Hub International Investment Services, a subsidiary of Hub International Limited (Hub), has acquired the retirement plan consulting and financial services business of Felix Jones (Jones Retirement).


Image: Hub International acquires Jones Retirement. Photo: Courtesy of rawpixel/Unsplash.

Terms of the transaction were not disclosed. Located in Tulsa, Oklahoma, Jones Retirement specializes in long-term investment solutions focused on qualified plans, which adds to Hub’s foundation and expands the firm’s capabilities in the retirement plan space.

Felix Jones will join Hub Mid-America as Director of Retirement Plan Services, reporting to Stuart DeSelms, President of Hub Mid-America.

Hub retirement services president David Reich said: “Felix possesses the right skill set and is a strong cultural fit to partner with our risk and benefits offices. Felix checks all the boxes for leading our retirement efforts in Tulsa.”

DeSelms said: “We’ve known Felix for years, and as we further enhance our retirement services in Hub Mid-America, his rich experience and best-in-class client service skills complements our already significant capabilities in this area.”

Jones said: “Moving to Hub is going to help me take my business to the next level. I like what they are building and that they value my approach and capabilities. I look forward to working alongside Stuart and the Retirement Services team.”

Source: Company Press Release