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Quilter Cheviot eyes ‘bolt-on acquisitions’

By Alina Khan, 9 Aug 23

And also wants to expand its advice operation internationally

Cooperation partnership, work together for success, team collaboration, agreement or negotiation, collaborate concept, businessmen handshake on growth arrow joining connection agree to work together.

Discretionary wealth manager Quilter Cheviot aims to boost growth through acquisitions and new hires.

In its results published on 8 August, Quilter said: “We aim to grow our investment manager and financial planner headcount to around 300 client facing individuals over time.”

Quilter Cheviot also will aim to take advantage of the recent market dislocation by making “bolt-on acquisitions’”to bolster its advice business.

The group also revealed that the firm is planning to build its advice capability internationally in its Dublin and Jersey offices via Quilter Cheviot International.

In April 2023, Quilter Cheviot promoted Andrew Fahy to chief executive of its Irish subsidiary to help drive Quilter Cheviot Europe’s growth strategy through an integrated wealth management offering.

This news comes a day after International Adviser reported that wealth management group Quilter announced it was developing a new adviser model called ‘Quilter Partners’.

Tags: Quilter | Quilter Cheviot

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