The expansion represents growth of 15% in the number of individuals who are supporting advisers selling 401(k) plans, the company said in a press release.
The 10 new internal sales associates will form a new Boston-based sales desk and will primarily support the Eastern Division. The company said it plans to add five additional sales associates to the Boston sales desk by year end and additional sales associates to the company’s other sales desks, located in Chicago and Atlanta, over the same period.
The eight new regional vice presidents will be located throughout the country.
“With more support, we can better respond to the needs of financial advisers and TPAs – our business partners,” said Art Creel, Executive Vice President, Sales & Marketing, John Hancock RPS, in the announcement.
More information is available at www.jhrps.com/us.