CHICAGO, April 6, 2022 /PRNewswire/ -- HUB International Limited (Hub), a leading full-service global insurance brokerage and financial services firm, announced today that it has acquired the assets of 401(k) Advisors, Inc. (401(k) Advisors). Terms of the transaction were not disclosed.
Located in Wilmette, Illinois, 401(k) Advisors provides retirement plan consulting services. With $1.3 billion in assets under advisement, 401(k) Advisors assist plan sponsors in the areas of plan design, benchmarking, investment advice, fiduciary compliance and participant outcomes. Stace Hilbrant, Managing Director of 401(k) Advisors, will join Hub Midwest West.
"Stace has an incredible background of managing diverse retirement plan clients and brings a great presence to our team in the Chicago area," said Joe DeNoyior, President of Hub Retirement and Private Wealth.
About Hub Retirement and Private Wealth
Hub Retirement and Private Wealth ("RPW") offers institutional and retirement services to for-profit and not-for-profit organizations and customized private wealth management services to individuals and families. Employees of Hub International offer securities through partner Broker Dealers not affiliated with Hub. Employees of Hub provide advisory services through both affiliated and unaffiliated Registered Investment Advisors (RIA). Global Retirement Partners, LLC, Millennium Advisory Services, Inc, TCG Advisors, Hub Investment Advisors, LLC, HUB International Investment Advisory Services, Inc., and Sheridan Road Advisors, LLC are wholly owned subsidiaries of Hub International. Learn more about Hub Retirement and Private Wealth.
About Hub's M&A Activities
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise. For more information on the Hub M&A experience, visit WeAreHub.com.
About Hub International
Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker and financial services firm providing risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 14,000 employees in offices located throughout North America, Hub's vast network of specialists brings clarity to a changing world with tailored solutions and unrelenting advocacy, so clients are ready for tomorrow. For more information, please visit www.hubinternational.com.
SOURCE Hub International Limited