Quilter has reported a core net inflow of £8.9bn for the year to date, representing a 31% year-on-year rise.
For the third quarter alone, a core net inflow of £2.9bn was booked in. The inflow helped take total assets to £160.5bn.
Its platform net inflow was £8bn year-to-date, taking the total to £120.8bn.
In the high net worth segment a quarterly net inflow of £322m was 35% higher year-on-year.
The WealthSelect MPS continued to attract money at a fast rate, taking total assets in the strategies above £30bn for the first time.
Shares in Quilter saw a modest bounce following the update, rising 0.55% to 181p.
Steven Levin, chief executive of Quilter said: “This performance reflects the strength of our dual-channel model, the quality of our propositions and our leading service offering.
“Gross inflows increased by 22% year-on-year during the quarter, while gross outflow rates remained stable and in line with first-half levels.
“The UK advice platform market continues to consolidate around a small number of scale providers, and Quilter remains both the largest and fastest growing of these.”
He added: “High net worth delivered another quarter of consistent positive flows, reflecting improving momentum and the strength of our client offering.
“As the government considers measures to support economic growth in the upcoming Budget, we believe there is a significant opportunity to strengthen the UK’s investment culture.”
















