BOSTON, Aug. 22, 2016 /PRNewswire/ -- John Hancock Retirement Plan Services (JHRPS) has hired Chip Moore to join its Large Plan Consultant Relations team, with a focus on building relationships with larger national and regional retirement-plan consulting and advisory firms.
Moore brings 30 years of retirement-plan industry experience to his new role. Prior to joining John Hancock, he spent a decade as Director/Field Vice President for a major provider of corporate and retirement services. He has also worked as a consultant and investment advisor.
"We're excited to have someone with Chip's experience join our team, working with consultants who concentrate on large, complex retirement programs," said George Revoir, Vice President of Distribution at JHRPS.
"John Hancock RPS is growing, offering a wide spectrum of institutional service solutions to our clients," Revoir added. "That growth is predicated on our ability to help consultants and our clients put the participant first. We're looking forward to working with Chip to continue supporting this growth."
The addition of Moore brings the Consultant Relations team to 10 members reporting to Revoir.
Moore earned a Bachelor of Science degree in Political Science from Ripon College, and holds FINRA Series 7 and 63 licenses.
John Hancock is a leader in the Retirement Plan Services marketplace, servicing over 57,000 plans and helping over 2.7 million participants1, making it one of the largest full-service providers of 401(k) plans across all plan sizes2.
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.
1 As of June 30, 2016, John Hancock Retirement Plan Services serviced 57,005 plans with 2,741,875 participants and over $137.8 billion in FUM Assets.
As of June 30, 2016, John Hancock Life Insurance Company (USA) supported 43,787 plans, 1,619,408 participants, and $77,118,688,000 in FUM Assets. John Hancock Life Insurance Company of New York supported 2,410 plans, 72,453 participants, and $4,208,061,000 in FUM Assets. John Hancock Retirement Plan Services, LLC supported 10,808 plans, 1,050,014 participants, and $56,540,684,000 in FUM Assets. Approximate unaudited figures for John Hancock Retirement Plan Services division, provided on a U.S. statutory basis.
2 Source: PlanSponsor Magazine, 2015
John Hancock Life Insurance Company (U.S.A.), John Hancock Life Insurance Company of New York and John Hancock Retirement Plan Services, LLC are collectively referred to as "John Hancock".
John Hancock Retirement Plan Services, LLC offers plan administrative services and service programs through which a sponsor or administrator of a plan may invest in various investment options on behalf of plan participants. These investment options have not been individually selected by John Hancock Retirement Plan Services, LLC. John Hancock Trust Company, LLC provides trust and custodial services to such plans.
Group annuity contracts and recordkeeping agreements are issued by John Hancock Life Insurance Company (U.S.A.), (not licensed in New York) and John Hancock Life Insurance Company of New York. Product features and availability may differ by state.
Both John Hancock Life Insurance Company (U.S.A.) and John Hancock Life Insurance Company of New York do business under certain instances using the John Hancock Retirement Plan Services name.
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SOURCE John Hancock Retirement Plan Services