Quilter has posted an adjusted pre-tax profit of £100m in its first half results, a 3% improvement on H1 last year.

The wealth manager and investment platform also reported a 2% growth in revenue to £337m for the H1 period, which it said reflected higher management fee revenue partially offset by lower investment revenue generated on shareholder funds.

Quilter, announcing its results for the six months to 30 June, said the figures had “built upon the strong progress of the last two years”.

It revealed that it has grown its total assets under management and administration (AuMA) by 6% since the end of 2024, to £126.3bn, which it said reflected net inflows of £4.3bn coupled with a positive contribution from markets, despite weakness in the US Dollar over the period.

Looking forward, Quilter said it is expecting a “broadly stable” UK macroeconomic environment, gradually reducing interest rates and a pick-up in real wages supporting increased saving and investment by UK households. As a result, it currently anticipates its H2 adjusted profit to be “broadly equivalent” to H1.

Quilter CEO, Steven Levin, said: “I’m pleased with our start to 2025. Flow momentum remains excellent with our affluent and high net worth segments both outperforming their market peers for level of inflows and growth as a percentage of opening assets.

“This clearly demonstrates the powerful nature of our dual-distribution model. Our business has built on the momentum of the last two years, is in great shape and is continuing to deliver on the growth opportunities ahead.”

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