The top 35 UK wealth management firms, 2026
The UK's biggest wealth managers, platforms and advice groups ranked by the turnover in their own filed Companies House accounts — not assets under management. Fee-based filers only: the firms whose insurance or banking accounts make honest comparison impossible are named, not estimated.
What the filings show
Start with who's missing. St James's Place — by assets the biggest wealth manager in Britain — files as an insurance group. Rathbones files as a bank. Quilter files as a former insurer. None of their accounts contains a turnover line that can honestly sit in this table, so they're named in the "can't rank" section instead, and the fee-based industry ranks below: Hargreaves Lansdown at £762M, then True Potential and Evelyn Partners within a couple of million of each other.
Private equity is consolidating financial advice at speed: the 10 adviser networks and consolidators on this list — True Potential (Cinven), Fairstone, Ascot Lloyd (Nordic Capital), Progeny, Radiant among them — bill £1.36B between them, assembled almost entirely by acquiring local advice firms. The same roll-up wave we documented in accountancy is running through wealth management with bigger cheques.
The growth table — Saltus (+59%), Foster Denovo (+51%), Progeny (+38%), Perspective (+38%) — is platforms and scaled advice; the one conspicuous decline is Ruffer (−17%), where performance fees swing with its defensive style. AUM headlines say this industry had a flat year; the filed revenue says the fee pool kept growing.
Top 35 wealth management firms in the UK by filed revenue
Latest accounts filed as of June 2026 · refreshed monthly
| # | Firm | Turnover | YoY | Staff | Accounts |
|---|---|---|---|---|---|
| 01 | Hargreaves Lansdown platform Retail investment and savings platform Hargreaves Lansdown Asset Management Limited, the operating company; the group was taken private by a CVC-led consortium in 2024. | £762M | +12% | 2,229 | FY to Jun 2025 |
| 02 | True Potential adviser network Private equity-backed wealth management group True Potential Group Limited, consolidated (Cinven-backed). | £499M | +23% | 616 | FY to Dec 2024 |
| 03 | Evelyn Partners Wealth management group holding company Evelyn Partners Group Limited, consolidated — the former Tilney Smith & Williamson. Its professional-services arm was sold to become S&W (ranked in our accountancy list). | £497M | +6% | 2,420 | FY to Dec 2024 |
| 04 | Openwork adviser network Financial adviser network operator Openwork Limited — turnover reflects gross network commission flows, not net fee income. | £443M | +6% | — | FY to Dec 2024 |
| 05 | Investec W&I Wealth and investment management firm Investec Wealth & Investment Limited — merged into Rathbones Group in 2023; this filing predates full integration. | £353M | — | 1,282 | FY to Dec 2024 |
| 06 | AJ Bell platform Online investment platform and stockbroker AJ Bell plc, consolidated. | £318M | +18% | 1,600 | FY to Sept 2025 |
| 07 | Raymond James Wealth Management UK wealth management firm Formerly Charles Stanley & Co — renamed after the Raymond James acquisition; same company number since 1985. | £205M | +2% | 836 | FY to Sept 2024 |
| 08 | Ruffer Investment management firm Ruffer LLP — absolute-return manager for private clients and institutions. | £174M | -17% | — | FY to Mar 2025 |
| 09 | Quilter Cheviot Discretionary investment manager Quilter plc’s discretionary investment arm. The plc itself files IFRS ex-insurer accounts with no comparable turnover line — see the firms we can’t rank. | £160M | +2% | 577 | FY to Dec 2024 |
| 10 | LGT Wealth Management UK Wealth and investment management firm UK LLP of the Liechtenstein princely family’s LGT group. | £146M | +24% | 581 | FY to Dec 2024 |
| 11 | Canaccord Genuity Wealth UK wealth management subsidiary UK wealth arm of Canada’s Canaccord Genuity. | £138M | +3% | 439 | FY to Mar 2025 |
| 12 | Mattioli Woods Private equity-backed wealth manager Mattioli Woods Limited, consolidated (Pollen Street-backed); wealth management and employee benefits. | £134M | +9% | 980 | FY to May 2025 |
| 13 | Rothschild & Co Wealth Management UK UK wealth management subsidiary Consolidated UK wealth arm of Rothschild & Co. | £128M | +13% | 260 | FY to Dec 2024 |
| 14 | Fisher Investments Europe Wealth management and investment advice UK arm of the US manager. | £128M | +35% | 503 | FY to Dec 2025 |
| 15 | Brooks Macdonald Listed wealth management group Brooks Macdonald Group plc, consolidated. | £112M | +5% | 593 | FY to Jun 2025 |
| 16 | Killik & Co Independent wealth management partnership Killik & Co LLP, consolidated. | £91M | +15% | 295 | FY to Mar 2025 |
| 17 | Fairstone adviser consolidator Wealth management and financial advisory Fairstone Financial Management Limited, the group’s largest filer; the group’s topco files without consolidated turnover. | £90M | +19% | 383 | FY to Dec 2024 |
| 18 | Ascot Lloyd adviser consolidator PE-backed financial advisory firm Ascot Lloyd Limited (Nordic Capital-backed). | £83M | +13% | 622 | FY to Dec 2024 |
| 19 | JM Finn Wealth management and investment firm J.M. Finn & Co. Ltd. | £82M | +7% | 317 | FY to Dec 2024 |
| 20 | Sarasin & Partners Global thematic investment manager UK LLP of Switzerland’s J. Safra Sarasin. | £81M | +3% | 229 | FY to Dec 2024 |
| 21 | W1M Wealth management holding company W1M Holdings, consolidated — the merged Waverton and London & Capital. | £80M | +25% | 222 | FY to Dec 2024 |
| 22 | 7IM Investment management and advisory firm Seven Investment Management LLP (Ontario Teachers’-backed). | £79M | +6% | 389 | FY to Dec 2024 |
| 23 | Stonehage Fleming IM family office Family office investment manager Stonehage Fleming Investment Management Limited, the UK investment arm of the international family office. | £59M | +10% | — | FY to Mar 2025 |
| 24 | Succession Wealth adviser consolidator FCA-regulated wealth management provider Aviva-owned national advice business. | £54M | -10% | — | FY to Dec 2024 |
| 25 | Perspective adviser consolidator Financial planning and wealth management group Perspective Financial Group Limited, consolidated. | £52M | +38% | 604 | FY to Dec 2024 |
| 26 | Progeny adviser consolidator Wealth management advisory firm Progeny Wealth Limited, the group’s largest filer. | £46M | +38% | 394 | FY to Dec 2025 |
| 27 | James Hambro & Partners Independent wealth management partnership James Hambro & Partners LLP, consolidated. | £44M | +13% | 147 | FY to Apr 2025 |
| 28 | Wren Sterling adviser consolidator Financial planning advisory firm | £41M | +36% | 280 | FY to Mar 2025 |
| 29 | Foster Denovo adviser consolidator Regulated financial advisory firm | £39M | +51% | 321 | FY to Dec 2024 |
| 30 | Tatton IM Investment manager for financial advisers Tatton Investment Management — on-platform discretionary manager for advice firms. | £37M | +31% | 49 | FY to Mar 2025 |
| 31 | Handelsbanken Wealth & AM Wealth and asset manager UK wealth arm of Sweden’s Handelsbanken. | £35M | +4% | 192 | FY to Dec 2025 |
| 32 | Atomos Wealth and fund management firm Atomos Investments — the former Sanlam UK wealth business. | £32M | +20% | 123 | FY to Dec 2024 |
| 33 | Walker Crips Listed wealth management group Walker Crips Group, consolidated (listed). | £31M | -1% | 235 | FY to Mar 2025 |
| 34 | Saltus Financial planning and wealth management Saltus Financial Planning, consolidated. | £27M | +59% | 12 | FY to Mar 2025 |
| 35 | Vermeer Independent investment management firm Vermeer Investment Management — boutique private-client manager. | £16M | — | 1 | FY to Mar 2025 |
The next 3
Firms ranked 36–38
| 36 | Radiant adviser consolidator | £14M | +6% | FY to Mar 2025 |
| 37 | EQ Investors | £11M | +6% | FY to Apr 2025 |
| 38 | Lumin Wealth | £8M | +22% | FY to Dec 2024 |
The firms we can't rank
Wealth management is the rare industry where the biggest firms are the hardest to rank — their accounting frameworks don't produce a comparable revenue line.
- St James’s Place — the UK’s biggest wealth manager files as an insurance group — premium-based revenue lines cannot honestly be compared with fee income
- Rathbones — banking-group accounts: no turnover line exists (its 3,400 staff are visible; its revenue is not)
- Quilter (group) — IFRS ex-insurer accounts; its discretionary arm Quilter Cheviot is ranked instead
- RBC Brewin Dolphin — post-acquisition UK filings carry no comparable revenue line
- Coutts, Cazenove (Schroders), UBS WM and other bank-owned managers — wealth divisions inside banking groups with no separate UK filing
- Schroders Personal Wealth — no UK filing with disclosed comparable revenue surfaced in scope
- Kingswood — holding company now files dormant accounts following restructuring
How this list is built
Source. The latest annual accounts each firm filed at Companies House. Where a firm files consolidated group accounts, the group figure is used; the entity ranked is named under each firm. Where a firm filed a transition period longer or shorter than twelve months (flagged in the Accounts column), the table shows the filed figure but the firm is ranked on its annualised equivalent.
Who counts as a wealth management firm. Discretionary investment managers, financial planners and advice groups, investment platforms, family offices and adviser networks — each tagged. Institutional asset managers, banks' in-house wealth divisions and fund vehicles are excluded. Adviser-network turnover can include gross commission flows; those rows are tagged.
The comparability rule. Only firms reporting a conventional turnover line are ranked. Firms reporting under insurance or banking frameworks (SJP, Rathbones, Quilter at group level, RBC Brewin Dolphin) are named in the "can't rank" section — an honest gap beats a false precision. Where such a group has a conventionally-filing arm (Quilter Cheviot), the arm is ranked with its ownership noted.
Cadence. Rebuilt monthly as new accounts land. Spot a firm we've missed or misread? Tell us — the methodology only works if it's challenged.
Quick answers
- What is the biggest wealth management firm in the UK?
- By assets, St James's Place — but it files as an insurance group, so its revenue can't honestly be compared with fee-based firms (see the firms we can't rank). Among fee-based filers, Hargreaves Lansdown leads at £762M, with True Potential and Evelyn Partners just behind.
- Why aren't St James's Place, Rathbones or Quilter ranked?
- Their accounts don't contain a turnover line a ranking can honestly use: SJP reports under insurance accounting, Rathbones under banking-group accounting, and Quilter under IFRS ex-insurer conventions. We name them rather than fudge them — and rank Quilter's discretionary arm, which files conventionally.
- What's the difference between a platform and a wealth manager?
- Platforms (Hargreaves Lansdown, AJ Bell) earn fees for custody and dealing on self-directed investments; wealth managers earn fees for managing money and advice. Both are tagged in the table, and adviser networks' turnover can include gross commission flows — also tagged.
- Why does revenue matter when firms quote assets under management?
- AUM is the industry's vanity metric — it measures custody, not business size. Filed revenue is what clients actually pay a firm in a year, and it's audited. A firm with £10B AUM at 30bps is a smaller business than one with £3B at 150bps.