Michael Herbst Email & Phone Number

Chapel Hill, Nc, Us

Boston, Ma, Us

Chicago, Il, Us

• Led global cross-functional team that expanded global databases of ~20,000 models and managed accounts; designed Strategy data methodology used to map +140,000 vehicles; and created ~110 new datapoints to drive Morningstar proprietary analytics, Direct, Data Solutions, Reporting Solutions, Advisor Workstation. • Facilitated consumption and utilization of Morningstar Managed Investment Data by top tier asset managers, wealth management home offices and institutional clients.• Member of global leadership team that scaled global data development pipeline and program management via utilization of multiple tools (Asana, Jira) and proactive mentoring of early/mid-career talent.

• Managed private client accounts and led ETF due diligence on team overseeing $52 billion in AUM; investment committee voting member with fiduciary oversight over $19 billion in multi-asset strategies.• Helped grow team’s AUM from $13 billion to $52 billion; facilitated integration of 10-member portfolio management team across IT, governance, risk control, product, marketing; collaborated across portfolio construction, governance, product, marketing to relaunch a $3 billion suite of multi-asset strategies with a tax-optimization overlay and to design and launch two new multi asset strategies with $1 billion in AUM. • Investment Specialist for global multi-asset team with $100 billion in AUM for institutional and private clients; strategies covered included benchmark-relative, objective-oriented, cash/synthetic exposure, active/passive management; communicated investment strategies, performance/risk, positioning to clients in print, presentations, due diligence reviews, client meetings and RFPs.

Chicago, Il, Us

• Led 25-member team assigning Morningstar Analyst Rating for Funds to ~1200 strategies; managed team's performance, compensation, recruiting, training, workflow; voting member of Morningstar Analyst Ratings Committee with outperformance of highest-rated funds ranging from 70% to 100% across asset classes; co-designed Morningstar Analyst Rating for Funds and Morningstar Manager Research Services. • Maintained due diligence on 300+ strategies across fixed income (core, high yield, emerging markets, inflation-protected, nontraditional), equities (domestic, global, emerging markets, long/short), and multi asset managers (global allocation, absolute return, income-oriented, target date); primary firms covered included PIMCO, BlackRock, GMO, Franklin Templeton, Loomis Sayles, Wellington, Western Asset, Capital Group, UBS, Vanguard, Goldman Sachs, Guggenheim, TCW/Metropolitan West. • Led LEAN quality review to shorten cycle time and evolve CMS platform for 110-member global manager research team; experienced presenter and public speaker; coordinator and moderator for annual Morningstar Investment Conference; quoted frequently in Wall Street Journal, Bloomberg, CNBC, P&I, Barron's.

Us

• Consulting manager for 11 clients with $7 billion in AUM comprising endowments, foundations, DB/DC plans; produced/presented performance reports, program reviews and white papers.

Chicago, Il, Us

• Co-designed rating methodologies/reporting for Morningstar Target-Date Fund Series Rating.• Managed workflow, performance, compensation, training and recruiting for 4-analyst team.• Maintained due diligence and written analyses on 80+ investment strategies across all asset classes.

• Secured >$1 million for 175 performances, 225 workshops, 7 recordings, 23 new works co-sponsored by University of Pennsylvania, U.S. Congressman Raul Grijalva, others; funders included Pew Charitable Trusts, Rockefeller Foundation, Nathan B. Cummings Foundation, Chamber Music America, Meet The Composer, John S. and James L. Knight Foundation, Aaron Copland Fund for Music. • Performed globally on saxophones, bass clarinet, oboe, English horn and flute with Antibalas, Medeski Martin & Wood, Binky Griptite, Victor Axelrod, Jordan McLean, Nomo, Saturday Looks Good To Me; recorded for BlueNote, Polyvinyl, NinjaTune, Afrosound labels; conducted 250+ rehearsals for University of Michigan, Interlochen Arts Academy; private study with composer and multi-instrumentalist Dr. Makanda Ken McIntyre.

Mba, Finance, Entrepreneurship

B.A. And B.M.A., English (With Honors) And Oboe Performance