Equilibrium Asset Management, a UK-based wealth manager, is set to increase its number of employees to 110 in two years.

At present, Equilibrium has a workforce of 81.

The plan forms part of the company’s Vivid Vision 2021, which portrays its future growth.

The decision is said to come after the recent growth in the company’s turnover to £8.9m. This marks the eight consecutive year of turnover increase for the company.

Equilibrium founder Colin Lawson said: “In our Vivid Vision we have clearly set out exactly where we intend to be in 2021. We aim to be the largest and most trusted independently owned wealth management firm in Cheshire – with £1.4bn in assets – and want to continue to transform the way people think about retirement and managing their wealth.

“To help people gain financial freedom and the confidence to make better decisions, so they can create a bigger future, we intend to hire the very best employees who fit in with our unique culture.”

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Equilibrium has operations in Wilmslow, which serves as its base, and a branch in Chester.

Among the various services offered by the business include wealth management, investment, pensions, tax planning and estate planning.

“We don’t just manage money. We help people gain financial freedom and the confidence to make better decisions, so they can create a bigger future. And we wanted to make this absolutely crystal clear when creating our vision for the coming years,” Lawson noted.