Joe DeNoyior has been named national president of Hub Retirement and Private Wealth, the wealth management arm of Chicago-based insurance broker Hub International.
DeNoyior had been working in business development at Hub, which acquired Washington Financial Group in September 2019, where he had been CEO.
DeNoyior replaces David Reich, who passed away last July at the age of 50.
Reich was a senior executive at LPL Financial and Ameriprise Financial before joining Hub, where he built a wealth management business through acquisitions that now manages more than $93 billion.
Counting advisor moves in and out of firms requires some art as well as science.
“I'm just a big believer that based on demographics alone, we are looking at a 10-to-15 year bull market in M&A in the RIA and independent wealth space,” said Michael Belluomini, SVP of M&A at Carson Group.
As a tsunami of retirees comes crashing in, three-fifths of those surveyed believe – wrongly – that the federal safety net will cover their LTC needs.
Orion's latest update, a partnership with 11th.com, focuses on an underserved area of compliance for advisors and wealth firms.
The latest arrivals, including a 10-advisor ensemble from Ameriprise, bolster the firm's independent contractor and employee advisor channels.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
