Manulife Asset Management (Us) LLC (Boston)

Name: Manulife Asset Management (Us) LLC
Address: 197 Clarendon St, Boston, MA, 02116
Telephone: 617-375-1500

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.

Manulife Asset Management (Us): assets under management

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 firm manages $181.9 billion in discretionary accounts and $532.83 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $52.8 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $106.57 million.

Manulife Asset Management (Us) has custody of $807.21 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 23% of the total AUM. The second-largest asset type is sovereign bonds, which make up 11% of the firm’s portfolio. Investments in investment and business development companies form 10% of the total invested assets.

Fees & Commissions

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.

What kind of clients Luca Emilio Pontillo serves?

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.

Careers at Manulife Asset Management (Us) LLC

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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc The Berkeley Financial Group	Shareholder	1 Mar 1992	75% - 100%	04-3145626
John Francis Snyder	Executive vice president	1 May 1993	Other	429838
Keith Frederick Hartstein	Director	1 Jul 2005	Other	1440050
Barry Hart Evans	Director, president and chief operating officer, chief investment officer - asset allocation	1 Aug 2005	Other	2036625
Diane Robin Landers	Director, chief operating officer	1 Dec 2005	Other	2182114
Carolyn Marie Flanagan	Vice president, chief legal officer	1 Jan 2007	Other	5776650
Janis Largesse	Director	1 May 2007	Other	5437676
Jean Francois Michel Courville	Director	1 Aug 2007	Other	5426503
Jeffrey Harold Long	Chief financial officer	1 Aug 2007	Other	2407333
Frank Joseph Saeli	Director, global head sales and relationship management	1 May 2008	Other	1348684
William Emerson Corson	Chief compliance officer	1 Jun 2008	Other	4872608
Christopher Paul Conkey	Director, executive vice president, chief investment officer- equities / fixed income	1 Jun 2010	Other	2671158
Jacqueline Lucille Allard	Director	1 Mar 2013	Other	5524016
Anthony George Ostler	Director	1 Mar 2013	Other	6172437
Luca Emilio Pontillo	Director	1 May 2014	Other	6261325
Andrew Grant Arnott	Director	1 May 2014	Other	2440392
Howard Russell Cronson	Vice president and chief financial officer	1 May 2014	Other	2285061
Kai Reiner Sotorp	Director	1 Jul 2014	Other	2099440
Paul Martin Donahue	Chief compliance officer, managing director	1 Mar 2015	Other	2248908
Kenneth Damato	Chief administrative officer	1 Mar 2015	Other	6467196
John Hancock Subsidiaries Llc	Member	1 Oct 2015	75% - 100%	04-2687223
Diane Robin Landers	President and chief operating officer	1 Jun 2016	Other	2182114
Jeffrey Howard Nataupsky	Chief financial officer	1 Apr 2017	Other	6329134
Paul Raymon Lorentz	Director	1 Oct 2017	Other	6864789
Patricia Majella Rosch	Director	1 Jan 2019	Other	1888760
Todd Joseph Cassler	Director	1 Jan 2019	Other	3116784

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
John Hancock Subsidiaries Llc	Shareholder	1 Mar 1992	75% - 100%	04-2687223
Manulife Financial Corporation	Shareholder	1 Sep 1999	75% - 100%	98-0361647
The Manufacturers Investment Corporation	Shareholder	1 Jan 2002	75% - 100%	38-3261832
The Manufacturers Life Insurance Company	Shareholder	1 Dec 2003	75% - 100%	38-0788610
John Hancock Life Insurance Company (U.S.A.)	Shareholder	1 Dec 2009	75% - 100%	01-0233346
John Hancock Financial Corporation	Shareholder	1 Dec 2009	75% - 100%	20-1739430
Manulife Holdings (Alberta) Limited	Member	1 Dec 2009	75% - 100%	na
John Hancock Holdings (Delaware) Llc	Shareholder	1 Dec 2009	75% - 100%	20-1739430

Based in Boston

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.