Bruce Thomas Herring joined the Financial Accounting Foundation (FAF) Board of Trustees on January 1, 2020. His term concludes on December 31, 2024.
Mr. Herring retired in 2018 as President of Strategic Advisers, a Fidelity Investments Company with approximately $340 billion in assets under management, capping a career at Fidelity that spanned more than three decades. As President, Strategic Advisers, he oversaw a team of 300 professionals focused on retail and workplace managed account solutions, wealth planning and personal trust offerings and guidance and planning methodologies.
Previously, Mr. Herring served as Chief Investment Officer for the Global Asset Allocation division that managed Fidelity’s multi-asset class fund and managed account offerings. In his prior role, he was Group Chief Investment Officer of Fidelity’s Equity division where he managed international and domestic funds and portfolio management teams. He also oversaw investment offices in London and Hong Kong. Earlier in his career, he was a portfolio manager running sector based, regional non-U.S., and U.S. equity portfolios for fifteen years. He also directed research in Tokyo and the U.S.
Mr. Herring has served for thirteen years as a Trustee for his alma mater, Babson College. During this time, he chaired the Affordability Task Force, the Investment Committee, and the Presidential Search Committee. Currently, he is the Vice Chair of the Babson College Board, a member of the Executive Committee, and Chair of the Investment Committee. For the past ten years, he has also been the Board Chair for RAW Art Works, a nonprofit that supports underserved youth on Boston’s north shore. He also is a member of the Olin College board of trustees and chairs their Investment Committee.
Mr. Herring graduated from Babson College with a B.S. in Finance and Investment in 1987. He is also a CFA charter holder.