Strongpoint Partners Provides Business Updates for Q1 2023

Strongpoint Partners  a tech-enabled financial services platform focused on third-party administration of retirement plans, recordkeeping, payroll and HR solutions for SMBs, today announced several updates from companies under its umbrella of brands in the first quarter of 2023. Backed by Shore Capital Partners (“Shore” or “Shore Capital”), a Chicago-based private equity firm focused on microcap investing, Strongpoint combines an integrated software platform for outsourced retirement services alongside a relentless passion for service and innovation.

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“Utilizing Salesforce enables our team to seamlessly integrate payroll, HR and retirement administration services, which increases accuracy and prepares us for a future of auto-enrollment, auto-increases and increased regulatory compliance as the Secure Act 2.0 regulatory framework goes into effect”

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“Following last year’s transformational growth, we are focused on expanding and investing in our partners, products and services throughout 2023,” said Danny Hest, Chief Executive Officer of Strongpoint. “We are committed to ensuring that we continue to provide the highest quality retirement, payroll, and human experience management services for our growing customer base, while pursuing a relentless passion for innovation.”

Strongpoint Partners is pleased to share the following updates for Retirement Strategies Group, Jocelyn Pension Consulting and HowardSimon.

Retirement Strategies Group

Retirement Strategies Group (RSG) has been recognized as a Top-Tier third party administrator (TPA) by John Hancock. The rating recognizes RSG’s continued plan growth and plan retention rate of 98.7 percent, including a plan asset retention rate of 99.8 percent compared to the industry average of 84 percent.

“We are honored to be recognized as a Top-Tier TPA partner of John Hancock,” said Todd Barker, Principal and Director of New Business at RSG. “For over a decade, John Hancock has been one of RSG’s leading Recordkeeping partners. This Top-Tier recognition illustrates that it is possible to achieve significant growth while continuing to prioritize customer service and client needs above all else.”

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“This recognition is a testament to the phenomenal relationships our team has built with John Hancock and the numerous leading investment advisors across the greater southeast who use their platform to serve our mutual clients,” continued Toni Superneau, General Manager at RSG. “We are proud of the work our staff does to give our clients confidence that their plan is designed, administered and managed with the best interest of their business and employees in mind.”

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