TEMPE, Ariz., Oct. 13, 2016 /PRNewswire/ -- John Hancock Investments today held a ribbon-cutting event to mark the formal opening of its new office in Tempe, Arizona, its third location in the U.S. The office at 1230 West Washington will serve as an additional hub for sales and service support operations. With 45 employees in place currently, the new location eventually will be home to a staff of 60.
Andrew G. Arnott, president and CEO, John Hancock Investments, officially opened the office, joined by Jeff Duckworth, president of retail distribution; Katie McKay, national sales manager; John Hatch, Vice President of IT and Operations, and new employees. Also in attendance were representatives from the Tempe community.
"We are pleased to open this new office to help support our growth and expansion," said Mr. Arnott. "There are multiple positives for us in opening in Tempe, such as being better able to assist financial advisors and distribution partners in the Pacific and Mountain time zones and the capacity to accommodate a larger staff for our growing product lines, including our exchange-traded fund business. We look forward to working with our new staff to realize these benefits."
John Hancock Investments' organic growth has been among the fastest in the asset management industry in recent years. Assets under management reached approximately $130 billion at the end of the September 2016.
Diversifying John Hancock Investments' base of operations offers additional benefits. From a business continuity perspective, the additional U.S. location will help the company to avoid interruptions in sales and service operations in the case of New England- or Boston-based business disruptions, weather-related or otherwise. The company also believes the new foothold will help it recruit from a vibrant and growing region of the US that offers a deep talent pool.
About John Hancock Investments
John Hancock has helped individuals and institutions build and protect wealth since 1862. Today, we are one of America's strongest and most-recognized brands. As a manager of managers, John Hancock Investments searches the world to find proven portfolio teams with specialized expertise for every fund we offer, then we apply vigorous investment oversight to ensure they continue to meet our uncompromising standards and serve the best interests of our shareholders. Our unique approach to asset management has led to a diverse set of investments deeply rooted in investor needs, along with strong risk-adjusted returns across asset classes.
Registered investment products of John Hancock Investments are offered through
John Hancock Funds, LLC, Member FINRA/SIPC, 601 Congress Street, Boston, MA 02210
About John Hancock Financial and Manulife
John Hancock Financial is a division of Manulife, a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. Operating as Manulife in Canada and Asia, and primarily as John Hancock in the United States, our group of companies offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Assets under management and administration by Manulife and its subsidiaries were $934 billion (US $718 billion) as at June 30, 2016. Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife can be found on the Internet at manulife.com.
The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers and administers a broad range of financial products, including life insurance, annuities, investments, 401(k) plans, long-term care insurance, college savings, and other forms of business insurance. Additional information about John Hancock may be found at johnhancock.com
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SOURCE John Hancock Investments