Developer docs
API playgroundTry for free, no card

Search company profiles

Federated Hermes

Full company profile

uuid0002ib9

Namestring
Federated Hermes
Legal namestring
Federated Hermes, Inc.
Company typeenum
Public
Founded yearint
1955
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersPittsburgh, United States
HQ citystring
Pittsburgh
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices5 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
asset management, investment management, equity fixed income, money market funds, institutional investing
Industry1 code
1Managed Account Platforms (Separately Managed Accounts / Customized Portfolios)
CodeFSAHAKACPrimaryYes
NAICS code2 codes
  • Portfolio Management and Investment Advice523940
  • Open-End Investment Funds525910
SIC code1 code
  • Investment Advice6282
Product category
Asset Management
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model4 records
1Asset Management Fees
TypeSubscription Recurring
Description

Management fees charged as a percentage of assets under management across money market funds, fixed income, equity, and alternative investment strategies. Fees vary by product type and client size.

simplywall.st
2Investment Advisory Services
TypeSubscription Recurring
Description

Advisory fees for separately managed accounts and institutional mandates, typically based on AUM percentage

seekingalpha.com
3Distribution and Service Fees
TypeProfessional Services
Description

Revenue from fund distribution, shareholder services, and other operational fees

fool.com
4Performance Fees
TypeManaged Services
Description

Carried interest and performance-based fees from alternative investment products including private equity, real estate, and hedge fund strategies

financialpost.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Pricing details3 tiers
1Federated Hermes Ultrashort Bond ETF (FUSD) - 0.18% net expense ratio
ModelSubscriptionBilling cadenceAnnual
Notes

Actively managed ETF investing in investment-grade debt with effective duration of one year or less. Net expense ratio of 0.18%.

stocktitan.net
2Federated Hermes International Leaders ETF (FHIL) - 0.48% net expense ratio
ModelSubscriptionBilling cadenceAnnual
Notes

Actively managed international equity ETF with net expense ratio of 0.48%. Targets 60-85 undervalued developed-market stocks.

prnewswire.com
3Money Market Funds - Variable expense ratios based on fund size and share class
ModelSubscriptionBilling cadenceAnnual
Notes

Money market funds have tiered expense structures with lower ratios for institutional share classes. Management fees typically 0.10-0.50% depending on strategy.

financialpost.com
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 3 records shown
1MDT Advisers
Description

Quantitative investment management platform using proprietary machine-learning processes to evaluate companies

federatedhermes.com
+2 more records
Core offering1 text field

Federated Hermes is a global investment management firm that provides equity, fixed-income, money market/liquidity, and alternative investment solutions to institutional investors, financial advisors, and intermediaries. The firm manages $907.1 billion in assets under management across mutual funds, ETFs, closed-end funds, separately managed accounts, institutional separate accounts, private markets, and digital asset treasury funds.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • MDT Mid Cap Growth Fund outperformed 99.6% of peer funds over 5 years
+2 more records
Product overview1 text field

Federated Hermes operates as a diversified asset management firm offering a comprehensive suite of investment products including mutual funds, exchange-traded funds (ETFs), closed-end funds, separately managed accounts, and private markets strategies. The firm's product architecture includes equity strategies (such as MDT Mid Cap Growth Fund and MDT All Cap Core Fund), fixed income solutions (including the Ultrashort Bond ETF and Corporate Bond Strategy Portfolio), liquidity management products (money market funds including the GENIUS Act-compliant Digital Treasury Fund), and alternative investments (through the acquired FCP real estate platform). The company also offers tax-aware strategies through its partnership with Franklin Templeton's Canvas platform. As of March 2026, Federated Hermes manages $907.1 billion in total assets under management across over 11,000 institutional and intermediary clients worldwide.

Product and service1 record
1MDT All Cap Core Fund
Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-06-19
Description

Franklin Templeton's Canvas platform launched a Preferred Partner Program (P3) enabling third-party asset managers including Federated Hermes to offer tax-managed versions of their proprietary investment strategies with systematic tax overlay capabilities. The program provides features including tax-loss harvesting, tax-aware transitions, and after-tax reporting at the individual account level.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-07-01
Description

Joint launch of tokenized money market fund infrastructure as part of BNY and Goldman Sachs system integrating money market fund subscriptions on both platforms simultaneously. BNY handles custody and investor access through LiquidityDirect, with blockchain layer via GS DAP.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-07-01
Description

Goldman Sachs runs the blockchain layer via GS DAP for tokenized money market fund initiative alongside BNY, BlackRock, Fidelity Investments, Federated Hermes, and BNY Investments Dreyfus.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-07-01
Description

BlackRock participates in tokenized money market fund initiative alongside BNY, Goldman Sachs, and Federated Hermes.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-07-01
Description

Fidelity Investments participates in tokenized money market fund initiative as part of industry-wide adoption of tokenized fund products.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Diversified active asset manager offering mutual funds, ETFs (including QQQ), and institutional SMAs across equity, fixed income, and alternatives. Closely comparable in product mix, distribution model, and active-management heritage.

TypeDirect peer
Description

Multi-asset active manager with mutual funds, ETFs, and alternatives. Direct competitor in equity, fixed income, and multi-asset strategies, and a current distribution partner via the Canvas P3 platform.

TypeDirect peer
Description

Active asset manager with strong institutional retirement and intermediary distribution, mirroring Federated Hermes' institutional client focus and active equity/fixed-income product suite.

TypeDirect peer
Description

Multi-boutique active manager with shared franchise and ETF offerings, comparable in active-equity heritage, intermediary distribution, and multi-affiliate model.

TypeDirect peer
Description

Multi-boutique active asset manager offering mutual funds, ETFs, and SMAs across equity and fixed income. Comparable in scale, distribution via intermediaries, and active-management heritage.

TypeDirect peer
Description

Specialty active manager focused on real assets and income strategies, comparable to the alternatives/real estate expansion at Federated Hermes through FCP and Hermes Infrastructure.

TypeDirect peer
Description

High-conviction active equity and fixed-income manager distributed primarily through intermediaries, comparable in active management DNA and advisor-focused distribution.

TypeBroad incumbent
Description

Largest global asset manager, leading ETF franchise (iShares), and co-developer with Federated Hermes in the tokenized money market initiative. Operates across the full asset management stack at much greater scale.

TypeBroad incumbent
Description

Large-scale fixed-income and real-assets manager affiliated with TIAA, comparable in fixed-income and alternatives focus with strong institutional client base.

TypeDirect peer
Description

ETF-focused asset manager with active and thematic strategies, comparable in ETF wrapper expansion (FUSD, FHIL) and product innovation in differentiated equity and fixed-income exposures.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability1 record

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles15 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries16 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment2 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Federated Hermes

Asset Managementfederatedhermes.com

Federated Hermes firmographics

Firmographics
Name
Federated Hermes
Legal name
Federated Hermes, Inc.
Website
https://federatedhermes.com
Company type
Public
Founded year
1955
Operating status
Operating
Headcount range
1,001–5,000 employees
Ownership category
akta.pro rank

Federated Hermes industry classification

Industry
Product category
Asset Management
NAICS
Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)
SIC
Investment Advice (6282)
akta.pro primary industry
Managed Account Platforms (Separately Managed Accounts / Customized Portfolios) (FSAHAKAC)

Keywords

  • Asset management
  • Investment management
  • Equity fixed income
  • Money market funds
  • Institutional investing

Where Federated Hermes is headquartered

Location

Headquarters

HQ city
Pittsburgh
HQ country
United States
HQ region
North America

Offices5 records

Markets served

Federated Hermes business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. Asset Management Fees: Management fees charged as a percentage of assets under management across money market funds, fixed income, equity, and alternative investment strategies. Fees vary by product type and client size.
  2. Investment Advisory Services: Advisory fees for separately managed accounts and institutional mandates, typically based on AUM percentage
  3. Distribution and Service Fees: Revenue from fund distribution, shareholder services, and other operational fees
  4. Performance Fees: Carried interest and performance-based fees from alternative investment products including private equity, real estate, and hedge fund strategies

Pricing tiers

ModelBillingPrice
SubscriptionAnnualFederated Hermes Ultrashort Bond ETF (FUSD) - 0.18% net expense ratio
SubscriptionAnnualFederated Hermes International Leaders ETF (FHIL) - 0.48% net expense ratio
SubscriptionAnnualMoney Market Funds - Variable expense ratios based on fund size and share class

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Federated Hermes product offering

Product offering

Core offering

Federated Hermes is a global investment management firm that provides equity, fixed-income, money market/liquidity, and alternative investment solutions to institutional investors, financial advisors, and intermediaries. The firm manages $907.1 billion in assets under management across mutual funds, ETFs, closed-end funds, separately managed accounts, institutional separate accounts, private markets, and digital asset treasury funds.

Product overview

Federated Hermes operates as a diversified asset management firm offering a comprehensive suite of investment products including mutual funds, exchange-traded funds (ETFs), closed-end funds, separately managed accounts, and private markets strategies. The firm's product architecture includes equity strategies (such as MDT Mid Cap Growth Fund and MDT All Cap Core Fund), fixed income solutions (including the Ultrashort Bond ETF and Corporate Bond Strategy Portfolio), liquidity management products (money market funds including the GENIUS Act-compliant Digital Treasury Fund), and alternative investments (through the acquired FCP real estate platform). The company also offers tax-aware strategies through its partnership with Franklin Templeton's Canvas platform. As of March 2026, Federated Hermes manages $907.1 billion in total assets under management across over 11,000 institutional and intermediary clients worldwide.

Differentiator

Problem solved

Functional benefit

Brands

  • MDT Advisers: Quantitative investment management platform using proprietary machine-learning processes to evaluate companies
  • Hermes Investment Management
  • MDT

Products and services

  • MDT All Cap Core Fund

Quantifiable outcome

  • MDT Mid Cap Growth Fund outperformed 99.6% of peer funds over 5 years
  • +2 more outcomes

Companies that use Federated Hermes

Customer profile

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Federated Hermes technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature3 records

Federated Hermes partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core.

  • Franklin Templeton (Canvas P3)coreChannel Partner/ Reseller/ Distributor · 19 June 2026Franklin Templeton's Canvas platform launched a Preferred Partner Program (P3) enabling third-party asset managers including Federated Hermes to offer tax-managed versions of their proprietary investment strategies with systematic tax overlay capabilities. The program provides features including tax-loss harvesting, tax-aware transitions, and after-tax reporting at the individual account level.
  • BNY MelloncoreStrategic or Co-development Partner · 1 July 2025Joint launch of tokenized money market fund infrastructure as part of BNY and Goldman Sachs system integrating money market fund subscriptions on both platforms simultaneously. BNY handles custody and investor access through LiquidityDirect, with blockchain layer via GS DAP.
  • Goldman Sachs Asset ManagementcoreStrategic or Co-development Partner · 1 July 2025Goldman Sachs runs the blockchain layer via GS DAP for tokenized money market fund initiative alongside BNY, BlackRock, Fidelity Investments, Federated Hermes, and BNY Investments Dreyfus.
  • BlackRockcoreStrategic or Co-development Partner · 1 July 2025BlackRock participates in tokenized money market fund initiative alongside BNY, Goldman Sachs, and Federated Hermes.
  • Fidelity InvestmentscoreStrategic or Co-development Partner · 1 July 2025Fidelity Investments participates in tokenized money market fund initiative as part of industry-wide adoption of tokenized fund products.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Federated Hermes competitors and assessment

Company assessment

Direct peers

  • Invesco: Diversified active asset manager offering mutual funds, ETFs (including QQQ), and institutional SMAs across equity, fixed income, and alternatives. Closely comparable in product mix, distribution model, and active-management heritage.
  • Franklin Resources (Franklin Templeton): Multi-asset active manager with mutual funds, ETFs, and alternatives. Direct competitor in equity, fixed income, and multi-asset strategies, and a current distribution partner via the Canvas P3 platform.
  • T. Rowe Price: Active asset manager with strong institutional retirement and intermediary distribution, mirroring Federated Hermes' institutional client focus and active equity/fixed-income product suite.
  • Victory Capital: Multi-boutique active manager with shared franchise and ETF offerings, comparable in active-equity heritage, intermediary distribution, and multi-affiliate model.
  • Virtus Investment Partners: Multi-boutique active asset manager offering mutual funds, ETFs, and SMAs across equity and fixed income. Comparable in scale, distribution via intermediaries, and active-management heritage.
  • Cohen & Steers: Specialty active manager focused on real assets and income strategies, comparable to the alternatives/real estate expansion at Federated Hermes through FCP and Hermes Infrastructure.
  • Artisan Partners: High-conviction active equity and fixed-income manager distributed primarily through intermediaries, comparable in active management DNA and advisor-focused distribution.
  • WisdomTree: ETF-focused asset manager with active and thematic strategies, comparable in ETF wrapper expansion (FUSD, FHIL) and product innovation in differentiated equity and fixed-income exposures.

Broad incumbents

  • BlackRock: Largest global asset manager, leading ETF franchise (iShares), and co-developer with Federated Hermes in the tokenized money market initiative. Operates across the full asset management stack at much greater scale.
  • Nuveen (TIAA): Large-scale fixed-income and real-assets manager affiliated with TIAA, comparable in fixed-income and alternatives focus with strong institutional client base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Federated Hermes social profiles

Digital presence

Federated Hermes financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Federated Hermes leadership team

Management profile

Number of profiles

Profiles15 records

Federated Hermes subsidiaries and ownership

Company hierarchy

Subsidiaries16 records

Federated Hermes funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Federated Hermes M&A and investment

M&A and investment

M&A3 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Federated Hermes

What does Federated Hermes do?

Federated Hermes is a global investment management firm that provides equity, fixed-income, money market/liquidity, and alternative investment solutions to institutional investors, financial advisors, and intermediaries. The firm manages $907.1 billion in assets under management across mutual funds, ETFs, closed-end funds, separately managed accounts, institutional separate accounts, private markets, and digital asset treasury funds.

Is Federated Hermes a public or private company?

Federated Hermes is a public company. It is classified as public and is currently operating.

When was Federated Hermes founded?

Federated Hermes was founded in 1955. It employs 1,001 to 5,000 people.

Where is Federated Hermes based?

Federated Hermes is headquartered in Pittsburgh, United States, in the North America region.

How does Federated Hermes make money?

Four revenue lines are on record. Asset Management Fees are the primary driver. The others are investment Advisory Services, distribution and Service Fees and performance Fees.

Who are Federated Hermes's main competitors?

Direct peers on record are Invesco, Franklin Resources (Franklin Templeton), T. Rowe Price, Victory Capital, Virtus Investment Partners, Cohen & Steers, Artisan Partners and WisdomTree. Broad incumbents are BlackRock and Nuveen (TIAA).

Does Federated Hermes have an API?

No public API is recorded for Federated Hermes.

What industry is Federated Hermes in?

Federated Hermes's product category is Asset Management. Its primary akta.pro industry code is FSAHAKAC, Managed Account Platforms (Separately Managed Accounts / Customized Portfolios). Its NAICS code is 523940 and its SIC code is 6282.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
American Banking and Market NewsReviewing Federated Hermes (NYSE:FHI) and Bank of New York Mellon (NYSE:BNY)Bank of New York Mellon and Federated Hermes are compared on valuation, earnings, risk, and dividends. BNY Mellon beats Federated Hermes on 11 of 17 factors, with a higher consensus price target and institutional ownership. Federated Hermes offers a higher dividend yield but lower profitability.Yahoo1 Small-Cap Stock with Impressive Fundamentals and 2 We Brush OffFederated Hermes (FHI) is recommended as a small-cap buy, while Arhaus (ARHS) and Concrete Pumping (BBCP) are advised against. ARHS shows declining EPS and weak same-store sales, BBCP faces end-market challenges, and FHI is an investment management firm.Ticker ReportFederated Hermes MDT Large Cap Growth ETF (NYSEARCA:FLCG) Short Interest UpdateShort interest in Federated Hermes MDT Large Cap Growth ETF fell 53.8% to 16,454 shares as of September 15th. The fund's stock traded up $0.04 to $35.60, and several institutional investors increased their stakes in the second quarter.Markets DailyFederated Hermes Total Return Bond ETF (NYSEARCA:FTRB) Sees Large Drop in Short InterestShort interest in Federated Hermes Total Return Bond ETF fell 63.8% to 130,309 shares as of September 15th. Several hedge funds increased their stakes, including Envestnet and Wilkerson Advisory Group. The ETF traded down $0.05 to $24.03 on Tuesday.Markets DailyFederated Hermes MDT Large Cap Value ETF (NYSEARCA:FLCV) Shares Shorted: Short Interest Up 190.1% in SeptemberShort interest in Federated Hermes MDT Large Cap Value ETF rose 190.1% to 39,004 shares as of September 15th. The ETF shares traded up 0.6% to $36.54, with institutional investors increasing positions, including Eastern Bank's stake up 227%.Bisnow£400M Milton Park Stake On The Block In Top UK Science Park SaleFederated Hermes is selling a 50% stake in Oxfordshire's Milton Park innovation campus for about £400M, with the park's total enterprise value around £800M. The 302-acre park, home to over 280 occupiers, has been marketed for the first time since 1984.Portfolio AdviserWhy this isn’t a ‘one-and-done’ moment for US SMID capsUS small and mid caps outperformed large caps in 2026, with the Russell 2000 rising 17.2% versus the S&P 500's 14.3%. The rally is driven by earnings growth, with Russell 2500 earnings expected to outpace the S&P 500 by 10-20 percentage points. Experts see this as a potential long-term shift, though some sectors remain hard to value.Defense WorldFederated Hermes Premier Municipal Income Fund (FMN) To Go Ex-Dividend on September 23rdFederated Hermes Premier Municipal Income Fund declared a monthly dividend of $0.045 per share, payable October 1st to shareholders of record September 23rd. The dividend yields 5.2% annually. The fund, a closed-end municipal bond fund, opened at $10.41 on Monday.EsgtodayFederated Hermes Appoints Martin Jarzebowski as Head of Thematic & Responsible Investing - ESG TodayFederated Hermes appointed Martin Jarzebowski as Head of Thematic & Responsible Investing. He brings over 18 years of experience at the firm, most recently as Director of Thematic & Responsible Investment. He will lead firmwide thematic research, sustainable finance, and stewardship intelligence across equity, fixed income, private markets, and liquidity strategies.Ticker ReportContrasting Federated Hermes (NYSE:FHI) & Prospect Capital (NASDAQ:PSEC)Federated Hermes outperforms Prospect Capital across 15 of 18 compared factors, including higher revenue, earnings, and a lower P/E ratio. Analysts rate Federated Hermes more favorably with a consensus price target of $57.40 versus $2.00 for Prospect Capital. Federated Hermes also pays a sustainable dividend, while Prospect Capital's payout exceeds earnings.