Quilter (QLT) Q3 2025 TU earnings summary

Executive summary

• Achieved third consecutive quarter of net inflows exceeding £2 billion, with Q3 core net inflows of £2.2 billion, up 48% year-over-year.

• Year-to-date core net inflows reached £6.7 billion, surpassing the full-year 2024 total of £5.2 billion.

• Group Assets under Management and Administration (AuMA) rose to £134.8 billion at 30 September 2025, a 7% increase from 30 June 2025.

Financial highlights

• Q3 2025 reported gross flows of £4,944 million and net inflows of £2,118 million, both significantly higher than Q3 2024.

• AuMA increased from £116.2 billion at Q3 2024 to £134.8 billion at Q3 2025.

• Productivity per adviser in the Quilter channel rose to £3.4 million (annualised), up 10% year-over-year.

Outlook and guidance

• Management highlights strong consistency in net flows and expects continued growth, supported by scale and distribution reach.

• Notes potential impact of UK Budget and tax policy changes on retirement planning, emphasizing the need for careful implementation.