Hub International acquires Perennial Pension and Wealth

Global insurance brokerage Hub International has acquired the assets of Perennial Pension and Wealth, an independent financial services company, for an undisclosed price, as per the latest insurance acquisition news.

Based in New York, Perennial Pension & Wealth offers pension, retirement planning, wealth management services, and consultation to organizations and individuals.

Bob Krieger – founder and CEO of Perennial Pension & Wealth said: “I founded Perennial to address the fundamental retirement planning needs that exist in the workforce, and by joining Dave Reich and the Hub team, I believe we will be able to expand our offering and have a greater positive financial impact on many more lives and families.”

Hub acquires Perennial Pension and Wealth. Image by Free-Photos from Pixabay.

The acquisition is part of Hub’s continued efforts to consolidate its retirement planning and wealth management services through the addition of talent and resources to develop more better solutions for their clients. Hub claims that its team of advisors offer unbiased guidance and support based on helping organizations and clients achieve their goals.

David Reich – National President of Hub Retirement and Private Wealth said: “Perennial Pension & Wealth is committed to understanding the unique needs of their clients, defining their goals and helping them feel more confident about their financial future.

“They are a great addition to our advisory team and will enhance our retirement planning and wealth management services for all types of businesses and individuals. We are excited to have Bob Krieger as a resource to our team.”