22 October 2025

Quilter plc

Third Quarter 2025 Trading Statement

Continued Strong Net Flow Momentum

Quilter reports a third successive quarter of net inflows in excess of £2 billion. Q3 core net inflows of £2.2 billion increased by 48% on the prior year period and represented 7% (annualised) of opening AuMA.

Third quarter year to date core net inflows of £6.7 billion comfortably exceed the full year 2024 total of £5.2 billion.

Quilter plc highlights:

·      Group Assets under Management and Administration ("AuMA"): £134.8 billion at 30 September 2025, increased by 7% from 30 June 2025 reflecting reported net inflows of £2.1 billion and market movements of £6.4 billion.

·      Third quarter flows:

o In our Affluent segment, the strength of our Platform proposition continues to be demonstrated by strong business volumes:

§ Quarterly net inflows of £2,055 million during the third quarter, represented 9% of opening AuMA (annualised) versus £1,455 million in the comparable period, representing 7% (annualised) of opening AuMA.

§ Third quarter Quilter channel gross and net inflows onto the Platform increased by 19% and 15% respectively year-on-year.

§ Third quarter IFA channel gross inflows onto the Platform increased by 35% year-on-year. IFA channel net inflows of £1,321 million were 61% higher than the comparable period (Q3 2024: £821 million).

o  In the High Net Worth segment, new business momentum was solid:

§ Gross inflows of £758 million remained broadly consistent with the first half quarterly run rate.

§ Net inflows of £239 million represented 3% (annualised) of opening AuMA, in line with first half performance.

·      Persistency levels remained stable year-on-year at 91% (core) for Affluent and 93% for High Net Worth.

·      Productivity: Quilter channel annualised gross sales per Quilter Adviser were £3.4 million in the third quarter, around 10% higher year-on-year.

Steven Levin, Chief Executive Officer of Quilter plc, commented:

"Our business is demonstrating strong consistency, delivering in excess of £2 billion of net flows in each quarter of this year. Notably, our 2025 year-to-date core net inflows of £6.7 billion already comfortably exceed the £5.2 billion total for 2024. The total assets on our Platform exceeded £100 billion for the first time early in the fourth quarter, making us the first discrete UK advised platform to reach this milestone.

"Our High Net Worth segment continued to deliver net inflows in the third quarter, outperforming peers who remain in outflow.

"Ahead of the UK Budget in November, there is heightened press speculation regarding personal tax changes that may impact households' carefully constructed retirement plans. Potential policy changes should be consistent with the wider goal of building a broader investment culture in the UK. We therefore believe that meaningful changes should only be implemented after due consultation and with appropriate transitional arrangements to maintain consumer confidence in long-term savings and investment plans that are essential to good retirement outcomes.

"While the policy environment may evolve, there is a need for increased investment by UK consumers. Quilter is well-placed to meet this need. Our performance in 2025 continues to demonstrate the strength of our two distribution channels. We are the UK's largest discrete adviser Platform, and our net flows continue to grow at pace. Our scale and distribution reach makes us uniquely positioned to meet our customers' needs and to benefit from the secular growth opportunity that the UK Wealth market offers."

Enquiries

Investor Relations:

John-Paul Crutchley                              +44 (0) 7741 385 251

Keilah Codd                                           +44 (0) 7776 649 681

Media:

Tim Skelton-Smith                                 +44 (0) 7824 145 076

Camarco: 

Geoffrey Pelham-Lane                           +44 (0) 7733 124 226

Ben Woodford                                         +44 (0) 7990 653 341

Company Secretary:

Clare Barrett                                           +44 (0) 7741 384 512            

About Quilter plc

Quilter plc is a leading provider of financial advice, investments and wealth management, committed to being the UK's best wealth manager for clients and their advisers.

Quilter oversees £134.8 billion in customer investments as at 30 September 2025.

The business is comprised of two segments: Affluent and High Net Worth.

Affluent encompasses the financial planning business, Quilter Financial Planning, the investment platform, Quilter Investment Platform, the digital savings and investment app, Quilter Invest, and the multi-asset investment solutions business, Quilter Investors.

High Net Worth comprises the discretionary fund management and financial planning business, Quilter Cheviot.

Disclaimer

This announcement may contain forward-looking statements with respect to certain Quilter plc's plans and its current goals and expectations relating to its future financial condition, performance and results.

By their nature, all forward-looking statements involve risk and uncertainty because they relate to future events and circumstances which are beyond Quilter plc's control including amongst other things, international and global economic and business conditions, the implications and economic impact of global conflicts, economic political uncertainty, market related risks such as fluctuations in interest rates and exchange rates, the policies and actions of regulatory authorities, the impact of competition, inflation, deflation, the timing and impact of other uncertainties of future acquisitions or combinations within relevant industries, as well as the impact of tax and other legislation and other regulations in the jurisdictions in which Quilter plc and its affiliates operate. As a result, Quilter plc's actual future financial condition, performance and results may differ materially from the plans, goals and expectations set forth in Quilter plc's forward-looking statements.

Quilter plc undertakes no obligation to update the forward-looking statements contained in this presentation or any other forward-looking statements it may make.

Quilter plc data tables for the three months ended 30 September 2025 (£bn) - unaudited

Quilter plc data tables for the nine months ended 30 September 2025 (£bn) - unaudited

Quilter plc data tables for the three months ended 30 September 2024 (£bn) - unaudited

Quilter plc data tables for the nine months ended 30 September 2024 (£bn) - unaudited