Chet Helck is retiring as CEO and director of Raymond James Global Private Client Group, the company announced.
Helck will remain with the firm as a special senior advisor through the end of the year to help ensure an orderly leadership transition, according to Raymond James
He will officially step down at the February board of directors meeting. As part of the firm’s management succession plans, Scott Curtis, president of Raymond James Financial Services, and Tash Elwyn, president of Raymond James & Associates, will join the firm’s executive committee upon approval at that board meeting.
“I have been privileged to help lead one of the industry’s finest companies," Helck said. "Raymond James is well established as the destination for the best advisors in the industry. Tash and Scott are well prepared and I am proud of the management team we have built together."
Helck's decision to retire will bring to a close a 25-year career of service to Raymond James and the financial services industry.
During Helck’s tenure as head of the firm’s largest business unit, the Private Client Group grew significantly in size and reputation, according to Raymond James.
"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," said Tom James, Raymond James Financial executive chairman.
“Beyond his leadership of our largest business unit, he has been a key member of our executive committee and board of directors. He has also been an industry leader, serving as chair of the Securities Industry Financial Markets Association (SIFMA) and working tirelessly with regulators and legislators on behalf of advisors and their clients.” said Paul Reilly, Raymond James Financial CEO.