As part of a restructure, Dunkley (pictured), who is currently joint CEO with Alan Durrant, will become managing director of financial planning.
Dunkley will remain on the board as an executive director but his new position will allow him to fully dedicate his time to the financial advisory business.
Meanwhile, Durrant will assume the sole responsibility as CEO of the group. Alongside his CEO duties, he will continue to lead Wellian, the firm’s investment management division.
The firm said these changes have been driven, in part, by the forthcoming changes to the senior managers regime.
Elsewhere, group current chief financial officer (CFO) Nick Bravery is stepping down from his role, effective from 31 October 2018. He will move in to a non-board role as company secretary.
Harwood Wealth Management said the board intends to appoint a replacement group CFO prior to Bravery’s transition and has identified a number of appropriate candidates.
Chairman of Harwood Wealth Management Group Peter Mann said he believes the changes made “make the best possible use of the resources within our senior team”.
Mann added Dunkley and Durrant have led the group through several years of rapid growth and its listing on Aim.
“With a robust board, positive market drivers and an exciting pipeline of acquisition opportunities ahead of us, we look forward to the future with confidence,” he said.
Harwood Wealth Management acquired Southampton-based IFA AE Financial Services from its parent company for £4.6m last month.
