Hub International Limited, the Chicago-based insurance brokerage and financial services firm, has purchased the assets of Renaissance Benefit Advisors Group, a retirement plan consulting firm that focuses on helping plan sponsors meet their fiduciary responsibilities, the company announced Monday.
Terms of the transaction weren’t disclosed.
Renaissance has offices in New York City and Atlanta. According to its website, it has provided advice to plans holding more than $2 billion in retirement assets.
Ellen Lander, who founded Renaissance in 2008, and the rest of the Renaissance team will join Hub Mid-Atlantic.
“The commitment of Ellen and the RBA team to being a trusted ‘fiduciary partner’ to their clients makes them an excellent fit for Hub as we continue to grow our presence in the Northeast,” Joe DeNoyior, president of Hub Retirement and Private Wealth, said in a statement.
Hub Retirement and Private Wealth advises clients with total assets of about $148 billion.
Nine-month electronic trading freeze and share lending program at the center of dismissed claim.
Meanwhile, Rossby Financial's leadership buildout rolls on with a new COO appointment as Balefire Wealth welcomes a distinguished retirement specialist to its national network.
With a smaller group of companies driving stock market performance, advisors must work more intentionally to manage concentration risks within client portfolios.
Professional athletes are often targets of scam artists and are particularly vulnerable to fraud.
The brokerage giant tells Wall Street it will use artificial intelligence to reach clients it has never been able to serve — and turn the technology's perceived threat into a competitive edge.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
