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← CockpitCompetitor Analysis › QLT.L Quilter PlcOpen in the cockpit ↗

Quilter PlcQLT.LCompetitor analysis, valuation and peers

United Kingdom · GBP·Financials›Investment Managers

UK wealth management company providing financial advice and an investment platform for retail and advised clients.

≈ A UK LPL Financial/Ameriprise hybridMomentum neutral 42
Competitor Analysis ▸ ChartsOpen in the cockpit
Mkt cap
$3.30B
US dollars, full cap
Free float
95%
of shares outstanding
$/day
$4.73M
20-day average traded
Fwd P/E
15.0×
forward earnings
ROIC−WACC
n/a
WACC 12.1%
Hurdle
n/a
no reverse DCF
Next earnings
124 days
10 Mar 2027
Close · GBP£188.00
1D+0.1%
1W+2.3%
1M+7.7%
3M-5.2%
6M+5.3%
YTD+2.7%
1Y+3.2%
ATR %2.9%
52w lowhigh10.1% off high

What Quilter does

UK wealth management company providing financial advice and an investment platform for retail and advised clients.

Earns fees on the assets held on its platform and in its funds, and on advice sold through its own network, so income follows investor savings and market levels. It emerged from Old Mutual's managed break-up in 2018, and its in-house advisers feed clients onto the platform that independent advisers also use.

In one line: A UK LPL Financial/Ameriprise hybrid.

Products and services

  • Quilter Financial Planning (advice network)
  • Quilter Investment Platform
  • Quilter Investors (asset management)

Customers

  • Retail investors (advised & direct)
  • Independent financial advisers

Where it sits in the supply chain

  • Financials
  • Wealth management
  • Financial advice network & investment…

What could go right

  • UK retail investment/pension savings growth
  • Adviser-platform asset consolidation

What could go wrong

  • Fee compression in wealth management
  • Consumer Duty regulatory compliance costs

Moat: narrow (scale, distribution, installed base). Large adviser network and platform assets create switching costs for advisers and clients.

Headquarters: London, UK

Named competitors

Quilter at a glance

Size Quilter (QLT.L) is a United Kingdom Financials company (Investment Managers) with a market value of $3.30B, the 125th largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £188.00 on 6 Nov 2026.

Performance Over six months the shares gained 5.3%, against +2.0% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 8th highest of 21 in its peer set.

Growth Revenue grew 191.5% over the last twelve months (peer median +19.3%); the operating margin is 3.5% (peer median 31.1%).

Valuation It trades at 15.0× forward earnings against a peer median of 19.5× (5th cheapest of 19).

Next results Next results expected around 10 Mar 2027 (exchange calendar; dates can move).

Relative performance

10011011 May 202611 Aug 20266 Nov 2026QLT.L 105Peer median 103
Six months, rebased to 100: Quilter against the median of its 20 peers (local-currency closes).

Quilter financials

Reported figures in GBP; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue£13.5B£9.36B£5.45B£4.63B-£4.04B
Revenue growth—+72%+18%——
Gross profit£13.4B£9.29B£5.35B£4.53B-£4.15B
EBITDAn/a£371M£109M£163M£144M
Net income£119M£120M-£34.0M£42.0M£175M
Free cash flow£7.07B£6.16B£4.58B£2.10B£1.67B
Capital expenditure£2.00M£4.00M£8.00M£1.00M£3.00M
Total debtn/a£271M£275M£279M£290M

Quarterly statements and history in the cockpit →

Quilter competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%-10%0%+10%000750NWLMANTATKOAAMIAPAMAB1788AJB002797NUVAMASIIWTAMPRFCNS600906ANANDRATHIGCMGPNIQLT.L6-month return →1-month return →
Up and to the right = strong over both horizons. Quilter is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%+150%+200%25×50×75×NWLMANTATKOAAMIAPAMAJB002797NUVAMASIIWTAMPANANDRATHIGCMGQLT.LRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Quilter is the large dot.

Quilter competitors and peer comparison

Head to head with its named competitors (QLT.L vs STJ.L vs ABDN.L vs AJB.L)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Quilter QLT.L$3.30B+5%+191%3%15.0×n/a
St. James's Place STJ.L$7.48B-3%+164%4%13.2×n/a
Aberdeen ABDN.L$5.36B+2%+2%37%14.3×n/a
AJ Bell AJB.L$3.04B+13%+19%42%19.2×n/a
Rathbones RAT.L$2.42B-8%+5%26%9.9×n/a

How Quilter compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Quilter against its 20 peers (data as of 6 Nov 2026)
MeasureQLT.LPeer medianRank in peer set
1-month return+7.7%-0.7%6th highest of 21
6-month return+5.3%+2.0%8th highest of 21
Distance from 52-week high-10.1%-18.8%3rd highest of 21
Revenue growth (TTM)+191.5%+19.3%highest of 20
Operating margin3.5%31.1%3rd lowest of 20
Forward P/E15.0×19.5×5th cheapest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Quilter QLT.LUnited Kingdom$3.30B+5%+191%3%15.0×n/an/a
Sealand Securities 000750.SZChina$3.30B-12%+2%22%n/an/an/a
Netwealth NWL.AXAustralia$3.31B-13%+21%46%34.1×n/an/a
Mandatum MANTA.HEFinland$3.33B-10%+60%8%23.7×n/an/a
Tikehau Capital SCA TKO.PAFrance$3.24B-10%+32%31%10.7×n/an/a
Acadian Asset Management AAMIUnited States$3.23B+33%+25%27%15.4×n/an/a
Artisan Partners Asset Management APAMUnited States$3.17B+3%+6%36%10.6×n/an/a
AllianceBernstein Holding L.P ABUnited States$3.14B-13%n/an/a9.6×n/an/a
Guotai Junan International 1788.HKHong Kong$3.58B+10%+43%65%n/an/an/a
AJ Bell AJB.LUnited Kingdom$3.04B+13%+19%42%19.2×n/an/a
First Capital Securities 002797.SZChina$3.61B-24%-6%22%21.1×n/an/a
Nuvama Wealth Management NUVAMA.NSIndia$3.61B+25%+13%29%26.2×n/an/a
Sprott SII.TOCanada$2.96B-17%+88%38%25.6×n/an/a
WisdomTree WTUnited States$2.94B+2%+45%40%15.4×n/an/a
AMP AMP.AXAustralia$3.69B+46%-5%-1%15.7×n/an/a
Eurazeo RF.PAFrance$3.70B+2%+18%-2%28.7×n/an/a
Cohen & Steers CNSUnited States$3.76B+1%+13%33%20.1×n/an/a
Caida Securities 600906.SSChina$2.78B-11%+10%36%19.7×n/an/a
Anand Rathi Wealth ANANDRATHI.NSIndia$4.18B+31%+35%41%90.5×n/an/a
GCM Grosvenor GCMGUnited States$2.57B+11%+8%28%12.6×n/an/a
Pinnacle Investment Management PNI.AXAustralia$2.54B+2%+22%10%19.2×n/an/a

Questions

Who are Quilter's main competitors?
Named competitors: St. James's Place (STJ.L), abrdn (ABDN.L), Hargreaves Lansdown (private or unlisted), AJ Bell (AJB.L), Rathbones Group (RAT.L), IntegraFin Holdings (private or unlisted). The cockpit's measured peer set (industry) also includes Sealand Securities (000750.SZ), Netwealth (NWL.AX), Mandatum (MANTA.HE), Tikehau Capital SCA (TKO.PA), Acadian Asset Management (AAMI), Artisan Partners Asset Management (APAM).
Is Quilter expensive compared with its peers?
On forward p/e it trades at 15.0× against a peer median of 19.5×, 5th cheapest of 19 in its peer set.
How has Quilter stock performed?
Over six months to 6 Nov 2026 the shares returned +5.3% against +2.0% for the median peer; over one year +3.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.