Hub International Ltd. has acquired the assets of EPIC Retirement Services Consulting LLC. Terms of the transaction were not disclosed.
New York-based EPIC is an independent investment consulting firm specializing in 401(k), 403(b) and pension plans. EPIC has been offering customized retirement plan solutions and services to plan sponsors, as well as employee education to plan participants since its inception in 1999. EPIC and its co-founder, Eva Kalivas have received numerous awards for their work.
"We're excited to have Eva and her team join the Hub family," said Hub Retirement and Private Wealth National President David Reich said in a staement. "Eva's dedication to her clients is a great match for Hub, and we particularly like how EPIC measures their success by measuring their client's, and their participant's success. We look forward to this partnership and value EPIC's expertise in the Retirement Plan industry."
Kalivas added: "Hub's commitment to the retirement plan arena will provide support and resources to EPIC that will enhance the client and participant experience. In addition, new plan advising and financial wellness tools and technology will help propel us forward even further as leaders in the Retirement Plan industry."
The entire EPIC team will be joining Hub. Kalivas will join Hub Northeast, working with Reich and collaborating heavily with Paul Collins, president and CEO of Hub Northeast.