Quilter Cheviot, which accounts for nearly all of Quilter plc’s high net customer worth segment, experienced a buoyant year during 2021 with pre-tax profits, net fee revenue and assets under management and  administration (AUMA) increasing significantly as financial markets recovered Covid-related losses.

According to Note 6 of Quilter plc’s group consolidated accounts the high net worth segment reported pre-tax profits of £56.0 million for the year ending 31 Decem...