Hub International, a Chicago-based global insurance brokerage and financial services firm, has acquired the assets of Bridgecreek Investment Management, a Tulsa, Oklahoma-based firm managing $1 billion.
Terms of the transaction were not disclosed.
Bridgecreek co-founders Chuck Fuller and Brian Carney, who serve as the firm’s CEO and chief investment officer, respectively, will join Hub Mid-America along with their team.
"Chuck, Brian and the Bridgecreek team bring a focus on wealth management that is a critical component as we grow and focus on providing enhanced capabilities around portfolio management," Joe DeNoyior, president of Hub Retirement and Private Wealth, said in a statement.
Hub’s recent acquisitions include Northern California-based Quintes Financial Services and Quintes Administrative and Insurance Services Inc. in October; the assets of Direct Advisors, a Latham, New York-based benefit plan consulting firm and third-party administrator, in September; a $2.3 billion RIA, WealthPlan Advisors in Scottsdale, Arizona, in August; and CSi Advisory Services, an Indianapolis-based retirement plan consulting firm managing $1.1 billion, in June.
Integrated Partners is adding a mother-son tandem to its network in Missouri as Kestra onboards a father-son advisor duo from UBS.
Futures indicate stocks will build on Tuesday's rally.
Cost of living still tops concerns about negative impacts on personal finances
Financial advisors remain vital allies even as DIY investing grows
A trade deal would mean significant cut in tariffs but 'it wont be zero'.
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.
