Strongpoint Partners Acquires The Finway Group
Strongpoint Partners has entered into a partnership with The Finway Group, a national provider of retirement plan services. The transaction expands Strongpoint's service offerings and geographic reach.
Chicago, IL – Strongpoint Partners, a tech-enabled retirement services platform for small to mid-sized businesses, has announced a new partnership with The Finway Group. Finway, a Des Moines, Iowa-based national retirement plan services firm, specializes in Pooled Employer Plans (PEPs) and 3(16) administrative fiduciary services.
Through this partnership, Finway's existing clients and employees will be integrated into Strongpoint's broader network. Finway will continue to be led by President Steve Finnegan and VP of Operations Keith Lowery. Strongpoint CEO Danny Hest highlighted Finway's expertise in PEP solutions as a significant addition to Strongpoint's offerings.
Strongpoint Partners aims with this strategic investment to strengthen its market position by offering more comprehensive expertise and product capabilities. Finway's team of approximately 50 employees will remain in their current roles, continuing to deliver the services their clients have come to expect.
Finway stated that the partnership grants its team access to a wider national network, enhances technological infrastructure, and supports the company's growth, while preserving the high-touch, personalized service model clients rely on. Strongpoint Partners has previously integrated several other firms into its network.