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.
While industry statistics pointing to a succession crisis can cause alarm, advisor-owners should be free to consider a middle path between staying solo and catching the surging wave of M&A.
New joint research by T. Rowe Price, MIT, and Stanford University finds more diverse asset allocations among older participants.
With its asset pipeline bursting past $13 billion, Farther is looking to build more momentum with three new managing directors.
A Department of Labor proposal to scrap a regulatory provision under ERISA could create uncertainty for fiduciaries, the trade association argues.
"We continue to feel confident about our ability to capture 90%," LPL CEO Rich Steinmeier told analysts during the firm's 2nd quarter earnings call.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
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.
