Hub International, a Chicago-based insurance brokerage and financial services firm, has acquired the assets of 401(k) Advisors, a Wilmette, Illinois-based retirement plan consultant advising on $1.3 billion in assets. Terms of the transaction were not disclosed.
Stace Hilbrant, managing director of 401(k) Advisors, will join Hub Midwest West.
The 25-year industry veteran previously in charge of the Wall Street bank's advisor recruitment efforts is now fulfilling a similar role at a rival firm.
Former Northwestern Mutual advisors join firm for independence.
Executives from LPL Financial, Cresset Partners hired for key roles.
Geopolitical tension has been managed well by the markets.
December cut is still a possiblity.
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