• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Contact Us
  • Sponsor An Email
  • Post A Job
  • Merger & Acquisition Services

Agency Checklists

Massachusetts Insurance News & Job Opportunities

You are here: Home / Insurance News | Massachusetts / Insurance Agencies | Mergers & Acquisitions / Hub New England Welcomes Epstein Financial Services LLC

Hub New England Welcomes Epstein Financial Services LLC

June 7, 2021 by AC Editor

This is the second Massachusetts acquisition for Hub’s Retirement and Private Wealth division so far this year

Hub New England’s Retirement and Private Wealth grew again this month with another acquisition in Massachusetts. On June 2, 2021, the insurance broker announced its acquisition of Epstein Financial Services LLC and Epstein Financial Group LLC. (Epstein Financial)’s assets.

Based in East Longmeadow, Massachusetts, Epstein Financial is an independent Registered Investment Advisor (RIA) with extensive experience in corporate retirement plan consulting, compliance and regulatory guidance, in addition to wealth management services. According to the terms of the transaction, upon completion of the sale, Charlie Epstein, Principal and Founder of Epstein Financial, will join the Hub Retirement and Private Wealth Group’s location in New England. No further terms of the transaction were disclosed.

“We are excited to deepen our current capabilities with the exceptional marketing and sales expertise of Charlie and his team,” said Timm Marini, Hub President of Western New England.

Hub NE’s growing Retirement and Private Wealth presence in Massachusetts

This latest acquisition continues Hub New England’s expansion of its retirement and wealth management services (Hub RPW). Its acquisition of Epstein Financial represents the third Massachusetts agency acquisition in this marketplace since January 2021. Overall, the RPW division provides advisory services through both affiliated and unaffiliated Registered Investment Advisors (RIA) including its wholly-owned subsidiaries Global Retirement Partners, LLC, Silverstone Asset Management, LLC, Hub International Investment Advisory Services, Inc., and Sheridan Road Advisors, LLC. In total Hub’s RPW represents clients whose total assets are approximately $105 billion.

Hub New England continues to grow its geographic footprint throughout New England

With the addition of Epstein Financial, Hub continues to grow its presence throughout New England. As one of the largest insurance brokers in the region, this latest addition marks the brokerage firm’s fourth agency acquisition in New England so far in 2021. The following is a list of other agencies that Hub New England has acquired recently and that have been covered by Agency Checklists:

  • Hub New England Acquires CT’s Ion Insurance Corporation (May 11, 2021)
  • Hub Acquires Massachusetts-Based IBG Financial Partners, LLC (April 23, 2021)
  • Hub NE Expands In Vermont With Finn & Stone, Inc. Acquisition (March 9, 2021)
  • Hub Acquires The Alpha Pension Group (January 26, 2021) 
  • Hub Acquires Its Second Massachusetts Agency In 2020 -Baystate Fiduciary Advisors, Inc. (November 17, 2020)
  • Hub Acquires Massachusetts-Based Lashua-LaChance & Poliks Insurance Agency, Inc. (May 19, 2020)
  • HUB New England Acquires The Insurance Center of New England (August 6, 2019)
  • Dadgar Insurance Acquired By Hub (December 18, 2018)
  • HUB New England Announces Two More Acquisitions In Massachusetts (March 13, 2018)
  • Hub Acquires FieldEddy (October 2014)

More about Hub International and Hub New England

Agency Checklists, MA Insurance Jobs, Hub International, MA Insurance News, Mass. Insurance News, MA Insurance Jobs

Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. With more than 11,000 employees in offices located throughout North America, Hub’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions.

Since joining HUB in 2000, HUB New England has acquired the strongest partners in the region to expand its programs, specialties and capabilities. The company traces its roots back to some of the most well-known and reputable insurance agencies in the area that operate today as HUB New England. Our business model allows our clients to receive the many benefits of a national network at a local level.

Print Friendly, PDF & Email

Filed Under: Insurance Agencies | Mergers & Acquisitions, Latest News Tagged With: Agency Checklists, Insurance Agency Acquisitions Massachusetts, massachusetts insurance news, Massagent agency sales, New England Insurance News

Primary Sidebar

Sponsored

Sponsored

MA Division of Insurance Announcements

Latest Agency Sales

2022 Was An Up & Down Year For Agency Mergers & Acquisitions

2022 Was An Up & Down Year For Agency Mergers & Acquisitions

Insurance Agency Mergers & Acquisitions In Massachusetts | Q4-2022

More Agency Sales

Career News

The Hanover Appoints Kate B. Williams to President of E&S

The Hanover Appoints Kate B. Williams to President of E&S

Hi Marley Welcomes Naved Siddique as SVP, Strategy and Solutions

Hi Marley Welcomes Naved Siddique as SVP Strategy and Solutions

New Hampshire Insurance Department Staff Members Appointed to NAIC Standing Committees

Michael Percy Appointed To Concord Group Board of Directors

Michael Percy Appointed To Concord Group Board of Directors

Layoffs At Two Boston-Based Insurtechs

Layoffs At Two Boston-Based Insurtechs

Massachusetts insurance news, MA Insurance News, Mass. Commissioner of Insurance Gary Anderson, NAIC 2019 Appointments

NAIC Names Its 2023 Committee Leadership

The Hartford Names Hank Dominioni Head Of Northeast Division Sales And Underwriting For Middle And Large Commercial

The Hartford Names Hank Dominioni Head Of Northeast Division Sales And Underwriting For Middle And Large Commercial

Plymouth Rock Appoints Rachel Switchenko as Vice President of Customer Solutions

Boston Insurance Brokerage LLC Announces Promotion of Cara MacDonald to VP of Workers’ Compensation

Boston-based Risk Strategies

Risk Strategies Names Doran Lamond as Commercial Lines Leader, New England Region

View More Career News

In Memoriam

In Memoriam: Nancy L. Perocchi, 1937-2022

In Memoriam: Peter J. Nobile, Jr., 1931-2022

In Memoriam: Nancy Jane A. Vajcovec, 1947-2022 | Agency Checklists

In Memoriam: Nancy Jane A. Vajcovec, 1947-2022

CAR News

Outgoing Gov Baker Signs Catalytic Converter Bill on Way Out

Road Safety Analysts Put Mass. In “Danger” Zone

Final Look 2022: The Massachusetts Private Passenger Auto Insurance Marketplace

View More CAR News

Massachusetts Law Updates

Appeals Court Reins in Superior Court’s Expansion of Risk Management

Court Limits Indemnity Agreements Interpretation and Reverses $237K Legal Fee Award

Insured’s $2 Million Claim For Loss Prevention Costs Scuttled By The Supreme Judicial Court

A look at the Supreme Judicial Court of Massachusetts’ ruling on Ken’s Foods’ common law reimbursement claim.

An Insured’s Underpayment of Loss Lawsuit Over Brookline Building Backfires

The Appeals Court recently affirmed a decision in Anwar Faisal et al. v. United National Insurance Company that reminds one of the saying, “Be careful what you ask for. You may get it.” In this case, the insured sued to get more money on a property damage claim, asking the court to rule on his […]

Failed Foray Into Massachusetts Ends In A Lawsuit For New York Agency Over Its Producer’s Understanding of Salary v. Draw

A case in point about what can go wrong when an agency, its officers, and a producer being onboarded, come to loggerheads and litigation ensues.

More Mass. Law Updates

DOI News

Massachusetts Remains The 14th Largest Insurance Marketplace As Ranked By Total Premium Volume

Facts & Figures For New England Insurance Departments & Insurance Producers | 2023

Massachusetts Insurance Commissioner Honored for Exceptional Leadership

DOI: Insurance Companies Must Renew MA Appointments by October 14th

View More DOI News

Insurance Fraud

Walmart Will Pay $500k For Its Failure To Follow Workers’ Comp. Prescription Pricing Procedures

Former Insurance Adjuster Indicted in Connection with Stealing Identities of Four Victims of Merrimack Valley Gas Explosions

Phony Pumpkin Assault Claim Gets 3 Years For Insurance Fraud

Edgartown Masonry Company Owner Indicted for Workers’ Compensation Fraud

More Insurance Fraud News

Footer

Agency Checklists

Contact us

14 Summer Street
Suite 102
Malden, MA 02148
617-598-3800

Advertise on Agency Checklists

We offer a variety of ways to get help promote your company or product.

Announcements
Email Sponsorships
Partnerships
Custom Collaborations

*Affiliate Disclosure

Please note that any of Agency Checklists’ articles might contain one or more affiliate links. This means that any subsequent purchase resulting from these links may result in a commission for us, but at no additional cost to you. For example, as an Amazon Associate, Agency Checklists earns a commission from all qualifying purchases. By working with affiliates we can continue to keep Agency Checklists subscription free. Thank you for your support.

SEARCH OUR SITE

Explore Our Archives

Copyright © 2023 · Agency Checklists · All rights reserved.

 

Loading Comments...