Hub International, a global insurance brokerage and financial services firm, has announced that it has acquired the assets of Veripax Wealth Management (VWM). Terms of the transaction were not disclosed.
VWM is an independent, fee-based financial planning and investment advisory firm with offices located in Folsom, Calif. The firm specializes in risk-focused wealth management, retirement income planning and strategic financial planning.
Owner Jerry Verseput, adviser Brian Wells and the VWM team will join Hub CNC.
The move will strengthen Hub’s retirement and private wealth practices and its services while developing more comprehensive financial advice for clients. Hub RPW focuses on both retirement plan sponsors and wealth management to create financial strategies that align business and personal financial objectives and navigate fiduciary risk. The several registered investment advisory affiliates in Hub RPW provide investment advisory services to clients who
