Hub International Acquires the Assets of Massachusetts-Based IBG Financial Partners, LLC

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Apr 15, 2021, 08:00 ET

CHICAGO, April 15, 2021 /PRNewswire/ -- HUB International Limited (Hub), a leading full-service global insurance broker, announced today that it has acquired IBG Financial Partners, LLC (IBG). Terms of the transaction were not disclosed.

Located in Foxborough, Massachusetts, IBG is a team of highly skilled retirement plan consultants that provide fiduciary and retirement plan consulting services to plan sponsor clients. They provide advisory support in the areas of investment, plan design and administration, while helping their clients support their employees towards a meaningful retirement. IBG manages approximately $1.6 billion in assets as of Dec 31, 2020.

Peter Vacheron, Principal of IBG, and the IBG team will join Hub Retirement and Private Wealth in New England.

This move continues to strengthen Hub's retirement and wealth management services (Hub RPW) with the addition of talent and resources to develop more comprehensive strategies for clients. Hub RPW works to help plan sponsors create an offering that aligns with their business strategy, navigates fiduciary risk and helps employees pursue their financial goals. The several registered investment advisory affiliates in HUB RPW provide investment advisory services to clients whose total assets are approximately $93 billion.

About Hub Retirement and Private Wealth

Hub Retirement and Private Wealth offers institutional and retirement services to for-profit and not-for-profit organizations and customized private wealth management services to individuals and families. Employees of Hub International offer securities through partner Broker Dealers not affiliated with Hub. Employees of Hub provide advisory services through both affiliated and unaffiliated Registered Investment Advisors (RIA). Global Retirement Partners, LLC, Silverstone Asset Management, LLC, Hub International Investment Advisory Services, Inc., and Sheridan Road Advisors, LLC are wholly owned subsidiaries of Hub International. Learn more about Hub Retirement and Private Wealth.

About Hub's M&A Activities
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise. For more information on the Hub M&A experience, visit WeAreHub.com.

About Hub International
Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker providing risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 13,000 employees in offices located throughout North America, Hub's vast network of specialists brings clarity to a changing world with tailored solutions and unrelenting advocacy, so clients are ready for tomorrow. For more information, please visit www.hubinternational.com.

CONTACT:
Media: Marni Gordon
Phone: 312-279-4601
[email protected]

M&A: Clark Wormer
Phone: 312.279.4848
[email protected]

SOURCE Hub International Limited