Manulife Asset Management (Us) LLC is a large advisory firm based in Boston. It manages $182.43 billion of regulatory assets for 3,450 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Manulife Asset Management (Us) provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Manulife Asset Management (Us) LLC is $182.43 billion. The firm's AUM has grown by 299% since the beginning of its operation, and $51.05 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Manulife Asset Management (Us) LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, insurance companies, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Luca Emilio Pontillo is investment companies with 122 clients and $122.39 billion of assets under management. Among the 9 most similar advisory firms, Manulife Asset Management (Us) has the 4th highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $182.22 billion for 3,448 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 28% of the firm’s clients are foreign persons or businesses.
Manulife Asset Management (Us) also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
The company employs 269 people that are either part- or full-time employees. 41 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.
There are 6 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.
Luca Emilio Pontillo has been acting as President since 1 May 2014. Patricia Majella Rosch joined the executive team most recently as the Director.
The principal office where Manulife Asset Management (Us) LLC performs its advisory services is located at 197 Clarendon St, Boston, MA 02116, which is also the mailing address of the firm. An additional office of the firm is in Portsmouth, NH. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 617-375-1500 or by fax 617-375-1665. 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 manulifeam.com.