Manulife Financial Launches Manulife Private Wealth for High Net Worth Canadians

Sep 13, 2012, 10:00 ET from Manulife Financial Corporation

TORONTO, Sept. 13, 2012 /PRNewswire/ - Manulife Financial announces the launch of Manulife Private Wealth, a unique, seamless and integrated approach to wealth management that includes investment management, banking and advisory services. Clients now gain access to a specialized network of financial professionals with extensive experience managing assets for high net worth Canadians.

The launch of Manulife Private Wealth coincides with the opening of its first branch, at 250 Bloor Street East in Toronto. A Vancouver branch is scheduled to open in 2013.

"Our clients' financial needs are becoming increasingly complex. Manulife Private Wealth offers solutions through personalized services customized to align with their goals," said Bernard Letendre, VP and Managing Director, Manulife Private Wealth. "This new offering is designed as a collaborative service model allowing clients to retain existing trusted advisors, benefiting from their expertise and active participation in the relationship, while gaining consolidated investment management and private banking services."

Manulife Private Wealth provides a range of personalized investment management and banking services as well as access to highly qualified professionals covering related wealth services such as tax and estate planning and private company advisory services.

"The launch of Manulife Private Wealth underscores our enduring commitment to continuously improving the depth of our service and level of convenience to clients," said Mr. Letendre. "Our latest offering brings together the various solutions of our leading wealth management businesses and combines them with the expertise of the client's trusted advisor to create something that is unique in the Canadian marketplace."

Manulife Private Wealth's goals-based investment management approach uses a team model to leverage Manulife Asset Management's extensive experience in domestic and international institutional investment management with expertise across asset classes and investment styles. An Investment Counsellor works with each client to build diversified portfolios tailored to meet specific individual goals, while a Private Banker provides guidance on strategically managing cash and using appropriate credit facilities.

About Manulife Asset Management
Manulife Asset Management is the global asset management arm of Manulife Financial. Manulife Asset Management provides comprehensive asset management solutions for institutional investors and investment funds in key markets around the world. Manulife Asset Management also provides investment management services to affiliates' retail clients through product offerings of Manulife and John Hancock. This investment expertise extends across a broad range of asset classes including equity, fixed income and alternative investments such as real estate, timber, farmland, as well as asset allocation strategies.

Manulife Asset Management has offices with full investment capabilities in the United States, Canada, the United Kingdom, Japan, Hong Kong, Singapore, Taiwan, Indonesia, Thailand, Vietnam, Malaysia, and the Philippines. In addition, it has a joint venture asset management business in China, Manulife TEDA. It also has operations in Australia, New Zealand, Brazil and Uruguay. John Hancock Asset Management, Hancock Natural Resource Group and Declaration Management and Research are units of Manulife Asset Management.

Manulife Asset Management was named Best Asian Bond House by Asia Asset Management in 2011.  As at June 30, 2012, assets under management were US$218 billion. Additional information about Manulife Asset Management can be found at

About Manulife Financial
Manulife Financial is a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. In 2012, we celebrate 125 years of providing clients strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We also provide asset management services to institutional customers. Funds under management by Manulife Financial and its subsidiaries were C$514 billion (US$504 billion) as at June 30, 2012. The Company operates as Manulife Financial in Canada and Asia and primarily as John Hancock in the United States.

Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife Financial can be found on the Internet at

SOURCE Manulife Financial Corporation