Choice Financial Acquires Hackmeier Agency in South Florida

Virginia-based Choice Financial Group has acquired Jeff D. Hackmeier and Associates, a south Florida insurance agency catering to high net-worth clients.

Hackmeier, based in Bay Harbor Islands, near Miami, has been in business since 1978, the companies said in a news release. It provides employee benefits, life, disability, long-term care and health insurance products.

The acquisition is Choice Financial’s eighth this year and expands the firm’s presence on the East Coast. Insurance industry veteran Bob Hilb is CEO of Choice.