Hub International, a Chicago-based insurance broker and wealth manager, has acquired the assets of Kornerstone, a Chico, California-based registered investment adviser managing $560 million.
Kornerstone has become part of Hub’s retirement and private wealth business, which serves retirement plans and individuals. The several RIA affiliates in that Hub unit provide investment advisory services to clients whose total assets approximate $105 billion, the company said in a release.
Kornerstone has 150 clients. Its president, Eric Blofsky, and the rest of the team will join Hub.
“The White House has extremely strict ethical guidelines with respect to issues like this,” said Press Secretary Karoline Leavitt.
Just how much does it cost for a financial advice exec to stay out of prison?
The advisor both prices FSK's private loans and gets paid on those prices, the suit claims
The proposal would end decades of paper-first delivery rules, but keeps a paper opt-out and draws early praise from fund and annuity industry groups.
The Trump accounts are “generationally changing” and bring financial literacy to youth, said IRS chief Frank Bisignano.
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
