Leeds-based Private investment office Traditum has taken a minority stake in IFA Method Asset Management for an undisclosed sum.

IFA Method Asset Management was founded by a former professional rugby player Jonnie Whittle, and works with business owners, high-net-worth individuals, family offices and trustees throughout the North of England.

In addition to providing asset management, pensions and investment advice, it also helps clients take a broader view of their assets, plan how to exit their business, extract their wealth and manage family succession.

As a part of the deal, Jonnie Whittle will continue to lead his team of four employees, who will now work closely with Traditum’s client services team.

The deal will enable Leeds-based Traditum to further expand its services in line with its aim to provide a central point of contact to help high-net-worth individuals and families manage their financial affairs.

Jonnie Whittle said: “Our holistic approach to wealth management means we take account of the full spectrum of a client’s assets which often includes a business. From my experience in sports, I know the importance of having a full team on board.

“Traditum’s expertise in areas such as private equity and corporate finance complements our own skills so by working in partnership, we can offer a really powerful package.”

David Mitchell, chief executive at Traditum, added: “The team at Method Asset Management are a great fit for the Traditum team. Their values, work ethic and long-term thinking fully align with Traditum’s way of working and are evident in their advice to clients. We set out to create a single source of advice for high-net-worth families across their private wealth and business assets.

“This deal will further expand our service and take us one step closer to our goal while adding fantastic leadership and talent from Jonnie and his team.”

 

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