Stanford Brown CEO, Jonathan Hoyle, commented: “We are delighted that Ian MacRitchie (the Principal & Founder of IMR Financial Advisors) has chosen Stanford Brown to be the natural successor for his firm. Ian has built a robust firm centered around high touch customer service, and we are very excited by the opportunity to be working with his clients. Ian had a clear vision of how he wanted his clients to be cared for into the future, which made connecting the similarities in the values of both firms a much easier task.”
“We are also in awe of the incredible philanthropic work Ian and his wife Marionne have achieved through the Emerge Foundation. We will be providing them the support they need to continue their wonderful work.”
“The acquisition of IMR is another important milestone in our strategy to achieve a balance of organic growth and acquisitions that provide retiring Principals an opportunity to transition their clients to a firm that values customer service above all else.”
Ian MacRitchie, said: “I felt really comfortable with the Stanford Brown team. They have a wonderfully young and vibrant culture; one that my clients will relate well. I have been particularly impressed with the calibre and integrity of the Stanford Brown advisers. This was the most important factor for me in choosing my new home.”
The acquisition of IMR will take Stanford Brown funds under management to approximately $1 billion.
