Hub International, a Chicago-based insurance broker and wealth manager, has acquired the assets of Plan Sponsor Consultants, an independent retirement plan consulting firm based in Atlanta, Georgia, managing $2.4 billion. Terms of the transaction were not disclosed.
Michael Kane and Lee Applebaum of Plan Sponsor Consultants will join Hub Retirement and Private Wealth.
Last week's layoffs totaled at least 130 Cetera employees, according to a senior industry executive.
Four of the Magnificent Seven will report this week.
Easing anxiety has seen the haven asset slide from record high.
Uncertainty remains challenging for Treasuries traders.
Move will raise concerns of inflationary impact of tariffs.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
