Hub International expands financial services with acquisition of Bob Gottschling’s business
In a significant move to expand its financial planning services, Hub International Limited (Hub), a renowned global insurance brokerage and financial services firm, has recently acquired the assets of Bob Gottschling’s book of business. While the exact terms of the transaction remain undisclosed, this acquisition marks a notable development in the company’s strategy.
Based in Vienna, Virginia, Bob Gottschling is recognized for his extensive experience in advanced personal retirement, investment, and estate planning strategies. His expertise also encompasses developing both qualified and non-qualified retirement plans for businesses.
“We are super excited to have Bob join us in the Mid-Atlantic region with his extensive background in comprehensive financial planning,” said Joe DeNoyior, President of Hub Retirement and Private Wealth. This enthusiasm underscores the strategic importance of Gottschling’s addition to the team.
Hub International enhances retirement and investment planning services through acquisition of Bob Gottschling’s business
The acquisition further solidifies Hub’s Retirement and Private Wealth (RPW) practice, enhancing its capabilities to develop more comprehensive strategies for its clients. Hub RPW is dedicated to assisting plan sponsors in aligning their offerings with business strategies, managing fiduciary risks, and supporting employees in achieving their financial goals. The RPW’s registered investment advisory affiliates manage client assets totaling approximately $148 billion, reflecting the scale and impact of Hub’s financial services.
The integration of Gottschling’s business into Hub’s portfolio is expected to bring additional depth and breadth to the firm’s service offerings. This move is part of Hub’s ongoing efforts to strengthen its position in the competitive financial services market, focusing on comprehensive financial planning and wealth management.
As Hub International Limited continues to expand its footprint in the financial services sector, this acquisition is a clear indication of the company’s commitment to providing high-quality, tailored financial solutions to its clients.