Hub International Limited (Hub), a leading global insurance brokerage, has acquired the assets of Peak Financial Group, LLC (Peak Financial Group) in Houston, Texas. Terms of the transaction were not disclosed.
Peak Financial Group is an independent firm specializing in retirement plan services, providing retirement plan design assistance and comprehensive employee education programs to businesses of all sizes to help them develop a road map to save toward their future goal of financial independence. Peak Financial Group has more than 60 years of collective experience in the financial services industry and over US $1 billion in retirement assets serviced as of February 2019.
“Retirement preparedness is a growing issue, and it’s important for clients to address it now to help improve the financial futures of the next generation,” said David Reich, Hub’s National President of Retirement Services, Hub International Investment Services. “Peak Financial Group is a great addition to Hub’s retirement planning practice as we continue to build our service to help clients.”
In recent months, Hub has strengthened its retirement planning services and benefits with the addition of talent and resources to develop a more comprehensive solution for its clients. Hub plans to continue to grow its retirement planning services offerings and seek additional capabilities and talent. Hub’s team of retirement plan fiduciary advisors provides ongoing guidance on retirement plan structure and management to help ensure it meets regulatory compliance guidelines and the interests of employees.
Janine Moore and Darrell Ellisor of Peak Financial Group will join Hub Texas as Senior Vice Presidents, reporting to David Reich, Hub’s National President of Retirement Services, Hub International Investment Services, and Randy Martell, Senior Vice President, Employee Benefits of Hub Texas.
Source: Company Press Release