Raymond James Financial’s global private client group’s CEO Chet Helck will depart from his role in February after more than 25 years with the firm.

However, Helck will remain with the firm as a special senior advisor through the end of 2014 to ensure an orderly transition. The firm did not name his direct replacement.

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Additionally, Scott Curtis, president of independent broker-dealer Raymond James Financial Services and Tash Elwyn, president of employee broker-dealer Raymond James & Associates, will join the executive committee of Raymond James following approval by the board in February.

Previously, Helck has held various roles at Raymond James such as chief operating officer, member of the executive committee and board of directors in addition to leading the firm’s private client group since 2002.

In addition, he also served as chairman of the Securities Industry Financial Markets Association in 2012 and 2013.

Paul Reilly CEO Raymond James Financial said: "Chet has been a very strong leader for our organization. He was our first head of a combined Private Client Group (PCG) and has managed our core business through challenging markets while delivering consistently excellent results."

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Tom James, executive chairman, Raymond James Financial, said: "Chet’s contributions to the firm go beyond his leadership with our Private Client Group, including as a key contributor to the development of the firm’s technology, wealth solutions and marketing efforts.

"Prior to his broader PCG leadership role, Chet was one of a small management team that made Investment Management & Research and its successor, Raymond James," he added.