Tools & Technology • NAPA Firm Partners
Morningstar Investment Management, LLC
HUB International Chicago, IL • hubinternational.com
Chicago, IL • www.morningstar.com/company/ workplace
Key Contact(s)
Key Contact(s)
Adam Sokolic • 858.255.3909 • adam.sokolic@hubinternational.com Geoff White • 415.475.0224 • geoff.white@hubinternational.com James Owen • 951.779.8654 • james.owen@hubinternational.com
Matt Rafferty • 312.696.6829 • Matt.Rafferty@morningstar.com Adam Dolan • 312.384.3778 • Adam.Dolan@morningstar.com David Fabrisi • 312.696.6375 • David.Fabrisi@morningstar.com
Firm Profile
Firm Profile
In Business Since: 1998 Headquartered in Chicago, Illinois, HUB International Limited advises businesses and individuals on how to reach their goals. HUB offers risk, insurance, employee benefits, retirement and wealth management services. With more than 12,000 employees in offices located through North America, HUB is the fifth largest insurance broker worldwide.* HUB works to bring clarity to a changing world with tailored solutions and unrelenting advocacy. For more information, please visit www.hubinternational.com.
In Business Since: 1999 Morningstar Investment Management LLC is a registered investment adviser and subsidiary of Morningstar, Inc. Our parent company, Morningstar, Inc., was founded on the simple idea that when people have good investment information, they can make better choices that help them achieve their financial goals. Our advocacy for the individual investor extends to the workplace market, where the responsibility for investing and saving for retirement now rests with employees and where we’re committed to helping those employees achieve their financial goals. The products and services we offer range from advice and managed accounts to custom models, target-date products, and fiduciary services.
Product/Service Category Asset Allocation • Advice/Guidance • Consulting/Plan Design • Participant Communications • Other
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Product/Service Description HUB Retirement and Private Wealth is a vast network of advisors that help plan sponsors manage their obligations and provide broad-based benefits while helping plan participants and individual investors understand and pursue their own financial wellness. HUB provides retirement plan consulting based on industry best practices, rooted in a deep understanding of the current regulatory environment and tailored with an understanding of plan sponsor and participant needs. Our commitment, strength and size, as the fifth largest insurance brokerage firm on the globe with a growing retirement and private wealth team and over $90B assets under advisement,* gives us a distinct perspective to serve individual Americans and businesses with a comprehensive offering of services from across HUB’s capabilities. *source: https://bit.ly/36WYatT
Disclosure: Employees of HUB International offer securities through partner Broker Dealers not affiliated with HUB. Employees of HUB provide advisory services through both affiliated and unaffiliated Registered Investment Advisors (RIA). Global Retirement Partners, LLC (GRP), RPA Financial, LLC, Hub International Investment Advisory Services, Inc. (HIIA), and Sheridan Road Advisors, LLC are wholly owned subsidiaries of HUB International.
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Product/Service Category Asset Allocation • Advice/Guidance • Consulting/Plan Design • Software • Other
Product/Service Description Morningstar Investment Management LLC – a registered investment adviser and subsidiary of Morningstar, Inc.— combines its investment expertise with Morningstar Inc.’s data, research, and technology to design innovative services for the retirement market. Our Workplace Solutions group, within Morningstar Investment Management, offers products and services that are not only designed to help people save for the retirement they want, but to help them make their money last once they get there. As of 6/30/2020, 30.7 million participants had access to our services. Morningstar Investment Management has also managed and advised on $194.9 billion in assets since then. Our core products include managed accounts, fiduciary services, and targetdate models – with approximately 60 plan providers, registered investment advisers (“RIAs”), and broker-dealers using our services. As an extension of our core offerings, we recently launched a suite of services for the retirement plan advisor market, including advisor managed accounts and Morningstar® Plan Advantage℠. Advisor managed accounts is designed to integrate with a range of recordkeepers—where RIAs can incorporate their asset allocation and fund-selection capabilities into our managed accounts program. Morningstar Plan Advantage is an online platform designed to help financial professionals onboard new plans, obtain plan provider pricing, and offer investment lineups with our integrated 3(21) or 3(38) fiduciary service. Both advisor managed accounts and Morningstar Plan Advantage include data connectivity with plan providers to help ensure a seamless experience for advisors, their firms, and plan participants.
11/19/20 12:41 PM