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2007 News Releases

For Immediate Release

March 28, 2007

Head of John Hancock Financial Network’s Largest Office Takes on New Role as Chairman

  • Gary Kaltenbach, Managing Partner of Signature Resources in California, focuses on strategies for future growth

Irvine– Signature Resources, the largest independent firm of John Hancock Financial Network (JHFN)*, is making management changes as it advances its vision as a premier wealth management organization, announces Peter Gordon, President and CEO of JHFN.

Gary Kaltenbach, CLU, ChFC, who has served as the firm’s Managing Partner for 24 years, is moving up to a new role as Chairman of Signature Resources. His two sons, Greg and Geoff Kaltenbach, will take on additional responsibilities for the day-to-day operations of the firm as Co-Managing Directors. In his new position, Gary will focus on a number of initiatives that will position the firm for future growth and accelerated business development. Among these projects is the implementation of a Registered Investment Advisor platform, which will expand the firm’s offerings in the investment advisory arena and broaden its ability to service the growing market demand for long-term retirement income strategies. He also intends to build additional strategic alliances among CPAs, attorneys, and other advisors while developing new training and development opportunities for financial representatives.

“We are excited for Gary to focus his expertise and creative energy on the firm’s strategic direction as he continues to drive the growth and success of Signature Resources,” says Gordon. “As Managing Partner of Signature Resources, Gary grew a one-office shop into one of the leading financial services organizations in California. At the same time, he’s demonstrated an unwavering commitment to helping clients achieve their financial goals and a dedication to the success of the firm’s financial representatives.”

“This is a dream come true for me. My greatest reward in this career has been to help our clients realize their dreams and to mentor and motivate our advisors as they grow their own practices,” says Gary Kaltenbach. “With Greg and Geoff continuing our family legacy and assuming more of the responsibility for the management of the firm, I now have the time to concentrate on programs and projects that will position Signature Resources for an even greater level of success to the benefit of our clients and associates.”

Gary Kaltenbach entered the financial services business as a life insurance sales representative and rapidly progressed on a career path in sales management. He built top performing agencies in Pittsburgh, PA and Los Angeles, before joining John Hancock in 1983 to start Signature Resources. Driven by his passion for helping people create their own financial security, Kaltenbach led his firm to receiving the Trophy Award, John Hancock’s highest honor, an unprecedented 7 times. He is a recognized industry leader, achieving the General Agents and Management Association’s (GAMA) Master Agency Builder and National Management awards nineteen times, and is often invited to share his expertise and successful management systems at industry events.

Both Geoff and Greg Kaltenbach have worked at Signature Resources for the past 16 years and have increasingly taken on more management responsibilities during that time. They have extensive experience in all aspects of leading a thriving financial services firm, including operations, financial administration, systems integration, sales, marketing, training, recruiting and practice management.

“Geoff and Greg have been taught by the best in the business, and have already proven themselves as exceptional managers over these many years with Signature Resources. We are very pleased to have them carry on this incredibly successful family tradition,” continues Gordon.

Signature Resources began with an office in Irvine serving the Orange County area, and today includes offices that reach throughout the state, including Mid-Wilshire, Artesia, Beverly Hills, Encino, Fresno, Sacramento, and San Diego. In addition, Signature Resources has offices across the country in these locations: Albuquerque, NM, El Paso, TX, Sparta, NC, and Chicago, IL. The firm currently has over 85 full-time financial representatives and administrative staff and more than $1 billion in assets under management. In addition, Signature Resources has over $12 billion of life insurance in-force which is a testament to the firm’s commitment to the long-term financial security of their clients, their families and their businesses. For more information, visit the website at www.signatureresources.net.

Gary, Greg and Geoff Kaltenbach attribute the success of Signature Resources to a company-wide focus on bringing together the art and science of wealth management to their clients and financial representatives. Using a holistic, highly personalized approach to understanding client needs, the firm prides itself on offering all the resources, experience and convenience required to help clients achieve their vision of financial success. “All three of us really enjoy working together and we are very excited to accelerate the growth of the firm into the future,” concludes Gary.

About John Hancock Financial Network, John Hancock and Manulife Financial
JHFN and its financial representatives assist families and businesses in building and protecting their wealth through a range of products and services in the areas of estate conservation, retirement planning, college savings, business succession, life and long-term care insurance as well as investment diversification. More information about JHFN may be found at its website (www.jhnetwork.com).

John Hancock is a wholly-owned subsidiary of Manulife Financial Corporation, a leading Canadian-based financial services group serving millions of customers in 19 countries and territories worldwide. Operating as Manulife Financial in Canada and Asia, and primarily through John Hancock in the United States, the Company offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were Cdn$414 billion (US$355 billion) as at December 31, 2006. Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘0945’ on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.

The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers a broad range of financial products and services, including life insurance, fixed and variable annuities, mutual funds, 401(k) plans, long-term care insurance, college savings and other forms of business insurance. Additional information about John Hancock may be found at www.johnhancock.com.

*John Hancock Financial Network is the service mark of John Hancock Life Insurance Company and its affiliated companies. Insurance products offered through John Hancock Life Insurance Company, Boston, MA 02117. Securities and Investment Advisory Services offered through Signator Investors, Inc., Member NASD, SIPC, a Registered Investment Advisor, 197 Clarendon Street, Boston, MA 02116. Signature Resources is independent of John Hancock Life Insurance Company and Signator Investors, Inc. Signature Resources is the service mark of Signature Resources Insurance and Financial Services, Inc.

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Melissa Simon Berczuk
Phone: 617-663-4750