NU Online News Service, Nov. 8, 9:20 a.m. – Hub International Limited, an insurance brokerage in Chicago, says that it has signed a letter of intent to acquire Sun Life Financial Advisory Services Inc., a Canadian mutual fund dealer and a subsidiary of Sun Life Financial Services of Canada Inc., Toronto.
Hub says it will merge the unit’s operations with Hub Capital Inc., its existing mutual fund dealer in Canada. Hub Capital operates in tandem with Hub Financial Inc., Hub Internationals’ Canadian life and financial services operation.