On June 9, 2025, Hub International announced its acquisition of Veripax Wealth Management’s assets.
Hub International (“Hub”), announced, on June 9, 2025, its acquisition of Veripax Wealth Management’s assets (“Veripax”). Under the terms of the transaction, the Veripax team will join Hub. Further terms of the transaction were not disclosed.
Hub, based in Chicago, is a global insurance broker providing risk management, insurance, employee benefits, retirement and wealth management products and services to families and individuals. Hub’s Retirement and Private Wealth Practice has approximately $178 billion in assets under advisement.
Veripax, based in Folsom, California, is a registered investment advisor delivering comprehensive financial planning, investment management, and small business retirement financial planning services. As of April 2025, Veripax had approximately $342.9 million in assets under management.
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