Quilter (investment management firm)
Encyclopedia
Quilter is a UK-based company with 18,000 clients and 300 staff based in the UK, Ireland and Channel Islands. Quilter provides discretionary, fee-based wealth advisory services to private clients.

Citigroup
Citigroup
Citigroup Inc. or Citi is an American multinational financial services corporation headquartered in Manhattan, New York City, New York, United States. Citigroup was formed from one of the world's largest mergers in history by combining the banking giant Citicorp and financial conglomerate...

 agreed to acquire Quilter from Morgan Stanley
Morgan Stanley
Morgan Stanley is a global financial services firm headquartered in New York City serving a diversified group of corporations, governments, financial institutions, and individuals. Morgan Stanley also operates in 36 countries around the world, with over 600 offices and a workforce of over 60,000....

on 13 December 2006 (subject to requisite regulatory approvals, expected in Q1 2007). Citigroup expect Quilter to be incorporated into its Global Wealth Management division.

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