Brown Shipley chief executive Ian Sackfield is stepping down after eight years in the role, but will remain a client director for the business.
Sackfield (pictured) has worked at Brown Shipley since 1987 and became chief executive in January 2009.
He will remain in the role until a successor has been appointed to ensure an orderly handover and will take up a new role as a client director, focusing on advising clients.
During his time as chief executive, Brown Shipley assets under management have grown from £1.9bn to £5.5bn and the firm has completed several strategic acquistions.
David Rough, chairman, said: "Ian has done a tremendous job at leading the business for over eight years as chief executive and has played a pivotal role in making Brown Shipley the successful UK-wide full service wealth manager that it is today.
"I am delighted that he will also stay on with the business as a client director. The board and I look forward to appointing a successor in due course and building upon the strong foundations Ian has put in place."
Sackfield said: "Having been chief executive for over eight years, I have decided that now is the right time to hand the baton over for someone else to continue taking the business forward.
"Not only does Brown Shipley have a strong heritage, it also has a bright future based on the pillars of talented employees and a proposition that provides for our clients' overall wealth management needs.
"I am now looking forward to working with our new CEO in due course, as well as continuing to advise clients."
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