Hub International, a Chicago-based insurance brokerage and financial services firm, has acquired Taylor Advisors, a Louisville, Kentucky-based registered investment advisory firm managing $8.3 billion. Terms of the transaction were not disclosed.
Taylor specializes in financial consulting and investment advisory services for banks and savings and loan associations, and helps financial institutions manage and invest their assets.
"Taylor Advisors will help expand our retirement advisory capabilities and broaden our services to financial institutions," Joe DeNoyior, president of Hub Retirement and Private Wealth, said in a statement.
The company will become part of Hub’s financial institutions practice within its retirement and wealth management area, which manages $105 billion. Taylor’s management and entire team joined Hub.
Canadian stocks are on a roll in 2025 as the country prepares to name a new Prime Minister.
Two C-level leaders reveal the new time-saving tools they've implemented and what advisors are doing with their newly freed-up hours.
The RIA led by Merrill Lynch veteran John Thiel is helping its advisors take part in the growing trend toward fee-based annuities.
Driven by robust transaction activity amid market turbulence and increased focus on billion-dollar plus targets, Echelon Partners expects another all-time high in 2025.
The looming threat of federal funding cuts to state and local governments has lawmakers weighing a levy that was phased out in 1981.
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.