Hanover Strategic Management, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
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
Expertise
Fee options
$0 - $500,000: 1.00% $500,001 - $1,000,000: 1.00% $1,000,001+: 1.00%
Hourly agreements may be signed if assets fall significantly below $25,000
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
One Hollis Street, Suite 208
Wellesley MA 02482-4631
Advisors at this office
2
Most active in
Massachusetts
Disclosures
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Business activities & affiliations
Is not active or affiliated with:
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Broker-dealer / trader
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Bank
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Advisors at this firm
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