Hub International Acquires Colorado-Based Brokerage
- September 23, 2019
Hub International Acquires The Assets Of Colorado-Based Inter-Mountain Retirement Partners, Inc.
CHICAGO, IL -- HUB International Limited (Hub) announced that it has acquired the assets of Inter-Mountain Retirement Partners, Inc. (MRP). Terms of the transaction were not disclosed.
Based in Denver, Colorado and with a second office in Salt Lake City, Utah, MRP provides investment and retirement plan consulting services to corporations, governmental and nonprofit organizations, as well as, serving individual investment clients throughout the region and nationally. MRP works with more than 250 organizations and over 50,000 employees and individuals nationwide. Chad J. Larsen, President and CEO of MRP, has been recognized as 2018 and 2019 Barron's Top Institutional Consultants, 2018; 2019 Financial Times Top 401 Advisors and 2018-2019 PLANADVISER Top 100 Retirement Plan Advisors*.
Hub continues to strengthen its retirement and investment planning services with the addition of talent and resources to develop more comprehensive solutions for clients. Hub's team of retirement plan advisors provides unbiased guidance and support focused on fiduciary risk management, plan optimization and helping more American workers better prepare for retirement.
"MRP is dedicated to helping clients implement and manage retirement plans that lead to meaningful retirement outcomes for all employees," said David Reich, National President, Hub Retirement and Private Wealth. "Chad and his entire ownership team and all of their incredible employees are a great addition to the Hub family, and they will help us improve our retirement planning and financial wellness capabilities for our clients and those they care about."
"Joining the Hub Retirement and Private Wealth team will allow us to continue to grow and add valuable services for existing clients that would have been impossible for us to obtain on our own," said Mr. Larsen. "This is a team that I know well, and we are very excited about continuing to drive positive changes in the industry."
Mr. Larsen will join Hub Colorado, working with Mr. Reich and collaborating heavily with Tim Blanchard, President of Hub Colorado.