Quilter Financial Planning has added two appointed representative firms to its network, including a new sports and entertainment specialist as well as South West-based Chartered Financial Planner Holroyd Wealth Management.

Three experienced Financial Planners have set up their own new Financial Planning firm called Juniper based at Prestwick in Ayrshire, Scotland.

Assets under management and administration for Financial Planner and wealth manager Quilter dropped 5% to £101.9bn in the first three months of the year, compared to £107.2bn in 2022.

Wealth manager Quilter has reported a fall in assets under management and net inflows in its fourth quarter, but bosses said the firm ended the year on “a solid note.”