Founding Member, Herrmann Dispute Resolution Services, LLC
174 Queen Street
Charleston, SC 29401
Since 2003 Jack Herrmann has supported Attorneys as a Consultant and testifying Expert to resolve disputes involving securities and investment-related matters of all types in federal and state court, before FINRA arbitration hearings, the SEC and state securities regulators. He participates in direct settlement negotiations and at mediations, and is a FINRA-trained neutral Arbitrator and Mediator.
Issues involve fiduciary duty, conflicts of interest, standards of care, sales practices, suitability, supervision, employment disputes, Ponzi schemes, money laundering, margin trading, federal and state regulatory matters, out-of-pocket and market-adjusted gains and losses, causation v. correlation v. coincidence, and other issues.
Clients represented include broker-dealers, banks, Registered Investment Advisors, brokers, Investment Advisor Representatives, Boards, Trustees, bankruptcy Trustees, court-appointed Receivers, individuals, families, businesses, class actions.
Jack Herrmann graduated from Phillips Academy in Andover, MA and from Washington and Lee University in Lexington, VA earning a Bachelor of Science degree with special attainments in Business Administration.
Jack Herrmann has over thirty (30) years of experience in the investment business, including serving clients as a broker, Portfolio Manager and founder of a private Registered Investment Advisory firm. His managerial assignments included serving as Branch Manager, Resident Managing Officer and a Manager of Branch Administration. He has provided investment consulting and advisory services to the U.S. Department of Justice in Washington, DC; a state agency; a state Bar Foundation; bankruptcy Trustees; law firms; private foundations; Trusts and Estates; businesses; professional groups; individuals and families.
For ten (10) years Jack Herrmann served on the Board of a private foundation, and the last three years served as Chair of the Finance and Investment Committee. That Committee monitors the Board's conformity with its fiduciary responsibility, and that of the Investment Advisor and Investment Managers. The foundation has current assets approximating $500 million.