The money management and accounting services will remain separate businesses, and they will not share customer information without customer consent, Hanson said. They will even be in separate offices with separate entrances to work within a variety of regulatory requirements.

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While the accountants are not going to share the same office with the financial adviser, they can be accessed with client consent via a video conferencing system Hanson McClain already has in place, Hanson said

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Since it received growth capital from parthenon, Hanson McClain has been seeking to expand through acquisitions. Its first acquisition was in January this year when it acquired Simply Money Advisors of Cincinnati.

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Hanson said the company is still looking to expand through acquisition, and it is currently looking at estate planning services and also at trustee services as potential merger partners.

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