Hancock Capital Investment Management LLC (Boston)


Hancock Capital Investment Management LLC is a large advisory firm based in Boston. It manages $18.55 billion of regulatory assets for 99 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Massachusetts and Texas.

Hancock Capital Investment Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and credit suppport services, develop real property budgets, other (see form adv, part 2a). It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hancock Capital Investment Management: assets under management

The assets under management (AUM) of Hancock Capital Investment Management LLC is $18.55 billion. The firm's AUM has grown by 6894% since the beginning of its operation, and $11.68 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $16.28 billion in discretionary accounts and $2.27 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $271.34 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $58.14 million.
Hancock Capital Investment Management has custody of $4.15 billion in cash and securities for 14 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 21% of the total AUM. The second-largest asset type is government bonds, which make up 10% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hancock Capital Investment Management 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 Scott Hartz serves?

The firm provides services to insurance companies, investment companies, and pooled investment vehicles. The largest group of clients of Scott Hartz is insurance companies with 10 clients and $12.35 billion of assets under management. Among the 11 most similar advisory firms, Hancock Capital Investment Management has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $17.98 billion for 25 clients. 44% of the firm’s clients are foreign persons or businesses.

Hancock Capital Investment Management also advises several private funds. Namely, one real estate fund and nine private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $20,000,000.

Careers at Hancock Capital Investment Management LLC

The company employs 505 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 4 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.

Scott Hartz has been acting as President since 1 Oct 2007. Stephen James Blewitt joined the executive team most recently as the President, Chief Executive Officer, Chairman/Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
John Hancock Subsidiaries Llc Member 1 Oct 2007 75% - 100% 04-2687223
Scott Hartz Chief executive officer/director 1 Oct 2007 Other 4817471
Jennifer Lynne Toone Campanella Chief legal officer 1 Oct 2007 Other 5437836
Stephen James Blewitt Senior managing director/director 1 Oct 2007 Other 4345311
John Edward Brabazon Chief financial officer 1 Oct 2007 Other 4406206
Lynn Lamphier Dyer Chief compliance officer 1 Oct 2007 Other 5249034
Willma Herriette Davis Senior managing director/manager 1 Oct 2007 Other 5437840
George Howard Braun Senior managing director/manager 1 Oct 2007 Other 5437846
Cynthia Ann Cavanaugh Chief compliance officer 1 Dec 2008 Other 5629506
Henry Wong Senior managing director/director 1 Apr 2012 Other 6079099
Elizabeth Burkhardt Chief financial officer 1 May 2012 Other 2639154
Maura Swan Chief compliance officer 1 Jun 2012 Other 6084602
Debra Casey Chief financial officer 1 Nov 2012 Other 6174536
Jason Michael Pratt Chief compliance officer 1 Jun 2013 Other 6214981
William Gerard Mcpadden Director 1 Dec 2013 Other 6277503
John Crist Sherwood Anderson Director 1 Dec 2013 Other 3267098
Alan Seghezzi Director/chairman 1 Jun 2015 Other 6006463
Kevin Adolphe Director 1 Jun 2015 Other 6165992
Timothy Deacon Director 1 Jun 2015 Other 6514333
Ann Marie Gencarella Operations 1 Nov 2015 Other 6631522
Halina K Von Dem Hagen Treasurer 1 Jan 2016 Other 6582303
Michael Edwin Strong Chief financial officer 1 Mar 2016 Other 6631677
Jeffrey Howard Nataupsky Chief financial officer 1 Jul 2016 Other 6329134
Heidi Gaito Knapp Operations 1 Mar 2018 Other 6929567
The Manufacturers Investment Corporation Member 1 Sep 2018 75% - 100% 38-3261832
William Edward Peressini Director 1 Mar 2019 Other 1935018
Scott Hartz Director 1 Apr 2019 Other 4817471
Stephen James Blewitt President, chief executive officer, chairman/director 1 Apr 2019 Other 4345311
Nathaniel Margolis Director 1 Apr 2019 Other 7111655

Indirect Owners

The SEC currently registers 12 indirect owners.

Name Entity Date acquired Ownership Employer ID
John Hancock Life Insurance Co Member 1 Dec 1979 75% - 100% 107721
Manulife Financial Corporation Shareholder 1 Sep 1999 75% - 100% 98-0361647
Inc. John Hancock Financial Services Shareholder 1 Feb 2000 75% - 100% 04-3483032
The Manufacturers Investment Corporation Shareholder 1 Jan 2002 75% - 100% 38-3261832
Manufacturers Life Insurance Company Shareholder 1 Dec 2003 75% - 100% 38-0788610
The Manufacturers Life Insurance Company Shareholder 1 Dec 2003 75% - 100% 38-0788610
Manulife Financial Corporation Member 1 Oct 2004 75% - 100% 98-0361647
John Hancock Holdings (Delaware) Llc Shareholder 1 Oct 2004 75% - 100% 20-1739430
John Hancock Financial Corporation Shareholder 1 Dec 2009 75% - 100% 33-1105152
John Hancock Life Insurance Company (U.S.A.) Member 1 Dec 2009 75% - 100% 01-0233346
Manulife Holdings (Alberta) Limited Member 1 Dec 2009 75% - 100% none
John Hancock Holdings (Delaware) Llc Shareholder 1 Dec 2009 75% - 100% 33-1105152

Based in Boston

The principal office where Hancock Capital Investment Management LLC performs its advisory services is located at 197 Clarendon Street, Boston, MA 02116, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-572-0693. The normal business hours are 9am to 5pm on Monday - Friday.