Jim Hallinan Pension Consulting, LLC Joins U.S. Retirement & Benefits Partners
Iselin, NJ, January 8, 2024 – U.S. Retirement & Benefits Partners (USRBP) announced today the acquisition of Jim Hallinan Pension Consulting, LLC (JHPC), based in West Hartford, CT.
JHPC, an independent third-party administrator led by James Hallinan, Jr., CPC, CFP®, has been providing successful pension plan consulting, design, and administration solutions to small businesses for decades. Hallinan will assume the role of Managing Partner and will continue to lead the business.
Hallinan shared, “For 20 years JHPC has been a consulting firm catering to the needs of small business owners. Our new partnership with USRBP will allow us to continue the high level of service our clients and advisors have come to expect. We are excited about partnering with USRBP and the opportunities it provides for growth and broadening our book of business. Both our clients and staff will benefit from the expanded opportunities.”
Patrick Hale, Managing Partner of The Retirement Plan Company (TRPC), a USRBP Partner Firm, said, “The addition of JHPC continues to enhance our service offerings in the Northeast and brings enormous industry expertise to help craft our strategic vision moving forward.”
“We are very pleased to welcome the JHPC team to USRBP. The addition of JHPC expands both our New England presence and brings an experienced team into our growing retirement TPA services offerings. We look forward to growing with JHPC,” said Megan Schneider, USRBP CEO.
About U.S. Retirement & Benefits Partners: U.S. Retirement & Benefits Partners, with headquarters in Iselin, NJ, is one of the nation’s largest independent, national financial services firms specializing in employee benefit and employer-sponsored retirement plans in the K-12 public school, governmental, corporate, and non-profit markets. Through partnering with 57 regional firms throughout the U.S., USRBP serves over 15,000 employer groups with 3.5 million participants. For more information, visit www.usrbpartners.com.
About Wise Rhino: Jim Hallinan Pension Consulting, LLC was advised in this transaction by Wise Rhino Group, which provides M&A Advisory Services for Retirement & Wealth Advisory, TPA and Financial Services Industry Technology Firms. They are committed to being a unique resource and catalyst for Firms in pursuit of accelerated growth and sustained competitive success. Their team brings over one hundred years of cumulative experience in every aspect of the Wealth and Retirement verticals as Firms consider how to move forward with the most impactful alignment of partners, staff, and clients.