ProVise Management Group named Eric Ebbert as chief executive officer, effective immediately.

Ray Ferrara, who is the founder of ProVise and was the previous CEO, will remain as executive chair and chief compliance officer.

Jon Brethauer will succeed Ebbert as ProVise’s president.

“I look forward to setting the stage for our future growth as we approach $2 billion in assets under management,” said Ebbert, in a statement. “We have a great team and it will continue to grow in both our Clearwater and Tampa offices.”

Shane O’Hara, who joined ProVise seven years ago, was also named executive vice president.

Read more about Ferrara and his impact on the community in the January issue of Tampa Bay Business and Wealth magazine.