John Hancock Personal Financial Services, LLC is a large advisory firm based in Boston. It manages $1.06 billion of regulatory assets for 31,694 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
John Hancock Personal Financial Services provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of John Hancock Personal Financial Services, LLC is $1.06 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 52% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay John Hancock Personal Financial Services, LLC for their services and products based on a percentage of assets under management, hourly charges, subscription fees, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Christopher Noel Griswold is individuals with 31,694 clients and $1.06 billion of assets under management. Among the 11 most similar advisory firms, John Hancock Personal Financial Services has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $1.06 billion for 31,694 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
John Hancock Personal Financial Services doesn't advise any private funds.
The company employs 117 people that are either part- or full-time employees. 11 percent of the employees work as investment advisers or researchers. 36 employees are registered as investment adviser representatives with the state securities authorities.
There are 3 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Christopher Noel Griswold has been acting as President since 1 Dec 2014. Peter Defrancesco joined the executive team most recently as the President; Elected Manager / Director.
The principal office where John Hancock Personal Financial Services, LLC performs its advisory services is located at 200 Berkeley Street, Boston, MA 02116, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 617-572-0109. The normal business hours are 8:30 a.m. until 5:00 p.m. on Monday - Friday.