John Hancock Investment Management LLC (Boston)

Name: John Hancock Investment Management LLC
Address: 200 Berkeley St., Boston, MA, 02116 5022
Telephone: 617-663-2430

John Hancock Investment Management LLC is a large advisory firm based in Boston. It manages $183.45 billion of regulatory assets for 756 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

John Hancock Investment Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

John Hancock Investment Management: assets under management

The assets under management (AUM) of John Hancock Investment Management LLC is $183.45 billion. $180.45 million of the total AUM is attributable to clients outside of the United States.

The firm manages $182.85 billion in discretionary accounts and $594.03 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $243.81 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $99 million.

Investments

The firm invests in investment and business development companies the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay John Hancock Investment Management LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Leonardo Manuel Zerilli serves?

The firm provides services to individuals, investment companies, and pooled investment vehicles. The largest group of clients of Leonardo Manuel Zerilli is investment companies with 158 clients and $182.78 billion of assets under management. Among the 10 most similar advisory firms, John Hancock Investment Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $183.45 billion for 756 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

John Hancock Investment Management doesn't advise any private funds.

Careers at John Hancock Investment Management LLC

The company employs 376 people that are either part- or full-time employees. 12 percent of the employees work as investment advisers or researchers. 174 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Leonardo Manuel Zerilli has been acting as President since 1 Oct 2012. Edward Paul Macdonald joined the executive team most recently as the Secretary And Chief Legal Counsel.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Hancock Subsidiaries Llc	Member	1 Mar 1992	75% - 100%	04-2687223
Francis Vincent Knox	Chief compliance officer	1 Aug 2005	Other	1699647
Jeffrey Harold Long	Chief financial officer	1 Dec 2007	Other	2407333
Andrew Grant Arnott	Director, president and chief executive officer	1 Oct 2012	Other	2440392
Leonardo Manuel Zerilli	Director	1 Oct 2012	Other	3030559
Charles Arthur Rizzo	Director	1 Apr 2014	Other	3063396
Edward Paul Macdonald	Secretary and chief legal counsel	1 Oct 2018	Other	4512680

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Manulife Financial Corporation	Shareholder	1 Sep 1999	75% - 100%	98-0361647
The Manufacturers Investment Corporation	Shareholder	1 Jan 2002	75% - 100%	38-3261832
Manufacturers Life Insurance Company (Canada)	Shareholder	1 Dec 2003	75% - 100%	38-0788610
John Hancock Financial Corporation	Shareholder	1 Dec 2009	75% - 100%	20-1739430
John Hancock Life Insurance Company (U.S.A.)	Member	1 Dec 2009	75% - 100%	01-0233346
Manulife Holdings (Alberta) Limited	Shareholder	1 Dec 2009	75% - 100%	n/a

Based in Boston

The principal office where John Hancock Investment Management LLC performs its advisory services is located at 200 Berkeley St., Boston, MA 02116 5022, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-663-2430. The normal business hours are 8:30 a.m. until 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at johnhancock.com and its LinkedIn profile.