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Profits fall in Quilter's HNW division

News Team, 08/03/2023

Quilter’s high net worth (HNW) segment fell 19.64 percent in the full year to 31 December 2022.

Adjusted pre-tax profit for the segment fell from £56 million in 2021 to £45 million.

Quilter’s HNW segment incorporates the Quilter Cheviot and Quilter Private Client Advisers brands.

In total, Quilter’s pre-tax profits increased significantly from £12 million to £199 million. However, these figures only refer to continuing operations and excludes Quilt...


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