Eight Advisory UK Team advised August Equity’s portfolio company AAB Wealth on its acquisition of Magus Wealth

Magus Wealth is a specialist financial planning firm based in London, representing AAB Wealth’s first acquisition in London and its focus on expanding its footprint, and growing team in London and the South-east.

Headquartered near Gatwick, with an office in the City of London, Magus Wealth was established in 1998, bringing over 25 years of experience and a robust client base. Aligning with AAB Wealth’s commitment to delivering personalised financial planning, this strategic expansion not only broadens AAB Wealth’s geographical reach but also enhances its capacity to offer specialised advice to clients.

AAB Wealth (a subsidiary of AAB Group) specialises in providing personalised wealth management and financial planning services, offering a range of services including investment management, retirement planning, tax-efficient strategies, and estate planning. AAB Wealth was awarded PFS Planning Firm of the Year accolade for 2023, and has recently been announced as a top-rated firm for 2024 by VouchedFor, the UK’s leading review site for Financial Planners and Advisers.

Eight Advisory team members supporting on this transaction:

• Financial due diligence: Rupert Templeman (Partner), Inès Fernando (Senior)