Hub International Investment Services, a subsidiary of Hub International Limited (Hub), has acquired the retirement plan consulting and financial services business of Felix Jones (Jones Retirement).
Terms of the transaction were not disclosed. Located in Tulsa, Oklahoma, Jones Retirement specializes in long-term investment solutions focused on qualified plans, which adds to Hub’s foundation and expands the firm’s capabilities in the retirement plan space.
Felix Jones will join Hub Mid-America as Director of Retirement Plan Services, reporting to Stuart DeSelms, President of Hub Mid-America.
Hub retirement services president David Reich said: “Felix possesses the right skill set and is a strong cultural fit to partner with our risk and benefits offices. Felix checks all the boxes for leading our retirement efforts in Tulsa.”
DeSelms said: “We’ve known Felix for years, and as we further enhance our retirement services in Hub Mid-America, his rich experience and best-in-class client service skills complements our already significant capabilities in this area.”
Jones said: “Moving to Hub is going to help me take my business to the next level. I like what they are building and that they value my approach and capabilities. I look forward to working alongside Stuart and the Retirement Services team.”
Source: Company Press Release