Hub International Ltd. has acquired the assets of New York-based JW Retirement Group.
The Chicago-based company is buying the brokerage services and investment advisory book of business from William Peragine III, AIF® and John Biondo CRPS, who did business as JW Retirement Group. Terms of the transaction were not disclosed.
"Both Bill and John's depth of knowledge and the loyalty they have been able to foster with their clients will make them great additions to the Hub family," Hub Retirement and Private Wealth National President David Reich said in a statement.
Peragine and Biondo will join Hub Northeast, working with Reich and collaborating heavily with Paul Collins, president and CEO of Hub Northeast.
This move is expected to continue to strengthen Hub's retirement and investment planning services with the addition of talent and resources to develop more comprehensive solutions for clients.