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.
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.
Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.
Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
