Hub buys $2.3 billion 401(k) consultant Fiducia Group
The insurance brokerage has been focused on expanding its presence in the retirement market, making numerous acquisitions and adding a service aimed at small businesses in March.
Insurance brokerage Hub International Ltd. has snapped up 15 retirement plan firms this year, further pushing into a market it first entered in 2019.
The Chicago-based company today announced that it has bought the assets of Pittsburgh-based Fiducia Group, which manages about $2.3 billion among i
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