Hancock Whitney Investment Services Inc. (New Orleans)

Name: Hancock Whitney Investment Services Inc.
Address: 701 Poydras St., New Orleans, LA, 70139
Telephone: 504-586-7290

Hancock Whitney Investment Services Inc. is a large advisory firm based in New Orleans. It manages $531.3 million of regulatory assets for 2,080 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Hancock Whitney Investment Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Hancock Whitney Investment Services: assets under management

The assets under management (AUM) of Hancock Whitney Investment Services Inc. is $531.3 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 10% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $531.3 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $255.43 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 75% of the total AUM. The second-largest asset type is exchange traded securities, which make up 17% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Hancock Whitney Investment Services Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Joseph S. Exnicios serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Joseph S. Exnicios is individuals with 1,981 clients and $309.01 million of assets under management. Among the 6 most similar advisory firms, Hancock Whitney Investment Services has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $531.3 million for 2,127 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Hancock Whitney Investment Services doesn't advise any private funds.

Careers at Hancock Whitney Investment Services Inc.

The company employs 78 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 67 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Joseph S. Exnicios has been acting as President since 1 Sep 2015. Miles Stuart Milton joined the executive team most recently as the Executive Vice President And Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Teresa Zeringue Lygate	Assistant secretary	1 May 2013	Other	6231642
Joy Lambert Phillips	Secretary	1 Sep 2015	Other	6561495
Joseph S. Exnicios	Director	1 Sep 2015	Other	6561482
Michael Maurice Achary	Director	1 Sep 2015	Other	6561492
Stuart Todd Nichoalds	Aml/bsa officer	1 Apr 2016	Other	6607342
David Joseph Palozzola	Vice president, director of brokerage operations	1 Sep 2016	Other	1537351
Douglas Shane Loper	Director, chairman	1 Sep 2016	Other	6477288
Ronald Joseph Deblanc	Vice president, cfo, senior asst. secretary & treasurer	1 Sep 2016	Other	1672968
Miles Stuart Milton	Executive vice president	1 Sep 2016	Other	1518016
Anthony Mark Cognevich	Vice president & chief compliance officer	1 Sep 2016	Other	1691888
James Hiroshi Fujinaga	President & ceo	1 Sep 2016	Other	1267377
Keith Paul Leblanc	Vice president, director of sales	1 Sep 2016	Other	2544732
Hancock Whitney Corporation	Shareholder	1 Mar 2017	75% - 100%	64-0693170
Patricia Kives Loupe	Assistant secretary	1 May 2017	Other	6796549
Bonnie Min Hwa Lew	Corporate tax officer	1 Apr 2018	Other	6940340
Miles Stuart Milton	Executive vice president and director	1 Jul 2018	Other	1518016
Anthony Mark Cognevich	Vp/cco and director	1 Jul 2018	Other	1691888
James Hiroshi Fujinaga	President/ceo and director	1 Jul 2018	Other	1267377

Based in New Orleans

The principal office where Hancock Whitney Investment Services Inc. performs its advisory services is located at 701 Poydras St., New Orleans, LA 70139, which is also the mailing address of the firm. An additional office of the firm is in Lake Charles, LA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 504-586-7290 or by fax 504-529-5994. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at hancockwhitney.com/personal-investment-services.