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Wells Fargo Advisors is moving jobs from Minneapolis to St. Louis, though the brokerage arm of Wells Fargo won’t say how many positions would shift to the region.

Wells Fargo Advisors announced to employees in Minneapolis this week that it is closing an office within its Business Services Group there and transitioning those jobs to St. Louis. Employees in Minneapolis can apply for the St. Louis positions.

Raschelle Burton, a Wells Fargo Advisors spokeswoman, confirmed the jobs are moving from Minneapolis but declined to specify how many.

“This is part of a broad and ongoing effort to maximize efficiency,” Burton said.

Wells Fargo Advisors, a subsidiary of San Francisco-based Wells Fargo & Co., is based in downtown St. Louis. The company employs more than 5,000 locally and provides financial services including brokerage, estate planning, and asset management.

In August, Wells Fargo Advisors CEO Danny Ludeman said 200 jobs would be added to the St. Louis headquarters campus within 18 months to improve efficiency following a series of acquisitions. Wachovia acquired St. Louis-based A.G. Edwards in 2007, followed by Wells Fargo’s acquisition of Wachovia in 2008.

Ludeman identified Minneapolis in August as a possible site for jobs that could move to St. Louis, in addition to trader jobs and IT and technical jobs from San Francisco, Seattle and New York.

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