments within a platform-based wealth-management model, helping advisers manage client portfolios and ongoing financial-planning relationships.

• Financial advice

  Quilter Financial Planning

  The group’s financial-planning and adviser-network business. It supports professional advisers and clients with financial advice, planning and wealth-management relationships, linking personal financial objectives with investment and retirement solutions.

• Discretionary investment management

  Quilter Cheviot

  A discretionary investment-management and private-client wealth business with heritage associated with the Quilter name. Its services are oriented toward portfolio construction, investment oversight and tailored management for private clients, families and other investors requiring professional portfolio management.

• Asset management

  Quilter Investors

  The investment-management arm responsible for developing and managing investment solutions. It contributes portfolio and fund-management capabilities to the wider group’s platform, advice and wealth proposition.

• Digital and managed investing

  Quilter Invest

  A Quilter-branded investment and wealth service within the group’s broader offering. It is intended to extend access to professionally managed investment solutions and complement the group’s advised, platform and discretionary-management businesses.

• 2018

  Quilter completes its initial public offeringOther

  Background

  The listing was the principal capital-markets step in the separation of Old Mutual Wealth from its former parent structure.

  Action taken

  Quilter plc listed on the London Stock Exchange and obtained a secondary listing on the Johannesburg Stock Exchange.

  Aftermath

  Quilter became an independently traded wealth-management company and was associated with the FTSE 250.

  Source

• 2017

  Old Mutual Wealth selects the Quilter identityStrategy

  Background

  The wealth business required a distinct identity as it prepared to separate from Old Mutual and enter the public markets.

  Action taken

  Old Mutual Wealth announced that it would rebrand as Quilter plc and pursue a London listing with secondary southern African listings.

  Aftermath

  The rebrand created a unified name across the group’s platform, advice, investment and discretionary-management businesses.

  Source

• 2016

  Old Mutual adopts a managed-separation strategyStrategy

  Background

  Old Mutual sought to separate its principal operating businesses so that each could pursue a more focused strategy and operate as a standalone company.

  Action taken

  The group announced plans covering Old Mutual Wealth, Old Mutual Emerging Markets, Nedbank and Old Mutual Asset Management.

  Aftermath

  The process led to the development of Quilter as the separately branded and listed successor to Old Mutual Wealth.

  Source

• 2022-02-01

  MGIM announces a sustainable managed portfolio service[3]MGIM宣布推出可持续管理投资组合服务international-adviser.com

  Reported: 2022-02-01

  Momentum Global Investment Management announced it will add a sustainable managed portfolio service to its range alongside its existing core strategies. The service comprises three actively managed multi-asset model portfolios and will initially be available on the Aviva, Quilter, and Standard Life platforms.

• 2021-06-18

  Quilter reports planned workforce cuts[4]Quilter宣布计划削减员工人数moneymarketing.co.uk

  Reported: 2021-06-18

  Quilter said it would make hundreds of workforce cuts in the future to reduce operational costs. The company did not confirm the reported figure of around 400 redundancies.

• 2021-06-14

  Old Mutual Wealth platform rebranded as Quilter[5]Old Mutual Wealth 平台更名为 Quiltermoneymarketing.co.uk

  Reported: 2021-06-14

  The Old Mutual Wealth platform was rebranded under the Quilter name.

• 2021-04-01

  Quilter announces proposed sale of Quilter International[6]Quilter宣布拟出售Quilter Internationalfinanznachrichten.de

  Reported: 2021-04-01

  Quilter PLC announced the proposed sale of Quilter International to Utmost for anticipated total consideration of approximately £483 million.

• Unconfirmed

  Quilter Financial Advisers launches telephone-based advice service[7]Quilter Financial Advisers推出电话理财咨询服务international-adviser.com

  Reported: 2020-04-06

  Quilter Financial Advisers set up a telephone-based financial advice service for customers seeking access to professional planners. The service launched earlier in 2020 and was fully operational at the time of the report.

• Unconfirmed

  Quilter acquires Prescient[8]Quilter收购Prescientinternational-adviser.com

  Reported: 2020-01-10

  Quilter’s financial planning arm bought national advice firm Prescient. The acquisition added more than £800 million of assets under advice to Quilter PCA.

1. 1Quilter plcen.wikipedia.org
2. 2Quilter corporate websitequilter.com
3. 3MGIM宣布推出可持续管理投资组合服务international-adviser.com
4. 4Quilter宣布计划削减员工人数moneymarketing.co.uk
5. 5Old Mutual Wealth 平台更名为 Quiltermoneymarketing.co.uk
6. 6Quilter宣布拟出售Quilter Internationalfinanznachrichten.de
7. 7Quilter Financial Advisers推出电话理财咨询服务international-adviser.com
8. 8Quilter收购Prescientinternational-adviser.com