Transact executive director Ian Taylor is set to retire in February next year following 20 years at the platform.
Taylor (pictured), who co-founded Integra Holdings (IHP), which operated the Transact wrap platform in 1999, will step down on 26 February.
He was executive director and general manager until April 2002 before becoming chief executive. In March this year, Taylor stepped down from his role as chief executive and became executive director again.
Alex Scott is the current chief executive of IHP and Jonathan Gunby is chief executive of Integrated Financial Arrangements, the subsidiary that operates Transact.
Scott said: "We would like to thank Ian for his contribution to the company and to Transact. Transact has transformed the way people invest with advice and Ian has been a key driver of that. He will be sadly missed and we wish him a very happy retirement."
Commenting on his departure, Taylor said: "I have very much enjoyed my time at Transact. The financial service industry has changed a great deal since we started the company in 1999 and I believe we have made things much better for 'Mrs Miggins'.
"I have made many good friends at the company and beyond and I shall remain very interested in the business after I have gone."
'Giant of the platform sector'
The lang cat principal Mark Polson added: "Ian is a giant of the platform sector and has done more than any individual to shape it.
"Transact itself has been a huge success, not least because of Ian's ready willingness to turn his back on anyone and anything he doesn't like the look of. Whatever he does next, we probably all owe him a Guinness and a curry in the venue of his choosing."
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