Insurance brokerage and financial services firm Hub International has acquired the assets of Golden Green (doing business as Golden Corner Wealth Advisors).

The financial terms of the deal were not disclosed.

Based in Seneca, South Carolina, Golden Corner Wealth Advisors is a financial advisory firm that specialises in wealth management and retirement.

The wealth management advisory firm provides tailored services and educates customers on financial concepts and products including in the areas of financial planning, investment, and insurance.

Golden Corner Wealth Advisors’ founder Jim Charbonneau and his team will join Hub Carolinas.

Hub Carolinas president and CEO Tommy Suggs said: “We are excited to welcome the Golden Corner team to Hub Carolinas and look forward to further expanding our retirement consulting services in the region.”

Through the acquisition, Hub International aims to bolster its retirement and private wealth (RPW) practice and services to create more extensive strategies for customers.

HUB RPW works to help plan sponsors develop an offering that is in line with their business strategy. It also helps in managing fiduciary risk and supports employees pursue their financial objectives.

According to Hub International, the registered investment advisory affiliates in HUB RPW deliver investment advisory services to customers whose total assets are about $148bn.

Hub RPW president Joe DeNoyior said: “The Golden Corner team’s focus and expertise in financial planning will help us further support our clients and grow our portfolio management capabilities.”

Last month, Hub International acquired the assets of E-Insure Services to bolster its in-house capabilities to improve seamless omni-channel experience for the personal insurance brokerage platform VIU by HUB (VIU).