David Reich, national president of the retirement and private wealth business of insurance brokerage firm Hub International, died from a heart attack, a Hub spokeswoman confirmed in an email. He was 50.
He died while riding a bicycle over the weekend, the spokeswoman said.
Mr. Reich joined Hub in 2017 to expand Hub's retirement and wealth business, executing at least 15 acquisitions, including registered investment adviser firms Sheridan Road Financial and Global Retirement Partners. The acquisitions brought Hub's assets under management to $98 billion and boosted the number of advisers to 300 from 50, the company said in a statement.
"All of us who were blessed to know David will remember a man with boundless energy and a love of life whose quick wit was matched by his deep love for friends and family," the statement said. "Our condolences go out to David's family, and our thoughts and prayers are with them. HUB is lucky to have had such a strong leader and will focus on honoring his memory."
Mr. Reich is survived by his wife and children.
A traditional Jewish graveside burial service was scheduled to be held at 2 p.m. PDT Wednesday at El Camino Memorial Park in San Diego.