FTI Consulting Adds Regulatory Risk and Compliance Expert Michael Herde to Financial Services Offering

Core Insights - FTI Consulting has appointed Michael Herde as a Senior Managing Director in its Forensic and Litigation Consulting segment, focusing on financial services [1][5] - Mr. Herde brings over 35 years of experience in financial services, particularly in risk and compliance, having held senior roles at major firms like Charles Schwab and Fidelity Investments [2][4] - His role will involve providing strategic compliance, risk management, and governance advice to clients, particularly in light of significant regulatory changes in the financial services industry [3][4] Company Overview - FTI Consulting is a global expert firm specializing in crisis and transformation, with over 8,300 employees across 34 countries as of December 31, 2024 [6] - The company reported revenues of $3.69 billion for the fiscal year 2024, indicating strong financial performance [6] Industry Context - The financial services industry is undergoing significant regulatory changes, necessitating firms to adhere to fundamental compliance practices [4] - The appointment of Mr. Herde is part of FTI Consulting's strategy to enhance its Financial Services offering, following other recent senior appointments [5]