Building on its retirement and wealth advisory services, HUB International Limited (Hub) announced that it has acquired the assets of Scottsdale-based WealthPlan Advisors.
As an independent investment advisor providing retirement plan and investment consulting, WealthPlan Advisors has nearly 600 clients with assets of more than $2.3 billion as of March 2022. The WealthPlan Advisors team will join the Hub Southwest region.
“Expanding our retirement and wealth advisory services in our region is of critical importance as we continue to add value for our clients and as their needs continue to grow,” stated Randy Perkins, President of Hub Southwest. “We are excited to welcome the whole WealthPlan Advisors team and clients to Hub,” added Joe DeNoyior, President of Hub Retirement and Wealth Management. “WealthPlan Advisors will be a tremendous asset to our clients and will allow us to continue expanding our retirement and wealth planning services in the Southwest and across the U.S.”
Prior to this latest acquisition, the several registered investment advisory affiliates in Hub RPW provide investment advisory services to clients whose total assets are approximately $142 billion.
The terms of the transaction were not disclosed. WealthPlan Advisors was represented by the Wise Rhino Group in the transaction.
