HUB International Limited has made another acquisition, this time purchasing the assets of Tennessee-based Aegis Retirement Group, LLC.
Located in Memphis, Aegis provides retirement plan consulting, compliance and regulatory guidance, as well as wealth management services. Walter Grant, Founder and President of Aegis Retirement Group, will join Hub Retirement and Private Wealth in Hub Mid-South.
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, according to the firm’s announcement. 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 $105 billion.
Terms of the transaction were not disclosed. The deal follows Hub’s acquisitions of Benefit Strategies Agency and Financial Strategies Agency in March, IBG Financial Partners and Plan Sponsor Consultants in April, and Epstein Financial Group in June.
