HUB International Ltd. has acquired the assets of Inter-Mountain Retirement Partners Inc. Terms of the transaction were not disclosed.
Based in Denver and with a second office in Salt Lake City, Utah, MRP provides investment and retirement plan consulting services to corporations, governmental and nonprofit organizations. It also serves individual investment clients throughout the region and nationally. MRP works with more than 250 organizations and over 50,000 employees and individuals nationwide.
"MRP is dedicated to helping clients implement and manage retirement plans that lead to meaningful retirement outcomes for all employees," Hub Retirement and Private Wealth National President David Reich said in a statement. "Chad and his entire ownership team and all of their incredible employees are a great addition to the Hub family, and they will help us improve our retirement planning and financial wellness capabilities for our clients and those they care about."
MRP President and CEO Chad J. Larsen added: "Joining the Hub Retirement and Private Wealth team will allow us to continue to grow and add valuable services for existing clients that would have been impossible for us to obtain on our own. This is a team that I know well, and we are very excited about continuing to drive positive changes in the industry."
Larsen will join Hub Colorado, working with Reich and collaborating heavily with Tim Blanchard, president of Hub Colorado.