Quilter (QLT) Investor presentation summary

Market position and business model

• Holds a market capitalization of approximately £2.1bn and is the UK's largest adviser platform, serving both high net worth and affluent clients across the wealth spectrum.

• Operates a dual-channel model with strong positions in both IFA and restricted adviser channels, offering open, unbundled access to all products and services.

• Demonstrates a balanced business mix and transparent, competitive offerings, with significant scale and growth momentum.

Financial performance and flows

• Outperformed high net worth and platform peers in FY25, with annualized net inflows of +10% in high net worth and +8% in platform channels.

• Maintained strong core gross and net inflows, with annualized net inflows consistently above 6% across channels.

• Platform net flows grew materially, with the Quilter channel achieving 18% net flows/opening AuA and IFA channel 9%, both showing significant year-on-year increases.

Growth drivers and market opportunity

• UK wealth market expected to grow from £1.7tn in 2024 to £2.7tn by 2029, with Quilter positioned as a scalable, advice-led wealth manager.

• Significant opportunity in the "Advice Gap," with 12.3m non-advised individuals holding £825bn in assets and a £5.5trn generational wealth transfer expected over 20 years.

• Regulatory changes and government initiatives are expanding access to advice and supporting structural industry growth.