Strongpoint Partners announces partnership with retirement planners and



Strongpoint Partners (“Strongpoint” or the “Company”), a technology-enabled financial services platform focused on third-party management of retirement plans, recordkeeping, payroll and HR solutions for small businesses, today announced Retirement Planner and announced a new partnership with Administrator (“RPA”), a leading Retirement Third Party Administrator (TPA) headquartered in Falls Church, Virginia.

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Backed by Shore Capital Partners (“Shore” or “Shore Capital”), a Chicago-based private equity firm that specializes in microcap investments, Strongpoint is developing an integrated software platform for outsourced retirement services and , combines a constant passion for service and innovation. The partnership with RPA follows Strongpoint’s recently announced partnership with Retirement Strategies Group, an independent TPA firm headquartered in New Orleans, which saw outstanding performance and growth in 2022. .

Founded by Hans Banziger in 1969, RPA provides cost-effective, accurate, hassle-free retirement plan compliance management and daily record keeping for open architecture assessments. With the addition of RPA to its family of brands, Strongpoint now manages over 3,200 plans, serves clients in over 35 states, and manages over $6 billion in total assets under management. , making the company one of America’s leading corporations. Industry based TPA company.

RPA Principal Richard Banziger said: “We are proud to solidify our RPA legacy, and it was important to partner with an organization committed to building on that legacy, rather than replacing it. With our early success and the backing of an experienced capital partner like Shore, we have already established an incredibly strong foundation and we are very excited to invest in the future success of our business.”

Strongpoint CEO Danny Hest said: “When building Strongpoint, we recognized the importance of prioritizing client service and identifying and partnering with companies that serve the small business community. , shares our passion for creating unparalleled experiences that our clients and partners trust. We continue to adapt to change, supporting midsize businesses through an ever-evolving regulatory environment.

For more information on Strongpoint Partners, please visit or email

About Strongpoint Partners

Strongpoint Partners is a rapidly growing, technology-enabled financial services platform that provides third-party retirement administration (“TPA”), records management, and integrated payroll and HR technology solutions for small businesses. Strongpoint’s suite of services prioritizes client accuracy, compliance and regulatory risk mitigation delivered by local Client Success teams who understand the nuances of the markets they serve. Drawing on a nationwide network of leading companies such as HowardSimon, Jocelyn Pension Consulting, Retirement Strategies Group (“RSG”), and Retirement Planners and Administrators (“RPA”), Strongpoint Partners has a relentless passion for service and innovation. , the experience and expertise necessary for everyone to retire. For more information, please visit

About retirement planners and managers

Since its inception in 1969, RPA has proudly served the employee benefits market. It has led a customer-centric approach, simplified service complexity and made retirement accessible to traditionally underserved segments of the small business community. Located in Falls Church, Virginia, RPA is focused on working with clients in the continental United States and serving his DMV community in the region. For more than 50 years, navigating the introduction of defined contribution plans such as 401(k) solutions, as well as near-constant regulatory change, RPA has become a community resource that ensures everyone has a financial plan for the future. Partner. Visit to learn more about how you can maximize the benefits of your retirement strategy while keeping your clients compliant.

About Shore Capital Partners

Shore Capital Partners is a Chicago-based, Nashville-based private equity firm focused on microcap investments in the healthcare, food and beverage, business services, and real estate industries. Shore supports its operating partners with capital, business development expertise and industry knowledge to accelerate growth, finance acquisitions and create value for shareholders. Shore seeks to invest in proven, successful privately held companies with strong management teams, stable cash flow and significant growth potential, including organic and industry consolidation growth. Shore has approximately $3 billion in cumulative capital commitments through various investment vehicles. For more information, please visit

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Contact: Shore Capital Partners

Alison Dole, Edelman Smithfield

Keywords: Illinois United States North America

Industry Keywords: Accounting Wealth Management Professional Services Finance

Source: Strongpoint Partners

Copyright Business Wire 2023.

Published: May 3, 2023 11:00 AM / Disc: May 3, 2023 11:01 AM

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