Quilter saw £56mn of net inflows in the final quarter of 2023, which it partly put down to new business from IFAs onto its platform.
Inflows onto its platform in the fourth quarter increased by 44 per cent, to £1.4bn, compared with £1bn in the same period in 2022.
Steven Levin, Quilter CEO, said: "In what has been a tough year across the industry, we finished 2023 on a positive note with improved fourth quarter performance relative to the third.
"The Quilter channel continues to drive strong net flows in both our affluent and high net worth segments.
“Our actions to enhance the proposition of our platform continue to bear fruit.
"We saw 44 per cent year-on-year growth in fourth quarter gross new business from IFAs onto our platform in our affluent segment, resulting in us moving back into a position of net inflows in this channel during the final quarter."
Assets under management and administration at the asset manager stood at £106.7bn at the end of December, compared with £101.4bn at the end of September - a rise of 5 per cent.
Of this, £73.8bn related to the firm's UK platform.
However, overall in 2023 Quilter experienced a considerable decline in inflows compared with the year before.
It's unaudited figures showed net inflows were £137mn in 2023 compared with £1.78bn in 2022.
Earlier this month, Quilter appointed Craig Ross to oversee the firm's offering for advisers.
He is responsible for the design and delivery of the firm's platform and investment propositions for advisers.
Quilter's full year results are due to be published on March 6.
tara.o'connor@ft.com
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