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Hanover Strategic Management, LLC

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Client assets under management

$120,497,452

Clients

43

28% high-net worth

Advisors

2

of 3 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

22

Low

Average account size

$2,802,266

About

Hanover Strategic Management, LLC provides discretionary and non‑discretionary investment management to individuals, trusts, charitable organizations and other entities, operating with a relatively small client roster of 43 accounts and approximately $120.5 million in total assets under advisement. The firm documents client goals and restrictions through an Investment Management Agreement and Investment Policy Statement and generally requires a stated account minimum of $250,000.

The firm’s investment approach is value‑oriented, combining fundamental research with quantitative analysis to identify opportunities and emphasize sector‑level positioning relative to a broad market benchmark; portfolios are globally diversified to manage traditional market risk. Hanover may implement long‑term and short‑term positions and, when appropriate, more active tactics such as short sales, margin and options, and it uses a sector analysis model and periodic performance attribution to monitor allocations.

Distinctive features include a small, senior advisory team with institutional fixed‑income and asset‑management experience and a history of operating a long/short hedge fund (the Hanover Strategic Value Fund LP, closed in 2017), which indicates familiarity with more complex strategies beyond typical long‑only management. The firm manages the majority of its client assets on a discretionary basis, performs at least monthly account reviews, and provides written performance updates and attribution reports on request while maintaining internal compliance and personal‑trading oversight.

Client services

Portfolio management

Expertise

Active portfolio management

Fee options

Percentage

$0 - $500,000: 1.00% $500,001 - $1,000,000: 1.00% $1,000,001+: 1.00%

Project-based

Hourly agreements may be signed if assets fall significantly below $25,000

Other

Account minimum: $250,000 Minimum fee: Minimum annual fee of $500 charged when account falls below $50,000; $125 minimum annual fee for clients receiving ongoing asset management services

Main office location

Hanover Strategic Management, LLC

One Hollis Street, Suite 208

Wellesley MA 02482-4631, United States

Number of offices

1

Most active in

Massachusetts

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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