Key facts
- Quilter's Assets under Management and Administration (AuMA) grew 11% to £157.4 billion in H1 2026.
- Net inflows for the period were £5.8 billion, contributing to AuMA growth.
- Revenues increased by 12% to £379 million, while expenses rose 13% to £267 million.
- Adjusted profit before tax rose 12% to £112 million, with an operating margin of 30%.
- The company declared an interim dividend of 2.1 pence per share and completed £68.4 million of its share buyback program.
Quilter plc reported strong momentum in its first half of 2026, with Assets under Management and Administration (AuMA) increasing by 11% to £157.4 billion, driven by reported net inflows of £5.8 billion and positive market conditions. The company's dual-distribution model and strategic priorities have contributed to outperforming market peers.
Platform Assets under Administration (AuA) saw a 13% rise to £117.9 billion, with first-half net inflows of £5.4 billion, a 28% increase from the prior year. WealthSelect, the UK's largest Managed Portfolio Service (MPS), experienced a 15% increase in assets, reaching £29.3 billion. Quilter Cheviot's discretionary portfolios delivered net inflows of £522 million, a 13% increase.
Revenues grew by 12% to £379 million, supported by strong management fee revenue, though partially offset by lower investment revenue. Planned strategic investments led to a 13% increase in expenses, reaching £267 million. Adjusted profit before tax increased by 12% to £112 million, maintaining a stable operating margin of 30%. Adjusted diluted earnings per share rose 13% to 6.1p.
The number of Quilter Restricted Financial Planners increased by nine to 1,462, and Investment Managers grew by seven to 189, partly due to the GillenMarkets acquisition. IFRS profit after tax stood at £45 million. Quilter declared an interim dividend of 2.1 pence per share, a 5% increase, and completed £68.4 million of its planned £100 million share buyback program. The Solvency II ratio was 202% after the dividend payment.