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Quilter Cheviot Europe completes deal to acquire GillenMarkets

Date: 16 January 2026

2 minute read

16 January 2026

PRESS RELEASE

Quilter Cheviot Europe completes deal to acquire GillenMarkets

Quilter Cheviot Europe (QCE), the Irish subsidiary of wealth manager Quilter Cheviot, is pleased to announce the completion of its acquisition of Dublin-based investment firm, GillenMarkets.

GillenMarkets was founded by Rory Gillen and currently advises on over €650m of assets. As part of the acquisition, Rory Gillen, five investment advisors, its head of research, and its support team will join QCE.  

This acquisition expands QCE’s presence in Ireland and continues the evolution of its integrated investment management and financial planning offering for clients in Ireland and throughout Europe. QCE’s office was established in 2003 before becoming authorised as Quilter Cheviot Europe in 2019 to serve clients across the European Union. QCE’s business has grown significantly since 2022, doubling its AUM in the process, and this acquisition represents the next step in that growth.

Andrew Fahy, Chief Executive of Quilter Cheviot Europe: “We are delighted to announce the completion of our acquisition of GillenMarkets, and that we can welcome our new colleagues and clients to Quilter Cheviot. Rory and the team have grown this business over several years and are hugely respected across the Irish business and wealth management community. We are excited to see what our combined team can achieve. QCE has grown substantially over the past three years, and we want to continue to build on our scale and reach. Our ambition is to be the wealth manager of choice in Ireland, and this exciting acquisition supports us on that journey.” 

Rory Gillen, Founder of GillenMarkets, added: “After more than a decade and a half, this is a huge milestone for the GillenMarkets team, and we are looking forward to being part of Quilter Cheviot. QCE has built an excellent and respected reputation in the Irish market, and we are excited by the opportunity to combine with such a prestigious wealth manager. With similar investment and client-focused philosophies, clients will see a huge benefit from us joining a business with enhanced investment resources and capabilities.”

Gregor Davidson

Senior External Communications Manager

Notes to Editors:

About Quilter plc

Quilter plc is a leading wealth management business, helping to create brighter financial futures for every generation.

Quilter plc oversees £157.4 billion in customer investments (as at 30 June 2026).

It has an adviser and customer offering spanning financial advice, investment platforms, multi-asset investment solutions and discretionary fund management.

The business is comprised of two branded segments: Quilter and Quilter Cheviot.

Quilter encompasses the financial advice network and national, Quilter's investment platform and multi-asset solutions and Quilter Invest, the digital savings and investment app.

Quilter Cheviot is a discretionary fund management and financial planning business.

This press release is for journalists only and should not be relied upon by financial advisers or customers.

Please remember that past performance is not a guide to future performance. The value of investments and the income from them can go down as well as up and investors may not get back any of the amount originally invested. Exchange rate changes may cause the value of overseas investments to rise or fall.

This communication is issued by Quilter plc.  Registered office: Senator House, 85 Queen Victoria Street, London, EC4V 4AB, United Kingdom. Registered number: 6404270.  Registered in England.

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