THR's Power Business Managers 2013
Herrmann spent nearly two decades at a boutique firm before trading up to a larger one with more resources. That's of benefit to his distinguished clients: Scott Rudin, Martin Scorsese, Liam Neeson, Matt Lauer and Barbara Walters.
Herrmann concedes high earners bring more complex financial scenarios; it's not as simple as handing off dollars to Merrill Lynch. "If we do the job well, we can liberate the clients so they can make choices in their careers," he says. "Planning means they can choose to do those independent films if they wish."