Hub International Enhances Financial Solutions with Veripax Deal
Hub International Expands Wealth Management Services
Hub International Limited (Hub), a prominent global insurance brokerage and financial services firm, has recently announced a strategic acquisition. The firm has successfully acquired the assets of Veripax Wealth Management, Inc. (VWM). The details surrounding the transaction have not been disclosed, but this move is set to broaden Hub's offerings in the realm of wealth management.
Introducing Veripax Wealth Management
Veripax Wealth Management is recognized for its independent and fee-based financial planning services. With a strong focus on risk-oriented wealth management and retirement income planning, VWM has made a name for itself in the industry. Their team, known for its dedication to client service, brings invaluable expertise to the Hub family.
A Commitment to Expanding Services
Darren Caesar, CEO of Hub Central & Northern California, shared his enthusiasm regarding this acquisition, stating, "We're excited the VWM team is joining Hub. This further enables us to expand our retirement and wealth management services, demonstrating our commitment to long-term financial solutions for our clients."
Bringing Together Expertise
Key members of the VWM team, including owner Jerry Verseput and advisor Brian Wells, will transition to Hub CNC. Their extensive planning experience and client-first approach are perfectly in line with Hub's operational ethos. Joe DeNoyior, President of Hub Retirement and Private Wealth, emphasized, "The VWM team enhances our ability to deliver integrated retirement and wealth strategies that empower individuals and families toward achieving their financial ambitions with confidence."
Strengthening Hub's Comprehensive Financial Advice
This acquisition reinforces Hub's commitment to advancing its Retirement & Private Wealth practices. By integrating services and developing more comprehensive financial advice, Hub aims to create tailored strategies that seamlessly align business objectives with personal financial goals. Hub RPW focuses on supporting both retirement plan sponsors and wealth management, navigating fiduciary risks while serving diverse client needs.
Hub's Growth Through Mergers and Acquisitions
Hub International is dedicated to growing organically as well as through acquisitions. This strategic approach allows them to expand their geographic footprint and enhance their industry-specific expertise. As they broaden their service offerings, they remain committed to delivering tailored financial strategies that meet client expectations.
About Hub International
Headquartered in Chicago, Illinois, Hub International Limited stands as a leading full-service global insurance broker and financial services firm. The company provides a range of products including risk management, insurance, employee benefits, retirement, and wealth management solutions. With over 19,000 employees across North America, Hub’s network brings clarity to financial complexities through customized solutions and dedicated advocacy for client success.
Contact Information
Media inquiries can be directed to Jessica Wiltse at 312-596-7573. For inquiries related to mergers and acquisitions, please contact Clark Wormer at 312-279-4848.
Frequently Asked Questions
What is Hub International's recent acquisition?
Hub International has acquired Veripax Wealth Management, Inc. to expand its wealth management services.
What services does Veripax offer?
Veripax specializes in fee-based financial planning, risk-focused wealth management, and retirement income planning.
How does this acquisition benefit Hub's clients?
This acquisition enhances Hub's ability to deliver integrated retirement and wealth strategies, empowering clients to meet their financial goals.
Who are the key members joining Hub from Veripax?
Owner Jerry Verseput and advisor Brian Wells, along with their team, will be transitioning to Hub's operations.
What is Hub International known for?
Hub International is a leading full-service global insurance broker known for its risk management, insurance, and financial services.
About The Author
Contact Hannah Lewis privately here. Or send an email with ATTN: Hannah Lewis as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.
