James A. Shepherdson, former head of
Shepherdson, who has been at Hancock since 2003, previously served as a co-CEO at
"Maureen has provided John Hancock Funds with steady guidance through several years of extremely turbulent market and industry conditions with unwavering integrity," Shepherdson said. The new fund head will report to John Hancock Senior Executive Vice President John D. DesPrez III.
As of March 31, Hancock Funds had $30.2 billion in assets under management.
Andrea Bethune contends in federal court that Carson Group moved her into a new role to make way for a woman 20 years her junior. Eventually, her position was eliminated.
Wealth management firms are beginning to push AI beyond back-office use and toward growth, panelists at Future Proof Citywide said. Success depends on a thoughtful approach and clean data.
The latest study tracking financial advisor movement from research firm Cerulli Associates suggests that employee brokerages must change with the times.
A well-intentioned tax move can push retirees over a Medicare income threshold, leading to thousands in unexpected annual premiums. Here's how advisors avoid these costs.
Investor advocates think the money should instead go to clients who haven't been paid outstanding arbitration awards.
Following similar glitches at Lloyds and the London Metal Exchange, a tech outage at UBS has renewed scrutiny on modern banking platforms.
