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Arnold Herrmann, CPA

Partner

Arnold Herrmann is a partner with nearly three decades of experience in the areas of business management, wealth management, and tax compliance and reporting. As the firm’s Entertainment, Music & Sports Group co-practice leader, he serves as an advisor to high-profile individuals whose professional and personal lives require a sophisticated level of attention.
 
Prior to joining Citrin Cooperman, Arnie was a senior managing director at a financial consulting and business management firm.
 

For four consecutive years, Arnie has been named on The Hollywood Reporter's 'Top 25 Most Powerful Business Managers' list as well as having been named on Variety's 'Business Managers Elite' list. Arnie is widely known for his expertise in resolving the financial and business complexities of high-profile individuals in entertainment, as well as maintaining and building their wealth.
 
Arnie often serves as the point person in his clients’ financial lives, from negotiating business transactions, to implementing estate and charitable giving plans, to spearheading many other tax and accounting strategies.
 
Affiliations
Arnie is a member of the American Institute of Certified Public Accountants (AICPA) and the New York State Society of Certified Public Accountants (NYSSCPA). He currently serves as Secretary and Treasurer for the Board of Directors of the MusiCares Foundation Inc., an affiliated charity of The Recording Academy (GRAMMY), which provides critical assistance for music people in financial, medical, and personal emergencies, and Treasurer for the Irving Penn Foundation. In his local community, he is a Trustee and Treasurer of Jenna’s Rainbow Foundation, which is dedicated to children and families battling brain and spinal cord tumors.
 
Education & Licenses
Arnie earned his B.S. in Accounting from the State University of New York at Albany. He is a Certified Public Accountant in the State of New York.


Featured In

Sep 28, 2016

Citrin Cooperman's Arnie Herrmann is named one of the Top 25 Most Powerful Business Managers by The Hollywood Reporter more

Jan 11, 2016

Partner Arnold Herrmann is quoted in the International Business Times regarding the 2016 Golden Globes more

Apr 29, 2015

Citrin Cooperman received a flurry of press regarding our sponsorship of the Tribeca Film Festival. more

Apr 27, 2015

Citrin Cooperman is a proud industry sponsor of the Tribeca Film Festival. more

Oct 14, 2014

Partner Arnie Herrmann is named one of Hollywood Reporter’s Top Business Managers for the third time. more

Oct 03, 2013

Entertainment Partner Arnie Herrmann Re-Joins Hollywood Reporters Top 25 Power Business Managers more

Aug 16, 2010

Arnold J. Herrmann Elected to Board of Prestigious MusiCares Foundation more