Sontag Advisory has named a new chief executive as its founder takes on a new role at the company.

The New York City-based RIA Sontag Advisory has named Michael Delgass, a managing director of the firm since 2005, as chief executive.

Before joining Sontag Advisory in 2005, Delgass was a partner at New York metro and New England law firms including Day Berry & Howard and Cummings & Lockwood. His practice expertise was in the areas of estate, tax, succession, asset protection and business planning.

The firm told Family Wealth Report that Howard Sontag, founder of Sontag Advisory, will serve as chairman and senior managing director going forward while Delgass takes over as CEO.

Click here for an interview with Delgass in 2014 on why the firm “bookends” the entire wealth spectrum, with some very large, and some smaller, clients.