Inspira Financial Taps Industry Veteran Chris Herman for Wealth Division
New York, Monday, 14 July 2025.
Inspira Financial appoints Chris Herman, a seasoned leader from Bank of America and Fidelity, as Executive VP to enhance its retirement and wealth management strategies, impacting 8 million clients.
A Strategic Leadership Appointment
Inspira Financial, a leading provider of health, wealth, retirement, and benefits solutions, has strategically appointed Chris Herman as Executive Vice President and Head of Retirement and Wealth, effective today, 14 July 2025 [1]. Herman’s appointment aligns with Inspira’s goals of expanding its influence in the competitive landscape of financial services by bolstering its investment strategies and enhancing its portfolio offerings [1].
Leadership Experience and Vision
Chris Herman joins Inspira with an impressive record from industry giants such as Bank of America and Fidelity Investments. With his expertise, Herman has been recognized for launching new products, revitalizing organizations, and leading operational teams towards achieving tangible results [1]. As he steps into his new role, Herman articulated his commitment to Inspira’s mission of empowering clients to secure a more stable financial future [1].
Inspira’s Client Base and Financial Reach
Inspira Financial delivers services to over 8 million individual and institutional clients and maintains assets under custody exceeding $62 billion [1]. The company collaborates with thousands of employers, plan sponsors, recordkeepers, and third-party administrators, making it a major player in the financial solutions sector [1]. This strategic leadership addition is anticipated to further solidify Inspira’s offerings within the realm of retirement and wealth management [1].
Herman’s Role in Future Growth
Herman’s role as EVP is set to drive Inspira Financial’s growth initiatives as the company continues to expand its service offerings in automatic rollover, health savings accounts, and custody services [1]. With the backdrop of his extensive industry experience, Herman is well-positioned to navigate Inspira through the intricacies of a dynamic financial market, ensuring sustained growth and enhanced client satisfaction [1].