I’ve had a lot of problems trying to install ImageMagick using brew. Use the following series of commands to install from source. Got this from Stackoverflow answer.

cd /tmp
curl -OL ftp://ftp.imagemagick.org/pub/ImageMagick/ImageMagick.tar.gz
tar -xzf ImageMagick.tar.gz
cd ImageMagick-[VERSION]/
./configure --prefix=/usr/local --disable-static --with-modules --without-perl --without-magick-plus-plus --with-quantum-depth=8 --disable-openmp --with-gs-font-dir=/usr/local/share/ghostscript/fonts
make
sudo make install