DOUBLE celebrations are on the cards for the Salisbury office of investment management firm Quilter Cheviot, as it marks its five year anniversary in the city by reaching funds under management (FUM) of £500m.

The firm, located at the London Road office park, has achieved this significant milestone for the first time since opening its Southern England base in March 2010.

The Salisbury-based team, which employs 14 people, advises clients across Somerset, Wiltshire, Dorset, Hampshire and Berkshire.

Paul Sexton, head of the Quilter Cheviot office in Salisbury, said: “Since opening just five years ago, the office has grown strongly.

"It is fantastic to be able to mark our anniversary and celebrate our on-going success in Southern England by announcing such a significant achievement."

Nationally, the firm, which operates across 12 locations in the UK, Ireland and the Channel Islands, has £16.7 billion of funds under management.