Strongpoint Partners and Pension Financial Services Join Forces to Expand Financial Services Reach

In an exciting move that will elevate Strongpoint Partners as a leading financial services platform, the company has announced a new partnership with Pension Financial Services (PFS). Strongpoint Partners is a tech-enabled financial services platform that focuses on third-party administration of retirement plans, recordkeeping, payroll, and HR solutions for SMBs.

The partnership with PFS will expand Strongpoint's reach and expertise throughout the Southeast United States. This collaboration further solidifies Strongpoint's position as the growth partner of choice for TPA founders and leaders looking to build upon their company's legacies. With Shore Capital Partners backing them, Strongpoint combines an integrated software platform for outsourced retirement services with a commitment to service and innovation.

PFS brings the highest caliber actuarial and retirement planning services to more than 800 clients in the Southeast. With this partnership, Strongpoint now administers over 4,000 plans, serves clients in more than 40 states, and manages over $7 billion in total assets. This makes Strongpoint one of the leading, fully U.S.-based TPA firms in the industry.

Earle Garvin, Founder and Principal of PFS, expressed excitement about the partnership, stating, "For over 40 years, our mission at PFS has been to help plan sponsors create brighter futures for their employees. Partnering with Strongpoint allows us to navigate the retirement services industry's ever-evolving landscape while maintaining our commitment to personalized service."

Danny Hest, CEO of Strongpoint, highlighted the shared values of the two companies, stating, "Earle is a well-respected leader within the industry and shares our people-first approach to serving plan sponsors and participants across the small and medium-sized business community. His team at PFS will bring invaluable industry experience and expertise to Strongpoint."

This partnership represents a significant step forward for both Strongpoint Partners and Pension Financial Services. Strongpoint Partners is dedicated to accuracy, compliance, and reducing regulatory risk for its clients. With their local client success teams and network of leading firms, including HowardSimon, Jocelyn Pension Consulting, Retirement Strategies Group (RSG), and Retirement Planners and Administrators (RPA), Strongpoint is well-positioned to make retirement work for everyone.

Pension Financial Services has been providing superior actuarial and retirement planning services since 1982. Their commitment to helping companies design and administer retirement plans that create brighter futures for employees is unwavering.

Shore Capital Partners, the private equity firm backing Strongpoint Partners, specializes in microcap investing. Their strategy is to support management partners in growing faster with less risk through access to capital, operational resources, networking, and development.

This partnership signifies the coming together of industry leaders who share a common goal of providing exceptional financial services to businesses and their employees. Strongpoint Partners and Pension Financial Services are poised to do great things together, and their clients will undoubtedly benefit from the combined expertise and dedication to service.

For more information about Strongpoint Partners, visit www.strongpointpartners.com or email [email protected].

About Strongpoint Partners

Strongpoint Partners is a fast-growing, tech-enabled financial services platform that provides third party retirement administration, recordkeeping, and integrated payroll and HR technology solutions for small-and-medium businesses. With a priority on accuracy, compliance, and reducing regulatory risk for clients, Strongpoint delivers its services through local client success teams. The company combines a passion for service and innovation with the experience and expertise required to make retirement work for everyone.

About Pension Financial Services

Pension Financial Services brings top-tier actuarial and retirement planning services to over 800 clients in the Southeast. Their focus on creating the right retirement plan for each company and providing strong administration services sets them apart. Since their inception, Pension Financial Services has been dedicated to helping companies design and administer retirement plans that create brighter futures for employees.

About Shore Capital Partners

Shore Capital is a private equity firm based in Chicago and Nashville. They invest in microcap companies across various industries, including healthcare, food and beverage, business services, industrial, and real estate. Shore Capital supports management partners in growing their businesses by providing capital, operational resources, networking opportunities, and development support. They have over $6 billion of assets under management and a track record of success in driving value for shareholders.