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Hub Picks up Assets of Garnett Retirement Group

Hub International Limited announced Jan. 7 that it has acquired the assets of Garnett Retirement Group Inc. The terms of the transaction were not disclosed.

The Garnett Retirement Group manages $220 million in assets and provides business owners, retirement plan trustees, plan participants and high-net-worth individuals with customized qualified and non-qualified retirement savings solutions, and investment advisory and consulting services. Moreover, the Group focuses on niche medical practices in North Carolina and the Southeast United States. 

Blanton Garnett, President and Founder of Garnett Retirement Group, and the entire Garnett Retirement Group team will join Hub Retirement and Private Wealth (Hub RPW) and will report to Tommy Suggs, President and CEO of Hub Carolinas.

Hub notes that the move continues to strengthen its retirement and wealth management services with the addition of talent and resources to develop more comprehensive strategies for clients. Hub RPW, which manages more than $93 billion in assets, helps plan sponsors create offerings that align with their business strategy, navigates fiduciary risk and helps employees pursue their financial goals. 

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