Quilter core net inflows rise to £2,891 million in third quarter
Key Facts
Quilter's core net inflows rose to £2,891 million in the third quarter of 2026, according to the company's quarterly trading statement, as funds attracted through its platform and high-net-worth business increased. Inflows were about £2,227 million in the same quarter of 2025, putting the current period's total ahead of its year-earlier level. Assets under management and administration reached £160.5 billion on September 30, 2026, according to the same statement. That compares with assets of £134.8 billion on September 30, 2025, alongside expanding inflows into the core businesses. The asset base is important to Quilter's business, which generates revenue from the funds it manages or administers.
Gross inflows during the third quarter totalled £6,011 million, according to figures Quilter released in its business update. Gross inflows were £4,944 million in the corresponding period of 2025, meaning the company attracted more money before accounting for outflows. Reported net inflows, which include non-core businesses, totalled £2,737 million in the third quarter of 2026. That compares with reported net inflows of £2,118 million in the same quarter a year earlier, according to the company's statement. Over the first nine months, core net inflows totalled £8,850 million, compared with £6,733 million in the same period of 2025.
Quilter's platform attracted net inflows of £2.6 billion in the third quarter of 2026, up 25% year on year, according to the trading statement. Net inflows to the platform through independent financial advisers rose 33% compared with the same quarter a year earlier. Inflows through Quilter's advisers, meanwhile, increased 10% year on year over the same period, putting the independent adviser channel ahead in terms of growth. The two channels provide routes for client assets to reach the company, which distributes its services through its own advisers and independent financial advisers, according to its business model presentation. Cumulative net inflows to the platform totalled £8.0 billion over the first nine months of 2026, according to the quarterly update.
In the high-net-worth business, quarterly net inflows totalled £322 million, according to figures in Quilter's statement for the third quarter of 2026. That represents a 35% year-on-year increase in net funds attracted to the segment compared with the same period a year earlier. Across the advice network, Quilter adviser productivity rose 9% during the quarter from its year-earlier level, according to the company. Asset retention in the core businesses was 91% over the first nine months of 2026, among the operating indicators reported by the group. Funds managed in the WealthSelect service also exceeded £30 billion for the first time during the quarter, marking a new threshold for the service's funds under management.
Quilter's business centres on managing and administering client funds, with those funds also coming through a network comprising the company's advisers and independent financial advisers. The company says in its business model and strategy presentation: "We generate revenue from the assets we manage or administer." Assets under management and assets under administration thus jointly form the business base from which its revenue is generated. The distribution network combines advice provided within Quilter with referrals of client assets through independent advisers, rather than limiting the flow of funds to the company's own network. This structure puts the performance of advice channels and the volume of funds coming through them at the heart of the group's operations.
Alongside its operating activities, Quilter aims to return up to £100 million to shareholders through a share buyback programme during 2026. In its presentation of the programme, the group said it was "returning up to £100 million to shareholders". Funds are being returned through share purchases, under the mechanism the company set out for its shareholder programme. Quilter specified the target amount as a ceiling for the programme, which forms part of its plan to return funds to shareholders. The company expects the buybacks to be completed by the end of 2026, according to the programme's announced timetable.