Quilter plc
British financial services company
From Wikipedia, the free encyclopedia
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]
| |
| Type | Public limited company |
|---|---|
| JSE: QLT | |
| Industry | Wealth management |
| Founded | 2018 |
| Headquarters | London, England |
Key people | Ruth Markland (Chair) Steven Levin (CEO) |
| Products | Asset management Wealth Management Life insurance Savings and investment |
| Revenue |  £9,364 million (2025)[1] |
| £324 million (2025)[1] | |
| £120 million (2025)[1] | |
| AUM | £141.2 billion (2025)[1] |
| Total assets | £76.542 billion (2025)[1] |
| Total equity | £1.466 billion (2025)[1] |
Number of employees | 3,000 (2026)[2] |
| Website | www.quilter.com |
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]