Hub International Expands Retirement and Wealth Management with Prestige Wealth Partners Acquisition
Hub International Expands Retirement and Wealth Management Services with Prestige Wealth Partners Acquisition
On May 8, 2025, Hub International Limited, a global leader in insurance brokerage and financial services, declared its acquisition of Prestige Wealth Partners, located in Fort Lauderdale, Florida. This strategic move aims to bolster Hub’s retirement plan consulting and wealth management services, aligning the firm’s goals with the evolving needs of its clients.
About Prestige Wealth Partners
Prestige Wealth Partners, LLC specializes in a wide range of financial services, particularly focusing on retirement planning and wealth management. Founded by seasoned professionals Joseph Koury and Robert Georgiou, the firm is well-regarded for its personalized approach in guiding clients through the complexities of financial planning. The acquisition integrates their expertise seamlessly into Hub's operations.
Strengthening Financial Services
With this acquisition, Hub International not only enhances its offerings but also amplifies its mission to provide comprehensive financial advice tailored to clients' unique circumstances. Joe DeNoyior, the President of Hub’s Retirement and Private Wealth division, emphasized the importance of this acquisition:
“The team at Prestige Wealth Partners brings deep expertise and a personal approach to helping clients navigate the unique challenges and opportunities of wealth management and retirement plan consulting.”
This reflects Hub's commitment to fostering financial confidence among individuals, families, and businesses alike. The integration of Koury and Georgiou’s team into Hub South Florida is expected to enhance the services provided, helping clients make informed decisions about their financial futures.
Industry Impact
Hub RPW's strategic focus is on serving both retirement plan sponsors and individuals, creating a harmonious balance between business and personal financial goals. The firm has more than $178 billion in assets under advisement through its registered investment advisory affiliates. This reflects a solid foundation and a strong pipeline for continued growth and client satisfaction.
The acquisition complements Hub's broader strategy of growth and expansion through both organic avenues and targeted acquisitions. Such initiatives are essential as the financial landscape continues to evolve, demanding innovative solutions and heightened fiduciary awareness among advisors.
About Hub International
Headquartered in the bustling city of Chicago, Hub International is recognized as a full-service global insurance broker, offering a broad spectrum of services including risk management, employee benefits, and retirement solutions. With a workforce exceeding 19,000 across North America, Hub places a premium on providing tailored solutions and unwavering advocacy, preparing clients for future uncertainties.
For more details about Hub's acquisitions and its impact on the market, interested parties are encouraged to visit WeAreHub.com.
Conclusion
The acquisition of Prestige Wealth Partners marks a significant milestone in Hub International's journey of enhancing its retirement and wealth management services. By integrating expertise with a personalized approach, Hub International is better positioned to serve its clients, ensuring they receive optimal support in navigating their financial futures.
Topics Financial Services & Investing）
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