Quilter plc Business Overview and Future Outlook

Quilter plc is a leading wealth management business that has undergone significant transformations in recent years. The company was formed in 2018 through the merger of Old Mutual Wealth and Premier Asset Management.

Quilter's business model is built around its three main divisions: Advice, Platforms, and Asset Management. This diversified approach allows the company to cater to a wide range of customer needs and provide a comprehensive suite of financial services.

With a strong presence in the UK and Ireland, Quilter has a significant market share and a large customer base. The company's focus on innovation and technology has enabled it to stay ahead of the competition and deliver high-quality services to its customers.

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Quilter plc, a company that has been making waves in the investment management and fund operations space. As of January 2025, Quilter's assets under management and administration have been growing, despite the uncertainty surrounding the UK budget.

Quilter's FY24 Assets Under Management, Administration Grow, as reported on January 22. This is a significant milestone for the company.

The company's market performance has been steady, with a 5-day change of -0.13% as of February 5, 2025. This is a relatively small fluctuation, indicating a stable market.

Quilter's market performance on February 28, 2025, was slightly more volatile, with a 5-day change of -1.04%. This is a more significant fluctuation than the previous week.

Here's a summary of Quilter's market performance over the past few weeks:

Quilter's FY24 has been marked by a surge in net inflows, despite the uncertainty surrounding the UK budget. This is a testament to the company's resilience and adaptability.

Quilter plc has shown a significant increase in its net sales over the past few years. The company's net sales have grown from $667M in 2024 to $1.19B in 2025.

The company's net income has also seen an improvement, with a net income of $80.63M in 2024 and $144M in 2025. This indicates a positive trend in the company's financial performance.

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Quilter plc's net debt has been a concern, but it has been decreasing over the past few years. The company's net debt was $-1.61B in 2024 and decreased to $-1.82B in 2025.

Here's a summary of Quilter plc's financial performance over the past few years:

The company's stock performance has also been impressive, with a 1-month return of +3.94% and a 6-month return of +20.69%.

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Quilter plc has a diverse range of institutional shareholders, with Coronation Asset Management (Pty) Ltd holding the largest stake at 17.99% as of December 2024.

Some of the key shareholders include Public Investment Corporation (SOC) Ltd, Ninety One UK Ltd, and Old Mutual Investment Group (Pty) Ltd, who collectively hold around 37% of the company's shares.

BlackRock Fund Advisors significantly increased its stake in Quilter plc, buying 16.76 million shares and increasing its holding to 41.62 million shares, representing a 67.44% increase in its stake.

Here is a list of the top 5 shareholders of Quilter plc as of December 2024:

The Executive Committee at Quilter plc is responsible for overseeing the company's operations and strategic direction. This team is led by Steven David Levin, who has been serving as the Chief Executive Officer since the data is available.

The Committee consists of experienced professionals, including Mark Satchel, who has been the Director of Finance/CFO since 2017. He brings over 55 years of experience to the role.

The Committee also includes Karin Cook, who has been the Chief Operating Officer since 2018, and Marcus Kenneth Brookes, who took on the role of Chief Investment Officer in 2022. Both of these individuals have significant experience in their respective fields.

Here's a brief overview of the Executive Committee:

The average age of the Executive Committee members is 55 years old, with Mark Satchel being the oldest member.

The Board of Directors is responsible for overseeing the overall strategy and direction of Quilter plc. The Board consists of experienced individuals with diverse backgrounds and expertise.

Ruth Markland serves as the Chairman of the Board, a position she has held since May 11, 2022. She is 72 years old.

The Board also includes several other members, each with their own unique qualifications and experience. For example, Moira Kilcoyne has been a Director since November 30, 2016, and is 63 years old.

Here is a list of the current Board of Directors members:

Institutional shareholders play a significant role in the ownership and governance of a company.

Coronation Asset Management (Pty) Ltd holds 17.99% of the shares, making it the largest institutional shareholder as of December 9, 2024.

Public Investment Corporation (SOC) Ltd is the second-largest shareholder with 13.46% of the shares as of January 23, 2025.

Ninety One UK Ltd holds 5.87% of the shares, making it the third-largest shareholder as of March 1, 2024.

Old Mutual Investment Group (Pty) Ltd and The Vanguard Group, Inc. are also significant shareholders with 4.80% and 3.81% of the shares, respectively.

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Here's a breakdown of the top institutional shareholders:

BlackRock Fund Advisors increased its shareholding by 16.76 million shares, representing a 67.44% increase, as of June 12, 2023.

BlackRock Investment Management (UK) Ltd increased its shareholding by 5.25 million shares, representing a 27.86% increase, as of an unspecified date.

Quilter Cheviot Ltd increased its shareholding by 4.39 million shares, representing a 90.58% increase, as of an unspecified date.

Public Investment Corporation (SOC) Ltd sold 17.46 million shares, representing an 8.46% decrease, as of an unspecified date.

Coronation Asset Management (Pty) Ltd sold 12.26 million shares, representing a 4.63% decrease, as of an unspecified date.

Aberforth Partners LLP sold 4.33 million shares, representing a 17.81% decrease, as of an unspecified date.

Columbia Threadneedle Asset Managers Ltd sold 3.64 million shares, representing a 15.14% decrease, as of an unspecified date.

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Quilter plc is the parent company of several group companies, each with its own unique role in the financial industry.

One of these companies is C.I.P.M. Nominees Ltd., a nominee/trust/depository based in St. Helier, UK, which acts as a regional bank.

Another key player is Quilter Mortgage Planning Ltd., a British company that provides investment advisory services from its London base.

Old Mutual Wealth Holdings Ltd. offers wealth management consulting services, including financial advice and discretionary investment management, from its Southampton headquarters.

Quilter Cheviot Ltd. is the investment management subsidiary of Quilter Cheviot Holdings Ltd., providing discretionary investment management services to private clients and charities.

Here are some of the key group companies under Quilter plc:

Quilter Cheviot Holdings Ltd. is a wealth management company based in London, with a history dating back over 250 years.

Quilter plc has a strong geographical presence, with significant sales coming from various regions. The company's sales have been consistently high in the United Kingdom.

In 2019, the UK accounted for £4.71 billion in sales, a substantial amount that demonstrates the company's strong foothold in the region. The UK remained a major contributor to Quilter plc's sales in 2020, with £3.11 billion generated during that year.

Quilter plc's international sales are also noteworthy, with £2.22 billion in sales in 2019. This indicates the company's ability to operate effectively in a global market.

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Quilter plc has received various analyst recommendations over the past few months.

Jefferies started coverage of Quilter with a Buy recommendation on October 24th, 2024.

Anchor Securities downgraded Quilter to Hold from Buy on July 2nd, 2024, but raised the price target.

Quilter has also been upgraded by JPMorgan to Overweight from Neutral on June 3rd, 2024, with a boosted price target.

Here are the key analyst recommendations for Quilter plc:

Quilter plc's journey in the financial landscape is one of transformation and strategic refinement. Originally part of the behemoth known as Old Mutual, Quilter emerged as a distinct entity following its separation in 2018.

Quilter serves a diverse client base, offering personalized financial advice and wealth management services through a robust network of skilled professionals. This allows clients to navigate complex financial decisions and secure their financial future.

The organization supports clients in securing and building their financial future. Quilter's revenue springs predominantly from its dual structure: Advice & Wealth Management and Wealth Platforms.

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Through Advice & Wealth Management, the company generates income from advisory fees, guiding clients through financial planning, investment choices, and retirement solutions. Meanwhile, the Wealth Platforms facilitate transactions and manage assets by offering an array of investment funds and products.

Here is a breakdown of Quilter's revenue streams:

Quilter's dual structure allows the company to capture value at multiple stages of the wealth management process, crafting a cohesive financial ecosystem.

Quilter plc's valuation metrics are quite varied, with its market capitalization ranging from 233B to 95.74B.

The company's Enterprise Value (EV) has been reported at 57.19B, 1.04B, and 7.14B, indicating significant fluctuations in its valuation.

A closer look at Quilter plc's EV/Sales ratio reveals a 2024 estimate of 0.79x and a 2025 estimate of 0.69x, suggesting a decrease in its valuation over time.

Here's a summary of Quilter plc's valuation metrics:

Its Free-Float is currently unknown, but its Yield has been reported at 3.66% for 2024 and 4.13% for 2025, indicating a potential increase in dividend payments.

Analysts' recommendations can significantly impact a company's stock price.

Several analysts have weighed in on Quilter plc, with Jefferies starting coverage at Buy.

In July, Anchor Securities downgraded Quilter to Hold from Buy, while raising their price target.

JPMorgan upgraded Quilter to Overweight from Neutral, also boosting their price target.

Here's a summary of the analysts' recommendations for Quilter:

Other notable analysts' recommendations include:

Valuation is a crucial aspect of understanding a company's financial health and potential for growth.

The capitalization of Quilter plc has fluctuated over time, ranging from 233B to 95.74B.

A high P/E ratio can indicate overvaluation, while a low P/E ratio may suggest undervaluation. The P/E ratio for Quilter plc in 2024 was -767x, which is extremely high and may be a cause for concern.

Enterprise value is another important metric, representing the total value of a company's assets and liabilities. The enterprise value of Quilter plc has varied significantly, from 524M to 99.88B.

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A lower EV/Sales ratio can indicate a more attractive investment opportunity. In 2024, Quilter plc's EV/Sales ratio was 0.79x, which is relatively low compared to other companies.

Yield is the return on investment for a company's dividend payments. Quilter plc's yield in 2024 was 3.66%, which is a relatively low yield compared to other investments.

Here's a summary of Quilter plc's valuation metrics: