Quilter has announced it will shift the first advisers to its new platform next month, following a project which has taken three years and cost £185 million.

In a market update this week (29 January), Quilter said the initial migration of assets onto the new platform would take place on the weekend of 22 and 23 February.

The migration relates to Quilter’s wealth solutions business, through which £57.2 billion in client assets are managed and advised on.

The firm first announced the change in 2017, when it cancelled its contract with Toronto-headquartered platform provider International Financial Data Servi...