AAB Wealth Acquires Magus Wealth

April 16, 2025

AAB Wealth (part of AAB) has acquired London-area financial planning firm Magus Wealth, adding approximately £650 million of Assets under Advice and bringing AAB Wealth's total AuA to £1.8 billion. The deal expands AAB Wealth’s presence in London and the Southeast and continues its roll-up strategy under its PE backing from August Equity.

Buyers
AAB Wealth
Targets
Magus Wealth
Platforms
AAB Wealth
Location
England, United Kingdom
Transaction Type
Addon

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