Quilter plc

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Quilter plc
TypePublic limited company
JSE: QLT
IndustryWealth management
Founded2018 Edit this on Wikidata
HeadquartersLondon, England
Key people
Ruth Markland
(Chair)
Steven Levin
(CEO)
ProductsAsset management
Wealth Management
Life insurance
Savings and investment
RevenueIncrease £9,364 million (2025)[1]
Increase £324 million (2025)[1]
Increase £120 million (2025)[1]
AUMIncrease £141.2 billion (2025)[1]
Total assetsIncrease £76.542 billion (2025)[1]
Total equityIncrease £1.466 billion (2025)[1]
Number of employees
3,000 (2026)[2]
Websitewww.quilter.com

Quilter plc, formerly known as Old Mutual Wealth Management Limited, is a British wealth management company. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The stock has a secondary listing on the Johannesburg Stock Exchange (JSE).[3]

History

Quilter traces its origins back to William Morris & Sons, a firm of stockbrokers formed in 1771. It also incorporates the legacy of Skandia, an early provider of investment platforms in the UK market launched in 1979.[4][5]

In March 2016, Old Mutual plc announced its managed separation strategy that sought to unlock and create value for shareholders through the separation of its four businesses, Old Mutual Emerging Markets, Nedbank, UK-based Old Mutual Wealth and Boston-based Old Mutual Asset Management (OMAM) into standalone entities.[6][7]

In November 2017, Old Mutual Wealth announced its intention to rebrand as Quilter plc[8] and to list its shares on the London Stock Exchange (LSE) with secondary listings on the Johannesburg, Namibia, Malawi and Zimbabwe Stock Exchanges.[9][10]

The firm selected Goldman Sachs, JP Morgan and Bank of America Merrill Lynch to lead its initial public offering which took place in June 2018[11] and was estimated to have valued the company at $3.35 billion.[12]

Activities

The company operates through various platforms, including Quilter Investment Platform, Quilter Investors, Quilter Financial Planning,[13] Quilter Cheviot and Quilter Invest.[14][15]

See also

References

  1. "Preliminary Results 2025". Quilter plc. Retrieved 4 March 2026.
  2. "Quilter Group". Financial Options. Retrieved 28 January 2026.
  3. "Quilter Share listing". Retrieved 12 May 2020.
  4. "Quilter Cheviot - Spear's 500 Company Profile". Spears 500. Retrieved 26 June 2026.
  5. "Skandia name disappears from UK market". citywire.com. Retrieved 26 June 2026.
  6. "Old Mutual to split into four units". Bbc.com. 11 March 2016. Retrieved 28 September 2016.
  7. Holt, Natalie (7 March 2016). "Old Mutual Wealth up for sale". Money Marketing (Online Edition): 1.
  8. "Old Mutual Wealth Showcase". Old Mutual plc. 15 November 2017. Retrieved 11 March 2018.
  9. Costello, Eugene (15 November 2017). "Old Mutual Wealth to rebrand as Quilter ahead of LSE listing next year". International Investment. Retrieved 11 March 2018.
  10. "Quilter plc is ready for listing on JSE and LSE". 2 May 2018. Retrieved 16 May 2018.
  11. Kerr, Sam (30 July 2018). "We did well because we listened, says Quilter CEO". Global Capital: N.PAG.
  12. "Old Mutual unit picks banks for $3.35 billion flotation: sources". Reuters. Thomson Reuters. 7 December 2017. Retrieved 11 March 2018.
  13. Pigden, Katey (14 June 2021). "Old Mutual Wealth platform rebrands to Quilter". Money Marketing. Retrieved 26 June 2026.
  14. Touray, Momodou Musa (8 April 2026). "Quilter granted targeted support permissions". Money Marketing. Retrieved 26 June 2026.
  15. "Quilter launches targeted support offering via Quilter Invest - IFA Magazine". 1 June 2026. Retrieved 26 June 2026.