Hub International Limited has acquired the assets of Sheridan Road Financial LLC and certain of its affiliates.
Daniel Bryant, Sheridan Road’s founder and CEO, will join Hub Midwest along with Managing Partner Jim O’Shaughnessy. Bryant was named President, National Sales, Retirement & Private Wealth, and O’Shaughnessy assumes the role of President of Retirement and Private Wealth, Central Region.
They will report to David Reich, Hub’s National President of Retirement Services and Neil Hughes, Central Region President, “collaborating heavily” with Lerone Sidberry, President and CEO of Hub Midwest, according to a press release.
Sheridan Road’s advisors will be part of Hub International Investment Services Inc., member FINRA/SIPC, and a subsidiary of Hub. They will also maintain their broker-dealer affiliation with LPL.
Terms of the transaction were not disclosed.
Headquartered in Chicago, with eight additional offices throughout the U.S., Sheridan Road is an institutional investment consulting and private wealth firm offering investment management, retirement plan expertise, fiduciary services, wealth management, financial and retirement services planning and specialized executive benefit services. Sheridan Road manages more than $14 billion in assets and services of more than 300,000 individuals through its retirement plan and wealth management practices.