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March 30, 2018updated 29 Mar 2018 11:14am

Old Mutual Wealth changes name to Quilter

By Saloni Sardana

Old Mutual Wealth Management has changed its group company name to Quilter ahead of its IPO and plan to separate from Old Mutual.

The multi-asset business is the first business expected to be renamed which will become Quilter Investors. Quilter Cheviot will retain its name.

The plans to rebrand its name was first announced in November last year. The rebrand is expected to take place over two years and the firm said there will be no changes for customers.

Old Mutual Wealth’s CEO Paul Feeney, said: “Building on our strong 2017 results that we announced on 15 March, we continue to make great progress towards our anticipated listing as a leading independent wealth management business.”

“We believe we have a compelling investment opportunity and we look forward to listing as Quilter in due course.”

The group will continue to use the names:

• Old Mutual Wealth (UK Platform/Life Assurance) • Old Mutual International • Intrinsic • Old Mutual Wealth Multi-Asset • Old Mutual Wealth Private Client Advisors • Old Mutual Wealth Financial Adviser School for brands within Quilter

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