Hub International, a Chicago-based insurance brokerage and financial services firm, has acquired the assets of 401(k) Advisors, a Wilmette, Illinois-based retirement plan consultant advising on $1.3 billion in assets. Terms of the transaction were not disclosed.
Stace Hilbrant, managing director of 401(k) Advisors, will join Hub Midwest West.
Cerulli research shows advisor retirements and breakaway movement fueling record M&A demand across the wealth management industry.
“The father even shared office space with the son and used a Medallion Guarantee stamp on the client’s account statements,” an attorney said.
The investment banking arm of RBC is ramping up its hiring across the U.S., Canada, and Europe.
The 140-year-old firm catering to ultra-high-net-worth clients joins a growing roster of wealth managers and tech providers plugging Claude into advisor workflows.
Three broker-dealers secure teams across the country as the recruiting race shows no signs of slowing.
As $84 trillion prepares to change hands, advisors who treat estate planning as peripheral are quietly building a sieve, not a book.
In volatile markets, the advisors who win aren't the ones with the best calls - they're the ones whose clients stay the course.
