Hub International Acquires The Assets Of Oklahoma-Based Jones Retirement Plan Advisors

News provided by

Oct 16, 2018, 08:00 ET

CHICAGO, Oct. 16, 2018 /PRNewswire/ -- Hub International Investment Services Inc., member FINRA/SIPC, and a subsidiary of Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired the retirement plan consulting and financial services business of Felix Jones (Jones Retirement). Terms of the transaction were not disclosed.

Located in Tulsa, Oklahoma, Jones Retirement specializes in long-term investment solutions focused on qualified plans, which adds to Hub's foundation and expands the firm's capabilities in the retirement plan space. Felix Jones will join Hub Mid-America as Director of Retirement Plan Services, reporting to Stuart DeSelms, President of Hub Mid-America.

"Felix possesses the right skill set and is a strong cultural fit to partner with our risk and benefits offices," said David Reich, Hub's President of Retirement Services. "Felix checks all the boxes for leading our retirement efforts in Tulsa."

"We've known Felix for years, and as we further enhance our retirement services in Hub Mid-America, his rich experience and best-in-class client service skills complements our already significant capabilities in this area," said DeSelms.

"Moving to Hub is going to help me take my business to the next level," said Jones. "I like what they are building and that they value my approach and capabilities. I look forward to working alongside Stuart and the Retirement Services team."

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 (Hub) is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. From offices located throughout North America, Hub's vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions. For more information, please visit hubinternational.com.

Securities and Advisory Services offered through Securities America, member FINRA/SIPC. Insurance Services offered through Hub International. Hub International and Securities America are not affiliated.

CONTACT:
Media: Marni Gordon
Phone: 312-279-4601
[email protected]
M&A: Clark Wormer
Phone: 312.279.4848
[email protected]

SOURCE Hub International Limited