UK-listed wealth management house Brewin Dolphin is closing its Stoke office and making four support roles redundant in a move that will see the remaining staff transferred to its Manchester branch.

Eight executives from the Stoke office will be transferring to Manchester and one executive has been put on six months’ gardening leave, Brewin Dolphin said in a statement.

Brewin said the office would officially close on 31 October and that it anticipated no further closures.

The firm added that all members of staff have been offered the opportunity to apply for roles in Manchester and elsewhere in the group.

"While we recognise this is a sad day for Stoke, we are continually reviewing how we conduct business to ensure that our clients receive the best possible service. We are confident that all our clients will be very well served from our Manchester office, which does have better resources," said Richard Platt, Midlands North regional director for Brewin Dolphin.

"We will continue to see our clients locally in North Staffordshire and South Cheshire, where we all continue to live and we have every intention of continuing to grow our important and highly valued business in the area," Platt added.

The closure follows after a number of mergers and consolidations made by the firm this year.

In September, Brewin Dolphin closed its Inverness branch and moved its business to its Aberdeen office. The Teeside branch was also merged into the Newcastle one and the Hereford branch was merged into Cheltenham. In addition, the Swansea office merged into the Cardiff one in July.

Earlier this year, the firm restructured its management, which saw a number of board members step down, including executive chairman Jamie Matheson.