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Investment financial advisory firm, PE firm partner

Hanson McClain Advisors and Parthenon Capital Partners have announced a strategic partnership under which the investment financial advisory firm will leverage the private equity firm's resources to invest in technology, systems and people, as well as to expand its business model in new markets.

Hanson McClain Advisors specializes in retirement planning, investment advising and 401(k) management, and Parthenon Capital Partners is a mid-market private equity firm based in Boston and San Francisco.

With the help of Parthenon Capital Partners' investment, Hanson McClain Advisors will enter new markets both organically and through acquisition. Scott Hanson and Pat McClain continue to lead Hanson McClain Advisors, and there will be no changes to the leadership team.