Quilter plc

{{Infobox company

| name = Quilter plc

| logo = Quilter logo.svg

| image =

| image_caption =

| type = Public limited company

| traded_as = {{ubl|{{lse|QLT}}|FTSE 250 component}} {{JSE|QLT}}

| foundation =

| location = London, England

| key_people = Ruth Markland
{{small|(Chair)}}
Steven Levin
{{small|(CEO)}}

| industry = Wealth management

| products = Asset management
Wealth Management
Life insurance
Savings and investment

| revenue = {{increase}} £5,449 million (2024){{cite web|url=https://otp.tools.investis.com/clients/uk/quilter/rns1/regulatory-story.aspx?cid=2402&newsid=1914579|title=Preliminary Results 2024|publisher=Quilter plc|access-date=5 March 2025}}

| operating_income = {{decrease}} £35 million (2024)

| net_income = {{decrease}} £(34) million (2024)

| assets = {{increase}} £62.448 billion (2024)

| equity = {{decrease}} £1.423 billion (2024)

| num_employees = 3,000 (2025){{cite web|url=https://www.financialopts.co.uk/quilter-group|title=Quilter Group|publisher=Financial Options|access-date=10 February 2025}}

| aum = {{increase}} £119.4 billion (2024)

| parent =

| subsid =

| homepage = [https://www.quilter.com www.quilter.com]

| footnotes =

}}

Quilter plc, formerly known as Old Mutual Wealth Management Limited, is a British multinational wealth management company formed to take over the UK wealth management{{Cite web|url=http://www.oldmutualplc.com/download/32381/2017-11-15%20Old%20Mutual%20Wealth%20showcase%20presentation.pdf|title=OMW - CAPITAL MARKETS SHOWCASE|date=15 November 2017|access-date=2018-03-10}} business of Old Mutual plc after its separation of business.{{Cite web|url=http://www.oldmutualplc.com/retail-shareholder-communication/|title=Managed separation - Process explained|access-date=2018-03-10}} 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).{{Cite web|title=Quilter Share listing|url=https://www.quilter.com/investor-relations/shareholder-information/about-quilter-plc-shares/|access-date=12 May 2020}}

History

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.{{cite web|url=https://www.bbc.com/news/business-35782231|title=Old Mutual to split into four units|website=Bbc.com|date=11 March 2016|access-date=28 September 2016}}{{Cite journal |last=Holt |first=Natalie |date=2016-03-07 |title=Old Mutual Wealth up for sale |url= |journal=Money Marketing (Online Edition) |pages=1}} In November 2017, Old Mutual Wealth announced its intention to rebrand as Quilter plc{{Cite web|url=http://otp.investis.com/clients/uk/old_mutual/rns/regulatory-story.aspx?cid=284&newsid=949994|title=Old Mutual Wealth Showcase|date=15 November 2017|website=Old Mutual plc|access-date=11 March 2018}} and to list its shares on the London Stock Exchange (LSE) with secondary listings on the Johannesburg, Namibia, Malawi and Zimbabwe Stock Exchanges.{{Cite web|url=http://www.internationalinvestment.net/regions/uk/old-mutual-wealth-rebrand-quilter-ahead-lse-listing-next-year/|title=Old Mutual Wealth to rebrand as Quilter ahead of LSE listing next year|last=Costello|first=Eugene|date=15 November 2017|website=International Investment|access-date=11 March 2018}}{{Cite web|url=https://www.iol.co.za/business-report/companies/quilter-plc-is-ready-for-listing-on-jse-and-lse-14735861|title=Quilter plc is ready for listing on JSE and LSE|date=2 May 2018|access-date=16 May 2018}}

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{{Cite journal |last=Kerr |first=Sam |date=2018-07-30 |title=We did well because we listened, says Quilter CEO |url= |journal=Global Capital |pages=N.PAG}} and was estimated to have valued the company at $3.35 billion.{{Cite web|url=https://www.reuters.com/article/us-old-mutual-wealth-ipo/old-mutual-unit-picks-banks-for-3-35-billion-flotation-sources-idUSKBN1E12O8|title=Old Mutual unit picks banks for $3.35 billion flotation: sources|date=7 December 2017|website=Reuters|publisher=Thomson Reuters|access-date=11 March 2018}}