Quilter plc is today pleased to confirm the successful rebrand of its Southampton-based investment platform business to Quilter from Old Mutual Wealth. The business employs 1,500 people in the city.

The business has been based in Southampton since 1979 and occupies two buildings in the City on Portland Terrace and Commercial Road. Its Portland Terrace office location will change its name from Old Mutual House to Quilter House.

The rebranding is a result of Quilter plc separating from Old Mutual plc in June 2018 and listing separately on the London and Johannesburg stock exchanges. The Quilter name originates with the group’s investment management business, Quilter Cheviot.

The Quilter investment platform manages £64.3bn of customer investments as at 31 March 2021. The heritage of the business lies in the Skandia UK business which was acquired by Old Mutual in 2006.

As part of Quilter plc, the investment platform lies at the heart of one of the largest wealth managers in the UK looking after £119.9bn of customer investments, as of 31 March 2021.

Steven Levin, CEO of the Quilter investment platform, says:  

“This is a really exciting milestone for the business as it means all the Quilter businesses are now harnessing the strength of the Quilter brand.

“We’re incredibly proud of the heritage of the business as a major employer in Southampton for more than 40 years with a reputation for high-quality customer service and innovation in the investment market, and we continue with those ideals at our core as Quilter.”