SOURCE: Hancock Investment Advisors, LLC

Hancock Investment Advisors, LLC

September 10, 2012 10:56 ET

Hancock Investment Advisors Selects PPB Advisors & Spouting Rock Consulting to Provide Alternative Solution

ST. LOUIS, MO--(Marketwire - Sep 10, 2012) -   Hancock Investment Advisors, LLC ("Hancock"), a Registered Investment Advisor headquartered in St. Louis, has collaborated with PPB Advisors, LLC ("PPB") and Spouting Rock Consulting to develop a customized, multi-strategy alternative solution for Hancock's accredited clients.

The fund provides a robust addition to Hancock's traditional investment platform. "We considered numerous offerings, from fund of funds to single strategy funds to liquid mutual funds, but following extensive review, determined that a customized vehicle was the only solution that properly met client requirements," said Erich Hickey, Spouting Rock's Chief Investment Officer.

Hancock is an investment advisory firm focused on attaining the diverse goals and objectives of its retail clients, specifically individuals, families, and businesses. "We are confident that our relationship with Spouting Rock and PPB will provide Hancock clients with several tangible benefits," said Joseph Garea, Managing Director at Hancock. "It also enables our firm to adapt to an environment in which the traditional asset allocation model has been challenged, and deliver a differentiated product."

Hancock's team of investment professionals will focus on marketing the fund to their existing client and contact base. PPB, located in Bala Cynwyd, PA, is contracted to manage the administration, operations and reporting of the fund, and Spouting Rock Consulting, located in Radnor, PA, is responsible for the creation and management of the fund. PPB and Spouting Rock have worked together on numerous offerings in the past.

"Advisory firms are under enormous pressure to achieve competitive differentiation in their practices. PPB uses a customized approach to fund development and operations, helping advisory firms such as Hancock, forge ahead in the marketplace without the additional administrative burden associated with alternative investing," said Brendan Lake, President and Chief Executive Officer at PPB.

"Many wealth management firms, large and small, are facing the same dilemma when considering an allocation to alternative assets," added Hickey. "The market has been flooded with products and most firms are left overwhelmed and confused. Our goal is to provide each firm with a solution that not only fits in with their asset allocation model but also complements their business model."

About Hancock Investment Advisors
Headquartered in St. Louis, Hancock provides investment advisory services to retail clients. Hancock provides clients with extensive experience in portfolio management and financial planning, including a comprehensive understanding of fixed income and equity investment products. For additional information, please visit www.hsg-hia.com.

About PPB Advisors
PPB Advisors, LLC is an innovator in the alternative investment industry, shaping increased access and ease of implementation to sophisticated investment strategies and specialty alternative managers. PPB's broad expertise and proprietary fund development methodologies enables the firm to deliver simplified, yet highly effective and customized, fund infrastructure and end-to-end operating solutions for investment managers. PPB, in partnership with preferred service providers, leads all aspects of fund development, operations, administration, banking, legal, audit, and sales/marketing.

About Spouting Rock Consulting
Spouting Rock provides traditional and niche investment consulting services, with a specialty in alternative investments. Serving family offices and boutique institutions, Spouting Rock offers a wide range of consulting, due diligence, investment advisory and reporting capabilities. The firm's team is comprised of investment and business professionals who collectively have over 50 years of asset management, risk management, and research experience across traditional and alternative asset classes.

Contact Information

  • For further information, please contact:
    Kate Reilly
    PPB Advisors, LLC
    t.610.644.5862
    kfr@ppbadvisors.com