INDEPENDENT financial advisers Andrew Snell and Ian Hunter have launched Quay Asset Management, replacing and expanding on their previous venture, Lighthouse.

The new enterprise, which remains in Brown Street, Salisbury, will provide independent financial advice under two trading styles - Quay Wealth Management and Quay Financial Solutions.

The first is fee-based, for clients who choose to remunerate in this way - but now without attracting VAT.

The second is commission-based and operates as Lighthouse (Salisbury) did previously.

Quay Mortgage Solutions continues separately as an independent mortgage broker.

Mr Hunter and Mr Snell said: "We are delighted to be able to expand the business in this way.

"It will allow us to continue to give an even more personal and bespoke service to our clients.

"We feel that this is the right time to be developing our partnership."

Their new e-mail is enquiries@quayasset.com.