Joseph Casey, President of HarborOne Bank, utilized his 34 years of financial services experience to discuss community banking with Banker & Tradesman. Read the full article here!
John Hancock hosting a shoe drive to benefit homeless men and women in Boston
As the City of Boston celebrates the second annual One Boston Day, St. Francis House (SFH) is partnering with John Hancock, hosting a sneaker donation drive to benefit homeless men and women in need. Citizens of Boston are asked to honor One Boston Day with a donation of new or gently worn sneakers. Each pair of sneakers donated will directly benefit guests of SFH.
Donations from the sneaker drive will augment the Fresh Threads Department at SFH that currently distributes 3,000 pairs of shoes each year to men and women who visit SFH.
“We are thrilled to be partnering with John Hancock, a longstanding institution of Boston, in honor of One Boston Day,” said Karen LaFrazia, Executive Director of St. Francis House. “The sneaker drive will have a direct impact on the men and women who come to St. Francis House for support every day. St. Francis House has long relied on the kindness and generosity of Boston residents, we are excited to see that support continue on Friday, as we all come together to honor our great city.”
One Boston Day: April 15, 2016, 11:00 am – 2:00 pm
Donation Boxes will be posted at two locations in Boston:
- The intersection of Exeter Street and Boylston Street in Boston, near the Jumbotron.
- Boston City Hall, Third Floor
“We are proud to partner with the City on One Boston Day to support St Francis House, and all the men and women they serve.” said Tom Crohan, AVP & Counsel, John Hancock Financial. “We encourage everyone who lives or works in Boston to join us in donating sneakers to this incredibly worthy cause.”
One Boston Day serves as an opportunity for the city – and its citizens – to celebrate the resiliency, generosity, and strength demonstrated by the city of Boston and those around the world in response to the tragic events on April 15, 2013.
About St. Francis House
Located in the heart of downtown Boston, St. Francis House is the largest day shelter in the Commonwealth, serving more than 600 poor and homeless men and women a day, 365 days a year. St Francis House provides basic, rehabilitative and housing services that overlap and build on one another to provide guests with continuous and comprehensive care.
About John Hancock Financial and Manulife
John Hancock Financial is a division of Manulife, a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. Operating as Manulife in Canada and Asia, and primarily as John Hancock in the United States, our group of companies offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Assets under management and administration by Manulife and its subsidiaries were C$935 billion (US$676 billion) as at December 31, 2015. Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘945’ on the SEHK. Manulife can be found on the Internet at manulife.com.
The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers and administers a broad range of financial products, including life insurance, annuities, investments, 401(k) plans, long-term care insurance, college savings, and other forms of business insurance. Additional information about John Hancock may be found at johnhancock.com.
To learn more about O’Neill and Associates’ nonprofit expertise, click here.
Volunteer and Charitable Events in Boston, Beverly, Danvers, Lynn, Salem and Worcester
Employee volunteers from People’s United Bank’s offices and branch locations will continue to be active in their communities this holiday season serving meals, preparing gifts, and supporting those in need. A special highlight of the holiday season will be the annual tree lighting in Danvers Square on December 9, hosted at the bank’s North Shore headquarters on Conant Street. For information on any of the activities listed below, please contact Kevin Noyes, Vice President of Community Development for People’s United Bank at 978-739-0253.
November 25 (Danvers) – People’s United Bank volunteers helped children at the First Steps Child Care Center serve Thanksgiving dinner to their parents.
December 1-18 (Boston) – People’s United Bank’s employees conduct a food drive to benefit the Greater Boston Food Bank’s Holiday Meal Drive.
December 9 (Danvers) – People’s United Bank’s Conant Street office in Danvers is hosting the Care Dimensions Annual Tree Lighting in Danvers Square from 5-8 p.m. https://give.hns.org/pages/tree-of-lights-2015
December 11 (Salem) – People’s United Bank Employees conduct a Gift Drive for Children’s Friends and Family Services in Salem where 200 children will receive gifts from bank employees (delivery of gifts is slated for 2 p.m.) http://childrensfriend.net/
December (Danvers) – People’s United Bank’s volunteers will host a birthday party for children and families living in the Econo Lodge in Danvers (in conjunction with the non-profit Birthday Wishes). https://www.birthdaywishes.org/
December 17 (Beverly) – People’s United Bank VP Kevin Noyes will dress as Santa for the Connecting Young Mom’s Annual Holiday Party at Beverly Hospital.
December 19 (Beverly) – People’s United Bank VP Jack Good will be coordinating bell ringers and ringing a bell for the Salvation Army in conjunction with the Beverly Rotary.
December 21 (Lynn) – People’s United Bank’s volunteers are going to the Massachusetts Coalition for the Homeless to assist with holiday cake orders, putting them together and getting the cakes ready for delivery. http://www.mahomeless.org/
December 22 (Lynn) – People’s United Bank’s volunteers will sort toys and prepare orders for families at the Massachusetts Coalition for the Homeless’ warehouse in Lynn. http://www.mahomeless.org/
All December (Worcester) – The People’s United Bank Commercial Lending Group in Worcester will be gathering a donation for Children’s Friend, that serves children and families whose lives have been affected by difficulties including abuse, neglect, family instability, death, substance abuse, and mental, emotional and physical problems. http://www.childrensfriend.org/?page_id=8
People’s United Bank, its employees, and its foundation, continue to be leaders in their charitable giving and grant donations to local and national non-profit organizations as well as local communities. The Bank organizes regular “Jeans Days” where staff can wear jeans to work if they make a donation to a non-profit organization, which are chosen by staff, staff also participate regularly in volunteer activities. Jeans Days have $15,000 for local non-profits in the bank’s communities. Additionally, the People’s United Community Foundation and the People’s United Community Foundation of Eastern Massachusetts (formerly the Danversbank Charitable Foundation) provide vital financial support to a variety of non-profit organizations in Massachusetts by providing in excess of $1,150,000 in grants in 2015.
People’s United Bank is a subsidiary of People’s United Financial, Inc., a diversified financial services company with $36 billion in assets. People’s United Bank, founded in 1842, is a premier, community-based, regional bank in the Northeast offering commercial and retail banking, as well as wealth management services through a network of over 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine.
Asset International-CIO Recognizes PRIM, Executive Director and CIO Michael Trotsky and Deputy CIO Sarah Samuels
BOSTON, MA – The Massachusetts Pension Reserves Investment Management Board and two of its executives earned high honors for innovation Thursday evening from Asset International-CIO – the latest in a series of industry accolades that PRIM and its staff members have received.
The awards were presented to PRIM Executive Director and Chief Investment Officer Michael G. Trotsky, CFA, and Deputy Chief Investment Officer Sarah Samuels, CFA, during a ceremony Thursday evening at the New York Public Library. It was Asset International-CIO’s 6th annual industry innovation awards, which recognize institutional asset owners and asset managers for industry-leading practices and innovative operations and initiatives.
Trotsky and the Pension Reserves Investment Management Board, which oversees the $60.7 billion PRIT Fund, were recognized for excellence in innovation in the $15 billion to $100 billion public defined benefit plan category. Samuels was recognized for innovation excellence and leadership in AI-CIO’s “Next Generation” category. PRIM was the only plan among more than two dozen nominated to receive two top honors.
“PRIM’s success is due to its dedicated staff who lead in utilizing innovative investment strategies,’’ said Treasurer Deb Goldberg, who is Chair of the PRIM Board. “Michael and Sarah have once again demonstrated a commitment to best practices and this recognition is testament to their outstanding work.”
The awards recognize PRIM’s pioneering approach to asset allocation, hedge fund strategies, risk management and public market research that are now being emulated by other plans and funds. In particular, PRIM’s Project SAVE initiative, which has produced over $120 million in annual value-enhancing activities, is an industry leading program that is establishing a new best practice standard for cost reduction and return enhancement activities across all asset classes.
Asset International (AI) provides critical data, business intelligence, and information services to the global investment management industry. It also publishes CIO (Chief Investment Officer) Magazine and the Web site ai-cio.com.
“This is a tremendous honor and, more importantly, it is further recognition for the incredible team we have recruited and retained at PRIM,” said Trotsky. “Our team is at the forefront in developing innovative practices that enhance investment returns, reduce fees and create value for Massachusetts pensioners and taxpayers.”
Staff members at PRIM have received a number of recognitions for their high level of performance and commitment to excellence.
Samuels was recently named to CIO Magazine’s “40 under 40” list, which recognizes up-and-coming asset owners who have made meaningful contributions to their organizations. Michael Bailey, Senior Investment Officer – Director of Private Equity, was nominated for the Investor Intelligence Award for Excellence in private equity by Investor Intelligence Network. The award recognizes the most outstanding and innovative public plan sponsors in North America. Chris Supple, Deputy Executive Director and General Counsel, was awarded the Commonwealth’s Citation for Outstanding Performance for his work on class-action lawsuits in which PRIM was lead plaintiff. Supple helped secure several nine-figure settlements, including a settlement of $473 million from Schering-Plough, one of the top 25 largest securities litigation settlements ever and the largest ever from a pharmaceutical company.
In 2014, Trotsky was one of Institutional Investor’s six nominees for “Chief Investment Officer of the Year.” At a 2014 Investor Intelligence Awards Ceremony in Los Angeles, Institutional Investor named PRIM its “Public Pension Plan of the Year”, driven in part by its recognition of the many successes of PRIM’s Project SAVE, which it described as “the most aggressive and systematic search for cost efficiencies by a U.S. public pension plan that we have ever seen.” PRIM has also earned accolades from the Private Equity Growth Capital Council and Buyouts Magazine for achieving the highest private equity performance in the nation.
“PRIM’s greatest strength is the outstanding professionals is has on its staff, serving on its board and serving as committee members,” said Timothy Vaill, former Chairman and CEO of Boston Private Holdings and a member of PRIM’s Investment Committee. “These professionals never forget that they are serving the Massachusetts taxpayer, and their high level of professionalism and dedication is well deserving of recognition.”
ABOUT PRIM: PRIM was created by the Massachusetts legislature in 1983 to assist the Commonwealth in reducing its unfunded pension liability, and likewise to assist local participating retirement systems in meeting their pension obligations. Its mission is to maximize the return on investment within acceptable levels of risk by broadly diversifying its $61.7 billion investment portfolio, capitalizing on economies of scale to achieve cost-effective operations, and providing access to high quality, innovative investments, all under the management of a professional staff and members of the Board and its committees.
Last week, Banker & Tradesman’s readers awarded O’Neill and Associates with the magazine’s BEST award, a recognition that highlights the top service providers to the real estate and banking industries in Massachusetts. This year marked the eighth consecutive year that O’Neill and Associates has been voted as one of the top three public relations agencies by Banker & Tradesman.
“It is truly an honor for O’Neill and Associates to be recognized, along with so many reputable and successful companies and organizations, as one of B&T’s ‘BEST’ for the eighth consecutive year,” stated Chief Executive Officer Thomas P. O’Neill III. “We are proud of our longstanding expertise and relationships within the banking and real estate communities, and are grateful for our clients in those industries who allow us to help them reach and exceed their public affairs goals.”
Banker & Tradesman conducts an annual online survey with the publication’s readers that measures the loyalty and support of the Bay State’s financial and real estate communities, and to recognize the companies from diverse industries such as public relations, legal, architecture and design, engineering, hospitality, web design, financial services, and many more.
For the fifth year in a row, Natixis Global Asset Management is helping to bring one of Boston’s best jazz events – the Berklee Beantown Jazz Festival – to the historic South End. The all-day, free outdoor event takes place on September 26 and features world class music, great food and a variety of family activities.
Boston-based Natixis, one of the world’s largest asset managers, is a presenting sponsor of the festival and will also present a $5,000 George Wein Jazz Ambassador Scholarship to a local high school student musician.
Natixis is a longtime supporter of Jazz and has launched the Jazz Ambassador Project, a series of events that celebrate jazz and give back to local communities. Earlier this summer, Natixis served as the presenting sponsor of the Newport Jazz Festival and awarded two scholarships to young jazz ambassadors. Natixis also partnered with the Boys & Girls Clubs in Newport and the Berklee College of Music in Boston so that 100 local children could experience a full day of Jazz and meet a performer at the Newport Jazz Festival.
The Jazz Ambassador Project is part of Natixis’ broader Ambassador Program, a community involvement initiative that supports fundamental social services that play a vital role in enhancing the quality of life in Boston. The goal is to increase collaboration between Natixis and the nonprofits it supports by building deeper relationships, sharing resources and providing strategic guidance to generate new ideas and improve outcomes.
The Beantown Jazz Festival is Boston’s biggest block party – drawing up to 80,000 music fans each year. The 15th annual festival takes place from noon to 6 p.m. on September 26 at Columbus Avenue between Mass. Ave and Burke Street.
Each year the Beantown Festival is the place to be, drawing music lovers with its unique combination of jazz, funk, Latin, pop and soul acts. The Natixis Family Park also offers a great way to introduce children to music through KidJam – a unique event featuring singing and sound exploration. It also gives kids the opportunity to play rhythm instruments and create, listen and respond to music.
This year’s Beantown Festival theme is “Jazz: the Voice of the People.” John Hailer, Natixis’ president and CEO, calls it a fitting tribute, as “jazz is a universal language that unites cultures and brings communities together.”
During the Festival, Natixis will present the George Wein Jazz Ambassador Scholarship, which enables a graduating high school senior to attend Berklee College of Music’s five-week summer performance program. This award was named in recognition of one of the original jazz ambassadors who spent his life working to bring people together through the power of jazz.
For more information on the Beantown Jazz Festival and a full schedule of events, please visit https://www.berklee.edu/beantownjazz.
Each month, American Consumer Credit Counseling invites consumers to participate in a poll focused on one central money-related theme. At the end of the month, the nonprofit organization analyzes all of the data collected and tell the story of the results in the form of creative and comprehensive infographics.
This month, ACCC examines the financial support that parents provide to adult children and how that impacts both the parents’ and the children’s financial wellbeing. To take the poll, click here or visit ACCC’s website for more information.