BOSTON, Nov. 21, 2017 /PRNewswire/ -- John Hancock
Retirement Plan Services (JHRPS) today formed a cross-functional
leadership team charged with enhancing the delivery of customized
retirement plans that meet the unique needs of clients in the large
plan market. The team of industry veterans includes Thomas Shanley, divisional vice president,
strategic relationship management and large market segment lead;
Christopher Messina, vice president
of institutional sales, and Willson C. Moore III "Chip," national
consultant relations.
Coordination among the team, which had occurred informally prior
to the announcement, serves to provide a more seamless experience
for advisors and consultants. The structure will deliver on-point
business strategy and service to clients that have a large
participant base, multiple plan types, along with operational, risk
mitigation, and fiduciary challenges.
"Aligning our external facing roles in the large plan segment
will help us work together with advisors and plan sponsors to offer
retirement solutions to large clients so that their employees can
move the needle on retirement readiness," said Patrick Murphy, president, JHRPS. "Tom, Chris
and Chip are each outstanding in their own roles, and now working
as a team, they'll enhance all aspects of serving this segment.
While the John Hancock name has long been synonymous with small and
mid-market plan excellence, the reality is that with the
integration of New York Life Retirement Plan Services, we also have
the depth and breadth of experience to understand the unique needs
of large, complex retirement plans and a service model we've
enhanced specifically to support them."
JHRPS' comprehensive bundled retirement plan services are
offered on an open architecture platform that large plans can use
to handle complicated plan design and multiple plan types including
defined contribution, defined benefit and non-qualified plans on
either a total retirement outsourcing or stand-alone basis.
In addition to looking to a provider to have experience, JHRPS
believes large plans today require a data driven approach and
constant innovation. To that end, John Hancock has developed robust
business intelligence tools that allow at-a-glance plan and
participant reporting and predictive analytics that identify
micro-populations within a workforce in order to design campaigns
and provide personally relevant advice to help participants save
more for retirement.
"John Hancock intends to have strong service and retirement plan
solutions in all size markets; our team approach, investment and
focus on this market makes our large plan offering among the
industry's best for plan sponsors and their employees," said
Murphy.
Each member of the new team is an industry veteran, bringing
decades of experience to enhancing relationships throughout the
sales, implementation and ongoing services of large retirement
plans.
- In his role, Tom Shanley is
responsible for formally establishing John Hancock RPS large plan
segment's strategic direction and overseeing execution of the
comprehensive service model. Previously, he served as vice
president, relationship manager both at JHRPS and New York Life
Retirement Plan Services. Shanley has more than 22 years of
experience in the financial services industry with an emphasis on
corporate retirement plans. He holds a B.A. from Rhode Island College, holds a FINRA Accredited
Retirement Plan Consultant (ARPC) designation and maintains his
FINRA Series 7 and 63 registrations.
- With more than 20 years' experience in the retirement services
industry, including more than 17 years in implementation, new
business, and sales, Chris Messina
is responsible for facilitating the development of strategic
partnerships with intermediaries and new clients dedicated to the
large plan market. He received a B.A. in Economics from the
University of Massachusetts at Lowell
and an M.B.A. from the F.W. Olin Graduate School of Business at
Babson College. In addition, he
maintains FINRA Series 6 and 63 registrations and a Massachusetts life insurance
registration.
- Chip Moore, who joined the
organization in 2016, brought more than 30 years of retirement plan
industry experience, including leadership roles in sales,
relationship management, plan consulting and investment advisory.
He is focused on building and engaging relationships with the
top-tier U.S. national and regionally oriented retirement plan
consultants and investment advisors serving the large, mega plan
market segment. He received a B.S. in Political Science from
Ripon College, and maintains both FINRA
Series 7 and 63 registrations.
About John Hancock Retirement Plan Services
John
Hancock is a leader in the
retirement plan services marketplace, servicing more than 57,000
plans and helping more than 2.7 million participants, making it one
of the largest full-service providers of 401(k) plans across all
plan sizes.
About John Hancock and Manulife
John Hancock is a division of Manulife Financial
Corporation, a leading international financial services group that
helps people achieve their dreams and aspirations by putting
customers' needs first and providing the right advice and
solutions. We operate primarily as John Hancock in the United States, and Manulife elsewhere. We
provide financial advice, insurance and wealth and asset management
solutions for individuals, groups and institutions. Assets under
management and administration by Manulife and its subsidiaries were
over $1 trillion (US$806 billion) as of September 30, 2017. Manulife Financial
Corporation trades as MFC on the TSX, NYSE, and PSE, and under 945
on the SEHK. Manulife can be found at manulife.com.
One of the largest life insurers in the United States, John Hancock supports
approximately 10 million Americans with a broad range of financial
products, including life insurance, annuities, investments, 401(k)
plans, and college savings plans. We also offer advice through
Signator, a network of independent financial advisors. Additional
information about John Hancock may be found at johnhancock.com.
John Hancock Retirement Plan Services, LLC, Boston, MA 02210.
NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED
©2017 All rights reserved.
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