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Hub International continues buying spree with IBG acquisition


Hub International continues buying spree with IBG acquisition
Hub International continues buying spree with IBG acquisition
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Insurance broker Hub International acquired retirement plan consulting firm IBG Financial Partners, Hub announced in a news release Thursday.
Terms of the deal, which closed April 1, were not disclosed.
The acquisition of the Foxborough, Mass.-based firm added 70 plan sponsor clients with roughly $1.6 billion in assets under advisement to Hub s client roster, a Hub spokeswoman said.
As part of the transaction,
Peter Vacheron, principal of IBG, and the entire IBG team of six staff members will join Hub Retirement and Private Wealth. ....

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Hub International agrees to buy Plan Sponsor Consultants


Hub International agrees to buy Plan Sponsor Consultants
Hub International agrees to buy Plan Sponsor Consultants
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Terms of the deal, which closed April 2, were not disclosed.
The acquisition of the Atlanta-based firm added 184 plan sponsor clients with $2.4 billion in assets under management to Hub s client roster, a Hub spokeswoman said.
The addition also builds on Hub s expansion in the Gulf South region and strengthens its retirement capabilities, Shaun Norris, president of Hub Gulf South, said in a Hub news release Tuesday. As part of the transaction, Michael Kane, managing director of Plan Sponsor Consultants, and Lee Applebaum, senior vice president, joined Hub Retirement and Private Wealth in Hub Gulf South. ....

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Hub International acquires Alpha Pension Group


Hub International acquires Alpha Pension Group
Insurance broker Hub International acquired Alpha Pension Group, a Boston-based registered investment adviser firm, Hub said Wednesday.
Terms of the deal were not disclosed.
Alpha Pension Group serves 572 retirement plan sponsor clients with some $2.9 billion in assets under management. The firm provides investment analytics, fiduciary governance, and guidance to corporations and nonprofits on retirement planning.
Shawn McLaughlin, president and CEO of Hub New England, said in a new release that Alpha Pension Group s expertise will benefit Hub s New England clients as they continue to seek more transparency and personalized retirement service offerings.
Alpha Pension Group s president and CEO, Rich Cawthorne, and its CFO, Mark Salamone, will join Hub New England. ....

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