|
Donald
R. Herrmann has been a Structured Settlement Consultant for 19 years.
He joined International Structured Settlement Services,
Inc. in 1984 and Summit Services in 1995. Don is CEO of Don Herrmann Agency, Inc, and Dakota Structured
Settlements, Inc. He has
testified as an expert witness in 132 cases regarding Structured Settlements,
annuities and other investments.
Mr.
Herrmann specializes in the advance uses of Structured Settlements to resolve
Workers Compensation claims. Mr. Herrmann is a member of the National
Structured Settlement Trade Association, National Association of Security
Dealers, National Association of Life Underwriters and the National Financial
Planners. For added security, Don carries Errors&Omissions Liability for his insurance
clients plus an extra E&O for structured settlements.
Don
has been a resident of Rapid City, South Dakota for 28 years. He served in the United States Navy
from 1963 to 1968, winning various commendations
in Europe, the Caribbean, Africa, Asia, South East Asia and the Mediterranean.
Mr. Herrmann completed his B.S. in Business Finance and Economics as well as a Composite
Major in Social Sciences at Black Hills State University, Spearfish, South
Dakota and Columbia University. Currently, Mr. Herrmann is studying for
his CLU, CHFC.
Don graduated from the Goodyear Executive Management
Program in 1974 and was a manager with G&N Enterprises from 1975 to
1981. From 1981 to 1996, Don
completed 15 years with the Prudential Preferred Insurance Agencies as a Pension Specialist, Preferred Agent and Graduate of the Young Lions
Fraternity. Mr. Herrmann has been the President and owner of Don Herrmann
Agency, Inc., and Dakota Structured Settlements, Inc.of South Dakota since 1993.
He
specializes in design solutions for Structured Settlements, charitable, education, estate, annuities,
and retirement planning, including investment and asset allocation
recommendations. Don is a registered representative of Princor
Financial Services. He also is a recognized specialist in employee benefit
programs, group health, life, dental and disability insurance plans, pension
plans and deferred compensation plans. Mr. Herrmann has been a guest
lecturer for legal, charitable and estate councils in Nebraska, Iowa, South
Dakota, Montana and Wyoming.
Don has this piece of advice
for individual planning of assets. " The best
Financial Plan a person can have is their own plan. It starts with a
financial statement, learned professionals for advice and second opinions, your
family, keeping track of where you have been financially, where you
currently are, and the setting of future goals".
Don
Herrmann is currently licensed with 56 Insurance Companies in the State of South
Dakota and is licensed to do business in the States of North and South Dakota,
Wyoming, Montana, Connecticut, Nebraska, New Mexico, Rhode Island, North
Carolina, Virginia, Washington, Colorado, and Pennsylvania with 33 of those 56
Insurance Companies. Don has consistently filed over 80 hours
of continuing educational credits per year.
MR. HERRMANN CARRIES PROFESSIONAL ERRORS AND OMISSIONS LIABILITY INSURANCE WITH
NATIONAL CASUALTY COMPANY.
|