Hub International Acquires Assets of Franklin Financial Group (MD)
November 3, 2023
Hub International Limited has acquired the assets of Franklin Financial Group, LLC and Franklin Investment Group, LLC, expanding Hub’s employee benefits, retirement and wealth management presence in the Baltimore/Hunt Valley, Maryland area. The Franklin principals and team will join Hub Mid-Atlantic; terms were not disclosed and MarshBerry served as financial advisor to Franklin Financial Group.
- Buyers
- Hub International Limited
- Targets
- Franklin Financial Group, LLC, Franklin Investment Group, LLC
- Sellers
- Franklin Financial Group, LLC, William Franklin, Haswell Franklin Jr., James Franklin, Henry Franklin
- Industry
- Wealth Management
- Location
- Maryland, United States
- Transaction Type
- Divestiture
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