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Summit Blog Admin

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Hub International Acquires the Assets of Summit Financial Corporation

Hub International Limited (Hub), a leading global insurance brokerage, has acquired the assets of Summit Financial Corporation (Summit). Terms of the acquisition were not disclosed.

Headquartered in Burlington, Massachusetts, Summit provides plan design, consulting, actuarial, administration and investment-related services for both qualified and non-qualified employer-sponsored retirement plans, as well as, similar services for employee benefit plans through Commonwealth Financial Network®.

Since the company was founded by Joe Bonasera, President of Summit, and Brian Babcock, Vice President & Chief Operating Officer of Summit, in 1993, the company has grown into one of New England’s premier employee benefits, retirement and financial … Read More