Towry set to close two regional offices

The wealth manager said the decision, which will affect a total of 14 employees, was a consolidation of business rather than a reduction. However, it is unclear whether there will be any redundancies following the move, which would reduce the number of Towry offices from 21 to 19. There are four advisers in the Norwich office with 8 non-advisory roles; and one adviser in Londonderry with six support roles. Staff from the Norwich office may be transferred to Cambridge, which a spokeswoman said "is a better base from which to service our clients and develop our business further in th...