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 WealthPlan Advisors, LLC (WealthPlan Advisors). Terms of the transaction were not disclosed.
Headquartered in Scottsdale, Arizona, WealthPlan Advisors is 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.
“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,” said Randy Perkins, President of Hub Southwest.
“We are excited to welcome the whole WealthPlan Advisors team and clients to Hub,” said 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.”
The WealthPlan Advisors team will join the Hub Southwest region.
“Joining Hub is an exciting new chapter for our firm,” said Scott Schlappi, President of WealthPlan Advisors. “Hub continues to grow in the retirement and wealth planning space, and the amount of talent, resources and tools they have is a win for us and will greatly benefit our clients.”
WealthPlan Advisors was represented by Wise Rhino Group for the transaction.
Source: Hub International
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