The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Harrison Consolidates Hancock's Beantown HQs Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, March 28, 2018

Harrison Consolidates Hancock's Beantown HQs

News summary by MFWire's editors

The chief of an insurer with both mutual fund and retirement plan arms is consolidating the firm's hometown presence.

By the end of 2018, John Hancock's [profile] Boston headquarters will shift from the Seaport District (specifically, 601 Congress St.) to Back Bay (197 Clarendon and 200 Berkeley), Hancock CEO Marianne Harrison revealed yesterday in a memo reported on by the Boston Globe, twice, and by the Boston Business Journal. The move, which will begin this summer, will shift about 1,100 employees from the Seaport District to join about 2,100 employees that Hancock already has in Back Bay.

There's no word yet on which sides of Hancock, such as John Hancock Investments or John Hancock Retirement Plan Services, will be affected by the shift.

"It was critically important to me to bring our Boston-based employees together in one location to enable more effective collaboration across functions," Harrison reportedly wrote in the memo. "Working together as a team is crucial to our success, and I'm confident this move will help us build a stronger culture, deeper engagement, and better serve our customers."

Though Harrison is moving her HQ, a company spokeswoman tells both publications that the move will not include workforce cuts. Indeed, the Business Journal notes that Hancock already "has won approval to build a 26-story, 388-foot tower at 380 Stuart St., also in Back Bay." What Hancock would do with its current HQ in the Seaport or with that planned new building in Back Bay is still TBD, a company spokeswoman tells the publication.

Hancock has been headquartered at its Seaport district tower since 2004 (the same year that Manulife bought Hancock). Yet before that its HQ was in Back Bay, though in a tower now called 200 Clarendon (formerly known as Hancock Tower but now no longer associated with Hancock). 

Edited by: Neil Anderson, Managing Editor

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2021: Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

  1. MFDF Director Discussion Series - Open Forum via Zoom (Midwest), March 10
  2. FinReg Outlook 2021, March 10
  3. Irish Funds North American Digital Seminar, March 11
  4. MFDF webinar - Municipal and Taxable Fixed Income — A Multi-Speed Recovery, March 12
  5. 2021 Virtual Mutual Funds and Investment Management Conference, Mar 15-19
  6. Women for Impact - A Call to Action, March 16
  7. SEC & DOL Standard of Conduct Rulemakings — Present & Future Considerations, March 23
  8. Expect Miracles Foundation's Virtual Mystery Game Night, March 24
  9. MFDF Director Discussion Series - Open Forum via Zoom, March 24
  10. ETFGI Global ETFs Insights Summit - ESG & Active ETF Trends, Mar 24-25
  11. MFDF webinar - Asset Management M&A for Fund Directors — Recent Trends and Governance Issues, March 31
  12. MFDF Director Discussion Series - Open Forum via Zoom, April 7
  13. MFDF In Focus: Board Oversight of Sub-advisers, April 15
  14. ETF.com Awards 2020, April 20
  15. The 31st Sub-Advised Funds Forum, Apr 20-21
  16. MFDF Director Discussion Series - Open Forum via Zoom (Northeast), April 21
  17. FIASI virtual event - ESG in Fixed Income: Shining a Light on Transparency, Apr 22-23
  18. 44th Annual AIMSE Marketing & Sales Conference, May 2-4
  19. MFDF Director Discussion Series - Open Forum via Zoom (Southeast), May 5
  20. ICI 2021 General Membership Meeting - Day 1, May 6
  21. ICI 2021 General Membership Meeting - Day 2, May 13
  22. 2021 FINRA Annual Conference, May 18-20
  23. MFDF Director Discussion Series - Open Forum via Zoom, May 19
  24. 2nd annual ETFGI Global ETFs Insights Summit - USA, May 19-20
  25. Irish Funds Online Annual Global Funds Conference 2021, May 19-20
  26. MFDF webinar - Fund Director Compensation: MPI Annual Survey (2021), May 20

©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use