The Hanover Group: Our Story and Services

The Hanover Group provides comprehensive wealth management to individuals and families, and fiduciary consulting services to corporate retirement plans and endowments.  We seek to build a long-term, consultative relationship with you based on trust, professional knowledge, frequent communication and prompt personal service. We employ a comprehensive approach tailored to your needs.   Our private client services include advising on such matters as education funding, retirement planning, asset allocation, investment management, and estate and liability planning.  Our institutional services include fiduciary consulting on investment and spending policies, asset allocation, manager due diligence and selection, and fiduciary education for trustees and board members.
Services Include
  • Wealth Management1
  • Estate Planning Strategies2
  • Financial Planning3
  • Retirement Planning4
  • 401(k) Rollovers
  • Asset Management5
  • Sustainable Investing6
  • Corporate Retirement Plans7
  • Long Term Care Insurance8
  • Endowments and Foundations9
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*

Investment Philosophy

Our Investment Philosophy has its foundation in leading academic research and industry best practices that incorporate Modern Portfolio Theory and Behavioral Finance and Economics. We believe:

• A portfolio’s asset allocation will be the primary determinate of investment results.

• Creating a portfolio with exposure to assets that behave differently in the same economic environment can help enhance the portfolio’s return and reduce its volatility.

• Diversification within an asset class can help reduce security specific risk and overall portfolio volatility.

• Over time, the return of an asset class will revert to its long-term average.

• Effort should be spent on creating a Strategic Asset Allocation to help you achieve long-term investment objectives.

• Investors have behavioral biases that will cause irrational and inefficient investment decisions.

• Rebalancing to strategic asset allocation targets is the method we have found to consistently “buy low” and “sell high”, thus helping reduce behavioral biases.



Asset allocation and diversification do not guarantee a profit or protect against a loss in a declining financial market.

Rebalancing does not protect against a loss in declining financial markets. There may be a potential tax implication with a rebalancing strategy. Investors should consult with their tax advisor before implementing such a strategy.

    Working With You

    • Wealth Management
      Our team employs a systematic, consultative process to help you achieve your life goals.

      Our process consists of a Discovery Interview in which we examine your current situation, the goals you would like to achieve, and how we can help you maximize the possibility of achieving your goals. We then schedule a Planning Meeting, where we present our assessment of your current situation and our recommendations for how we can bridge the gaps in order for you to reach your goals. We follow this with a Consensus Meeting in which we are ready to make a mutual decision about whether our team can add substantial value and whether we should proceed.

      You are under no obligation, nor will you be charged any fee for the work we have already done on your behalf. Should we both choose to work together, we commit to each other to work towards achieving everything that is important to you and your family and we execute the documents necessary to put your investment plan into motion. We will schedule a follow-up meeting in 45 days to help you organize new account paperwork paperwork and answer any questions you may have. Thereafter, we will schedule regular progress meetings to review any major changes in your personal or financial situation since our last meeting and adjust course accordingly.
    • Institutional Consulting
      The Hanover Group's team principals have over forty-five years of combined experience at Morgan Stanley advising endowments, retirement plans, and high net-worth families. We seek to build long-term, consultative relationships with our clients based on trust, professional knowledge, frequent communication and prompt personal service. Our process entails fiduciary consulting coupled with an open-architecture, fee-based investment platform in order to help institutions achieve the mission of their service.

    Clients

    Our typical Wealth Management clients are busy professionals or active retirees who value their time and choose to delegate the task of managing their financial affairs so they can focus on other areas of their lives that give them greater satisfaction. They value simplicity, comprehensive financial planning, evidence-based investment solutions and professional expertise. We want to get to know our clients and understand what is most important to them.

    Our typical Institutional client is a retirement plan sponsor or not-for-profit organization seeking impartial, fiduciary advice on how best to serve their constituents. Most are led by unpaid volunteers who are not experts in the complex legal and regulatory framework which governs their conduct, and they rely on us to help them implement best practices as stewards of assets which have been entrusted to their care.

      Experience

      The Hanover Group at Morgan Stanley is a five-person Wealth Management team consisting of three financial advisors and two support staff who work closely together on your behalf. All of our clients are clients of the entire team. Our credentialed financial advisors have more than 50 years of combined experience at Morgan Stanley working with clients like you.

      Peter A. Stern Peter has been advising clients at Morgan Stanley since 1997. He holds the Chartered Retirement Plans SpecialistSM and Accredited Investment Fiduciary designations. Prior to joining Morgan Stanley he worked as an investment banker at JP Morgan, Paine Webber and Swiss Bank Corporation Peter is a graduate of Brown University (BA) and the Tuck School of Business at Dartmouth College (MBA)

      John T. Souther, CFA®(r), CFP®(r) John has been advising clients at Morgan Stanley since 2002. He is a Chartered Financial Analyst™, a Certified Financial Planner, and holds the Accredited Investment Fiduciary designation. He is a graduate of the College of Holy Cross (BA).

      Amelia Ihlo Amelia joined the Hanover Group in 2016. Prior to joining Morgan Stanley, Amelia spent ten years working in private equity. She is a graduate of Bentley University (BS).

        Location

        203 Heater Rd
        Lebanon, NH 03766
        US
        Direct:
        (603) 442-7900(603) 442-7900

        Meet The Hanover Group

        About Me

        John is a member in The Hanover Group, focusing on advanced financial planning to families and institutional consulting to foundations and endowments. He leads the team’s asset allocation and investment manager due diligence efforts.
        Securities Agent: NH, WI, VT, VA, UT, TX, SC, RI, PA, OR, OH, NY, NJ, ND, NC, MO, MI, ME, MD, MA, KS, IL, GA, FL, DE, DC, CT, CO, CA, AZ, AK; Managed Futures; Transactional Futures/Commodities; General Securities Representative; Investment Advisor Representative
        NMLS#: 178838

        About Me

        Peter is a member of The Hanover Group, focusing on advanced financial planning for families and institutional consulting to retirement plan sponsors.  He helps retirement plan sponsors understand and manage their fiduciary responsibilities to retirement plan participants.
        Securities Agent: NH, WI, WA, VT, VA, UT, TX, SD, SC, RI, PR, PA, OR, OH, NY, NV, NM, NJ, NE, ND, NC, MS, MO, MN, MI, ME, MD, MA, IN, IL, GA, FL, DE, CT, CO, CA, AR, AK; General Securities Representative; BM/Supervisor; Investment Advisor Representative
        NMLS#: 175271

        About Me

        Amelia is a member of The Hanover Group, focusing on advanced financial planning for families. She helps clients identify, articulate, and prioritize their financial goals and formulate and manage a plan to help them achieve their goals.
        Securities Agent: TX, NH, WI, WA, VT, VA, UT, SC, RI, PA, OR, OH, NY, NJ, ND, NC, MO, MI, ME, MD, MA, IL, GA, FL, DE, DC, CT, CO, CA, AZ, AK; General Securities Representative; Investment Advisor Representative
        NMLS#: 1578039

        About Me

        Brenna joined the Hanover Group in 2013. She is responsible for the day-to-day operations of the team as well as all aspects of client service.

        About Me

        Dennis joined the group in 2017 with 10 years of related industry experience. Prior to Morgan Stanley Dennis served in a similar capacity at Computershare.  He is responsible for the day to day operations of the branch and customer service inquires, assisting The Hanover Group with client account maintenance, money movement and marketing material.

         
        Investment and Market Perspectives

        On the Markets

        Retirement

        Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
        • 401(k) Rollovers
        • IRA Plans
        • Retirement Income Strategies
        • Retirement Plan Participants
        • Annuities
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        Investing

        Working closely with you to guide your wealth and investments through the most challenging market cycles.
        • Asset Management
        • Wealth Planning
        • Traditional Investments
        • Alternative Investments
        • Impact Investing
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        Family

        Creating customized financial strategies for the challenges that today's families face.
        • Estate Planning Strategies
        • 529 Plans / Education Savings Planning
        • Long Term Care Insurance
        • Special Needs Planning
        • Trust Services
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        Business Planning

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        • Succession Planning
        • Business Planning
        • Retirement Plan Sponsors
        • Qualified Retirement Plans
        • Corporate Pension Funds
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        Philanthropy

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        • Endowments
        • Foundations
        • Donor Advised Funds
        • Impact Investing
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        Market Information Delayed 20 Minutes
        Certified Financial Planner™ Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP® (with flame logo)® in the U.S., which it awards to individuals who successfully complete CFP® Board's initial and ongoing certification requirements.

        1Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.

        2Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.

        3Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences.

        4Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.

        5Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.

        6The returns on a portfolio consisting primarily of Environmental, Social and Governance (“ESG”) aware investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because ESG criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria.

        7Tax laws are complex and subject to change. Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice and are not “fiduciaries” (under ERISA, the Internal Revenue Code or otherwise) with respect to the services or activities described herein except as otherwise provided in writing by Morgan Stanley and/or as described at www.morganstanley.com/disclosures/dol . Individuals are encouraged to consult their tax and legal advisors (a) before establishing a retirement plan or account, and (b) regarding any potential tax, ERISA and related consequences of any investments made under such plan or account.

        8Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.

        9Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.

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        The securities/instruments, services, investments and investment strategies discussed in this material may not be suitable for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.

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        *References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.


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