A New Chapter for Ifamax — Management Buyout Announcement
We are pleased to announce the successful completion of a management buyout (MBO), with existing directors Ashton Chritchlow and Jamie Jacobs now becoming the majority shareholders of Ifamax Wealth Management, marking a significant milestone in our firm’s journey.
This transition ensures the continued independence, stability, and long-term vision of the business — while preserving the values and client-first ethos on which the firm was founded.
What This Means for our Clients
While the structure of ownership has changed, the core of who we are remains the same. You will continue to receive the same high-quality advice and service from the team you know and trust. The day-to-day operations and client relationships will be unaffected.
The current leadership team has been in place since 2019, when Ashton became Managing Director. We are proud to have the opportunity to carry forward Ifamax’s legacy as a privately owned and independent firm focused on delivering the best possible outcomes for our clients.
The alternative to an MBO could have been selling the business to a bigger organisation or one of the larger ‘consolidators’ in our industry that tend to use private equity debt to hoover up firms to then pull all sorts of levers to help repay that debt. This could include reduction in service levels, increase of fee’s, change of staff/adviser and changing investment propositions amongst others. Everything we hope to avoid with the route we have taken!
The founder of Ifamax; Max Tennant will continue in his role as chairman and help with oversight on the investment side, something he has always enjoyed. Max will also still hold a minority shareholding in the business.
We are grateful for the opportunity, mentorship and platform that Max has provided us over the years. We would also like to congratulate him on growing Ifamax from a blank piece of paper back in 2003, to the successful business that it is today.
We would also like to thank Tamzin, who has also been a part of Ifamax since day one. Tamzin is no longer a shareholder but will continue in her role as company secretary.
Looking Ahead
This transition secures our long-term future as a wholly independent and privately owned financial planning firm, something that is becoming quite rare in our industry. We remain deeply grateful for your trust and continued support.
Should you have any questions or wish to speak with your adviser about this change, please do not hesitate to get in touch.
Risk warning
This article is distributed for educational purposes only and should not be considered investment advice or an offer of any security for sale. This article contains the opinions of the author but not necessarily the Firm and does not represent a recommendation of any particular security, strategy, or investment product. Reference to specific products is made only to help make educational points and does not constitute any form or recommendation or advice. Information contained herein has been obtained from sources believed to be reliable but is not guaranteed.