Rathbone Brothers chief executive Andy Pomfret is to retire on 28 February 2014 after ten years in charge of the wealth manager.
Pomfret, who became chief executive in 2004, will be succeeded by deputy CEO Philip Howell on 1 March 2015.
Howell joined Rathbones in March 2013, having previously been CEO of Williams de Broe. Pomfret, meanwhile, joined Rathbones in 1999 as finance director.
"I have had a fascinating 14 years at Rathbones, initially as finance director and for the last nine years as CEO during which funds under management rose from £7.7bn at 31 December 2004 to £20.8bn at 30 September 2013," Pomfret said.
"Having recruited my successor, I believe it is now time to use my experience as both a CEO and a non-executive director to develop a plural career. I wish Philip and everyone at Rathbones well for the future"
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