Abstract:Quilter Financial Planning, founded in 2006 and based in the United Kingdom, offers a range of services and products for both customers and advisers. However, it is important to note that Quilter Financial Planning currently operates without valid regulation from the United Kingdom FCA. To facilitate convenient access and management of investments, Quilter Financial Planning offers two distinct trading platforms.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
Quilter Financial Planning Review Summary | |
Founded | 2006 |
Registered Country/Region | United Kingdom |
Regulation | FCA (Exceeded) |
Services | Financial advice, investment solutions and investment management services |
Demo Account | Unavailable |
Trading Platforms | The Quilter app, the Quilter Investment Platform |
Customer Support | Phone, email, Twitter, Facebook, Instagram and Linkedin |
Quilter Financial Planning, founded in 2006 and based in the United Kingdom, offers a range of services and products for both customers and advisers. However, it is important to note that Quilter Financial Planning currently operates without valid regulation from the United Kingdom FCA. To facilitate convenient access and management of investments, Quilter Financial Planning offers two distinct trading platforms.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Pros | Cons |
• Trading tools and resources | • Not regulated |
• Multiple trading platforms and mobile apps | • Not MT4 supported |
• Social media presence | • No demo accounts |
• Multi-channel support |
There are many alternative brokers to Quilter Financial Planning depending on the specific needs and preferences of the trader. Some popular options include:
Acetop Group - An online finance industry that is committed to providing one-stop and diversified financial services for clients worldwide.
Hirose Financial - A FCA regulated Forex trading company offering multiple trading solutions to the FX community basing in the UK.
Eddid Financial - A financial institution that offers a wide range of services, includingFinTech, Asset Management, Investment Banking, Wealth Management, Securities, Futures, Forex Investment, and Alternative Investments to cater to the diverse needs of its clients.
Quilter Financial Planning exceeds the business scope regulated by United Kingdom FCA. Therefore, it currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. It makes investing with them risky.
If you are considering investing with Quilter Financial Planning, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.
Quilter Financial Planning provides a range of services and products for both customers and advisers.
For Customers:
For customers, Quilter Financial Planning offers comprehensive financial advice in various areas such as pensions, investment, protection, and mortgages. This means that individuals seeking guidance on planning their retirement, making investments, safeguarding their assets, or obtaining a mortgage can benefit from their expertise.
In terms of products, Quilter Financial Planning provides several options to cater to different financial needs. They offer pension products, which help individuals save for their retirement and ensure a stable income during their golden years. Moreover, Quilter Financial Planning provides a collective investment account, which allows customers to pool their funds with others into a diversified investment portfolio managed by professionals. They also offer an investment bond, which is a single premium investment product that can provide potential growth over the long term.
They also offer Individual Savings Accounts (ISAs) and Junior ISAs, which are tax-efficient savings and investment accounts for adults and children respectively.
Additionally, Quilter Financial Planning promotes family linking, a feature that allows families to link their savings and investments together, enabling them to collectively work towards their financial goals.
For Advisers:
For advisers, Quilter Financial Planning focuses on investment-related services. They offer investment solutions and investment management services, assisting advisers in creating and managing investment portfolios for their clients.
The product offerings for advisers are similar to those for customers, including pensions, ISAs, Junior ISAs, collective investment accounts, and onshore bonds. These products can be utilized by advisers to construct tailored investment portfolios for their clients based on their individual financial objectives and risk tolerances.
Accounts
Quilter Financial Planning offers collective investment account and collective retirement account.
Collective Investment Account:
Collective Investment Account is designed to be used as a medium- to long-term investment, and gives you a flexible way of holding a wide variety of assets in one convenient place, with no limits on the amounts you can invest. The CIA is often used by investors as a flexible way to invest alongside other tax efficient products, like our ISA. The benefit of this is that traders can easily transfer assets to other Quilter products, each tax year, to take advantage of any tax allowances you may have.
Collective Retirement Account (CRA):
Collective Retirement Account (CRA), offers a wide range of flexible options to traders with no additional costs. Because it‘s a pension, the CRA benefits from certain tax advantages that aren’t available to other kinds of investment.
Quilter Financial Planning provides two distinct trading platforms: Quilter app for customers and Quilter investment platform for advisers.
Quilter App:
Quilter app is designed specifically for customers, offering them an intuitive and user-friendly platform to manage their investments and financial transactions conveniently. With the app, customers can access a variety of features and tools to monitor their investment portfolios, track market performance, and make investment decisions on the go. They can view the value of their investments, check their transaction history, and receive real-time updates and alerts. The app also provides educational resources and market insights to help customers make informed investment choices. Additionally, the Quilter app offers a seamless digital experience, allowing customers to securely transfer funds, make trades, and perform other financial transactions anytime, anywhere.
Quilter Investment Platform:
On the other hand, Quilter investment platform is tailored specifically for advisers, equipping them with a comprehensive suite of tools and resources to efficiently manage their clients' investments. The platform provides access to a wide range of investment products and strategies, ensuring advisers can create diversified portfolios aligned with their clients' goals and risk profiles. Through the investment platform, advisers can analyze market data, conduct research, and access investment research tools to stay informed about market trends and opportunities. The platform also offers sophisticated reporting capabilities, allowing advisers to generate customized reports for their clients, track performance, and monitor portfolio changes effectively. Moreover, the Quilter investment platform facilitates seamless communication and collaboration between advisers and their clients, enabling efficient decision-making and timely updates.
See the trading platform comparison table below:
Broker | Trading Platform |
Quilter Financial Planning | Quilter App, the Quilter Investment Platform |
Acetop Group | MT4 |
Hirose Financial | MT4, LION Trader (ActTrader) |
Eddid Financial | Proprietary trading platform (Android, IOS, PC) |
Quilter Financial Planning offers a range of trading tools and educational resources to empower their clients in making informed decisions about their investments.
The trading tools provided by Quilter Financial Planning enable clients to analyze and monitor their investment portfolios effectively. These tools often include features like portfolio trackers, investment performance analysis, and asset allocation tools.
Quilter Financial Planning also offers quarterly reporting to provide clients with a comprehensive summary of their investment performance and relevant market insights. Through these quarterly reports, clients can gain a deeper understanding of how their investments have performed in relation to market conditions, evaluate the progress towards their financial goals, and identify potential areas for improvement in their investment strategies.
Besides, clients can access technical insights, which may include market commentary and analysis from Quilter Financial Planning's team of experts. These insights offer valuable perspectives on market trends, investment opportunities, and potential risks, helping clients make informed decisions based on expert knowledge.
Clients also have access to a questions and answers platform, where they can seek clarification about various financial topics and get personalized answers from experts at Quilter Financial Planning. This platform enables clients to address any specific concerns or doubts they may have, ensuring they have a clear understanding of their investments and financial planning strategies.
Moreover, Quilter Financial Planning provides wellbeing resources to support clients in maintaining a healthy financial mindset. These resources may encompass tips on managing financial stress, promoting financial resilience, and achieving overall financial wellbeing. By prioritizing clients' wellbeing, Quilter Financial Planning aims to ensure that individuals feel supported and empowered throughout their financial journeys.
Lastly, the video hub offered by Quilter Financial Planning provides clients with a library of informative and educational videos. These videos cover a wide range of financial topics and can serve as valuable educational tools for clients seeking to enhance their financial knowledge.
Customers can visit their office or get in touch with customer service line using the information provided below:
Telephone: 0207 562 5800
0808 171 2626 (Service centre)
+44 33 3323 3833 (Contact from abroad)
Email: QFPComplaints@quilter.com
Address: Senator House 85 Queen Victoria Street London EC4V 4AB
Riverside House The Waterfront Newcastle Upon Tyne NE15 8NY
Moreover, clients could get in touch with this broker through the social media, such as Twitter, Facebook, Instagram and Linkedin.
Instagram: https://www.instagram.com/quilterplc/
Facebook: https://www.facebook.com/QuilterPlc
Linkedin: https://www.linkedin.com/company/11361969/
In conclusion, Quilter Financial Planning is a financial firm based in the United Kingdom that offers various services, products, trading platforms, and educational resources to customers and advisers. However, it is important to note that Quilter Financial Planning currently operates without valid regulation from the United Kingdom FCA. As a result, there is no government or financial authority oversighting their operations.
The absence of regulation means that investing with Quilter Financial Planning carries an increased level of risk. Without proper oversight, there may be potential concerns regarding the transparency, compliance, and security of their services and products.
Q 1: | Is Quilter Financial Planning regulated? |
A 1: | No. It has been verified that this broker currently has no valid regulation. |
Q 2: | How can I contact the customer support team at Quilter Financial Planning? |
A 2: | You can contact via telephone, 0207 562 5800, 0808 171 2626 (Service centre) and +44 33 3323 3833 (Contact from abroad) and email, QFPComplaints@quilter.com. |
Q 3: | Does Quilter Financial Planning offer demo accounts? |
A 3: | No. |
Q 4: | Does Quilter Financial Planning offer the industry leading MT4 & MT5? |
A 4: | No. Instead, it offers the Quilter App and the Quilter Investment Platform. |
Q 5: | Is Quilter Financial Planning a good broker for beginners? |
A 5: | No. It is not a good choice for beginners because of its unregulated condition. |