Quilter assets under management and administration fell 4% over the three months to 31 March 2022, despite positive net flows. The £1bn inflows was not enough to stem £4.6bn reduction in AUMA caused by market movements, as the total fell to £107.2bn. Both the firm's affluent and high net worth segments fell in lockstep, although the IFA channel and non-core businesses performed considerably better on a flow basis across the Quilter platform compared to other platforms. Quilter Cheviot's David Miller brings four-decade career in wealth management to a close Quilter chief executiv...
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