Incapital is an underwriter and distributor of securities to 800+ broker-dealers, institutions, asset managers, RIAs and banks.

Hugh McHaffie, a former president of John Hancock Wealth Management, has joined Incapital as managing director of the firm's wealth management solutions unit.

McHaffie will lead Incapital's development and distribution of unit investment trusts, structured products and annuities through financial advisor, banking and broker-dealer communities.

“Hugh's senior management experience in product creation and wholesale distribution is an excellent fit for Incapital's expansion and diversification plans," said Incapital's CEO, John DesPrez.  

McHaffie led John Hancock Wealth Management for seven years - a division which offers mutual funds, retirement savings products and annuities. He also oversaw John Hancock's investment management services and served as president of the John Hancock Trust and John Hancock Funds II mutual fund complexes. Before that, he was senior vice president of individual business product management at MetLife.

Incapital has offices in Boca Raton, FL, Chicago, IL, New York City, Salt Lake City, UT, San Francisco, CA, and St Petersburg, FL.