CHICAGO — HUB International Limited (Hub), a leading full-service global insurance brokerage and financial services firm, announced today that it has acquired the assets of Bridgecreek Investment Management, LLC (Bridgecreek). Terms of the transaction were not disclosed.
Located in Tulsa, Oklahoma, Bridgecreek is an independent, boutique portfolio management firm focused on an exclusive clientele of high-net-worth individuals, families, corporations, and family foundations in Oklahoma, Texas, Kansas and Missouri. Bridgecreek currently manages in excess of $1 billion in assets under management.
“Expanding our wealth advisory services, particularly for private clients, in our region is important as we continue to expand and provide high-value services to clients,” said Travis Biggert, President of Hub Oklahoma and Arkansas region.
Bridgecreek co-founders Chuck Fuller, CEO, and Brian Carney, Chief Investment Officer, and the Bridgecreek team will join Hub Mid-America.
“Chuck, Brian and the Bridgecreek team bring a focus on wealth management that is a critical component as we grow and focus on providing enhanced capabilities around portfolio management,” said Joe DeNoyior, President of Hub Retirement and Private Wealth.
“Hub’s reputation and experience have made this an attractive opportunity as we look to continue to grow,” said Fuller. “We are excited about our future together, and we’re confident that the added resources and scale will create new opportunities for us and provide great value for our clients.”
Source: Hub International Limited
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