Quilter drops Old Mutual name for planning business
Old Mutual Wealth Private Client Advisers, Quilter’s financial planning subsidiary has dropped its name in favour of its parent. With the rebranding done, it is now Quilter Private Client Advisers.
Quilter Private Client Advisers was created in 2015 and has a presence in the UK through a series of acquisitions and organic recruitment growth, and now has six regional hubs in Devon, Cumbria, Chester, London, Yorkshire and Birmingham.
Across these six regions the company is responsible for advising over 5,600 households across the UK.
The rebranding of Old Mutual Wealth Private Client Advisers to Quilter Private Client Advisers follows the separation of Quilter from Old Mutual in June as the firm listed on the London Stock Exchange.
“Over the past few years the business has expanded both organically and through strategic acquisitions and today’s rebrand to Quilter Private Client Advisers represents the next step in our journey.
“Customers are always at the heart of everything we do and we look forward to continuing to give them the best possible outcomes under our new brand,” managing director at Quilter Private Client Advisers, Nigel Speirs (pictured), said.
Quilter Private Client Advisers targets high net worth individuals and their families, with over a third (38%) of its clients having in excess of £1m in personal wealth with the national financial advisory business.
Quilter’s chief marketing officer, Michelle Andrews, said: “One of Quilter’s beliefs is in the value of face to face advice.
“It was therefore important to complete this rebranding early in the process of becoming Quilter.”
In 2018 so far, it has added around £340m in asset under advice through the acquisitions of Wiltshire-based A&M Financial Services, Scotland-based DG Pryde and the Carlisle based advisory arm of Saint & Co.