Mortgage Advice Bureau acquires majority share in Auxilium Partnership

MAB takes 75% stake

Hemma Visavadia
clock • 1 min read

Mortgage Advice Bureau, (MAB) has announced the acquisition of a 75% shareholding in specialist protection service provider, Auxilium Partnership.

Auxilium, which services Directly Authorised (DA) firms, will continue to be spearheaded by chief executive Mark Graves, who retains 25% shareholding in the business. The acquisition will see MAB focus more on DA's to help achieve better performances productive and better customer outcomes, it stated. Commenting on the acquisition, Graves added that the partnership will enable Auxillium to strengthen its proposition further and help more DA firms. "They are the perfect partner for us and have an unprecedented track record of success. I look forward to working with Peter and the tea...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Adviser / Broking

A direct comparison

A direct comparison

Why advisers need to be in the know on D2C plans

Alan Lakey
clock 17 November 2025 • 3 min read
The COVER Review: NHS waiting list, group protection and advice processes

The COVER Review: NHS waiting list, group protection and advice processes

Week commencing 10 November 2025

COVER
clock 14 November 2025 • 1 min read
COVER Women in Protection and Health Awards 2026: Final day to nominate

COVER Women in Protection and Health Awards 2026: Final day to nominate

Deadline 14 November

COVER
clock 14 November 2025 • 1 min read