Hub International Limited has announced the acquisition of Perennial Pension & Wealth, the latest in a string of acquisitions for the global insurance brokerage firm.
Perennial Pension & Wealth is an independent financial services company in New York that provides pension, retirement planning, wealth management services and strategies to both organizations and individuals.
Terms of the transaction were not disclosed.
Bob Krieger, the founder and CEO of Perennial Pension & Wealth, will join Hub Northeast, reporting to David Reich, national president of Hub Retirement and Private Wealth, according to a news release.
Reich, in a prepared statement, said Perennial “is a great addition to our advisory team and will enhance our retirement planning and wealth management services for all types of businesses and individuals.”
This week, Hub acquired the assets of Ft. Washington, Pa.-based WhartonHill Advisors, N.Y.-based EPIC Retirement Services Consulting, Pearl River, N.Y-based StoneStreet Pearl River and Washington Financial Group (WFG), which is headquartered in McLean, Va.
Headquartered in Chicago, Hub International Limited is a full-service global insurance broker with more than 11,000 employees in offices located throughout North America.