Clarity, before the decision.
Ivory Summit Reach was founded in Tokyo in 2017 by Margaux Ellery, after eleven years in institutional consulting. The name came from a conversation about what good advice actually looks like: reaching the summit of a problem, not just circling it from a comfortable distance. The first client was a third-generation textile manufacturer in the Midlands that had been losing margin for four consecutive years. The work took nine weeks. The answer was not what anyone expected. That engagement set the tone for everything that followed.
The practice grew slowly and deliberately. For the first three years, Margaux took on no more than four engagements annually, preferring depth over volume. A turning point came in the winter of 2020, when two clients in adjacent industries faced the same structural question from different directions. Working through both simultaneously produced a kind of cross-pollination that neither engagement could have achieved alone. Since then, Ivory Summit Reach has maintained a small, stable network of associates, each brought in for specific expertise rather than kept on permanent staff.
- Takes on fewer than eight engagements per year, by design
- Every memo is written by Margaux Ellery personally, not delegated
- First conversation is always free and always candid about fit
- Has declined engagements where the brief was unclear or the timeline unrealistic
- Keeps a written record of past recommendations and revisits them
- Works with associates on specific expertise, never a permanent bench
- 01 Generational Handover, Midlands ManufacturerA third-generation textile business with 68 employees and declining margins. The engagement ran nine weeks and identified a pricing structure that had not been reviewed in eleven years as the primary source of margin erosion. The recommendation involved a phased price correction and a reduction in the product range from 140 SKUs to 38.
- 02 Pre-Investment Readiness, B2B Software FounderA founder preparing for a Series A round who needed an independent view of whether the business was structurally ready. The engagement surfaced three governance gaps that would have been raised by any serious investor. All three were addressed before the round opened. The raise completed six months later.
- 03 Board Composition Review, Professional Services FirmA twelve-partner firm whose board had not changed composition in seven years. We mapped decision-making patterns across eighteen months of board minutes, identified two structural bottlenecks, and recommended a governance redesign that separated operational and strategic oversight. Implemented over one financial year.
- 04 Market Exit Assessment, Consumer Goods BrandA brand considering withdrawal from two European markets after three years of underperformance. The engagement tested whether the underperformance was structural or executional. It was executional. The recommendation was to stay, change the distribution model, and give it eighteen months. The client followed the recommendation.