Wealth manager Brewin Dolphin has closed its Stoke office and is making four staff roles redundant.
As well as the redundancies Brewin has put one executive on gardening leave while eight other executives will transfer to its Manchester office.
The move follows last month’s closure of its Inverness, Hereford and Teeside offices.
At the time Brewin said it did not anticipate further regional closures. The Stoke office was closed last week.
The firm says all staff affected by the closure have been offered the opportunity to apply for roles in Manchester and elsewhere in the group.
Brewin Midlands North regional director Richard Platt says: “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 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.”