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 Fiducia Group. Terms of the transaction were not disclosed.
Based in Pittsburgh, Pennsylvania, Fiducia Group provides 401(k) & retirement plan consulting services to the corporate, Taft-Hartley, public and non-profit sectors. They help employers navigate the complexities of workplace retirement plans with strong fiduciary support and investment advisory services that improve outcomes for retirement plan participants. Fiducia Group manages more than $2.3 billion in assets.
“We are thrilled to welcome the Fiducia Group team to Hub,” said Joe DeNoyior, President of Hub Retirement and Private Wealth. “They bring extensive experience to our national practice and as thought leaders in the industry, they are advocates for a strong private retirement system to help American workers.”
Charley Kennedy, Managing Principal, and James Bartoszewicz, Chief Compliance Officer and Principal, and the Fiducia Group team will join Hub HDH in Pittsburgh.
Hub RPW works to help plan sponsors create an offering that aligns with their business strategy, navigates fiduciary risk and helps employees pursue their financial goals. The several registered investment advisory affiliates in Hub RPW provide investment advisory services to clients whose total assets are approximately $105 billion.
Source: Hub International Limited
“Some of the statements in this third party article may be forward-looking statements and perhaps even inaccurate statements. AgencyEquity or Strategic Agencies LLC does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated status of such statements. Therefore, in no case whatsoever will AgencyEquity or Strategic Agencies LLC be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.”
