<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2026 Workiva-->
<!--r:019e3c24-abf8-7cbe-8cf1-2ce89ef7d593,g:9b65467e-4669-4578-9871-54143eec894a-->
<xs:schema xmlns:xs="http://www.w3.org/2001/XMLSchema" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:fhi="http://www.federatedinvestors.com/20260630" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:dtr-types="http://www.xbrl.org/dtr/type/2024-01-31" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" attributeFormDefault="unqualified" elementFormDefault="qualified" targetNamespace="http://www.federatedinvestors.com/20260630">
  <xs:import namespace="http://fasb.org/srt/2026" schemaLocation="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd"/>
  <xs:import namespace="http://fasb.org/us-gaap/2026" schemaLocation="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/dtr/type/2024-01-31" schemaLocation="https://www.xbrl.org/dtr/type/2024-01-31/types.xsd"/>
  <xs:import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/country/2026" schemaLocation="https://xbrl.sec.gov/country/2026/country-2026.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/dei/2026" schemaLocation="https://xbrl.sec.gov/dei/2026/dei-2026.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/ecd/2026" schemaLocation="https://xbrl.sec.gov/ecd/2026/ecd-2026.xsd"/>
  <xs:annotation>
    <xs:appinfo>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="fhi-20260630_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="fhi-20260630_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="fhi-20260630_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="fhi-20260630_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:type="simple"/>
      <link:roleType id="Cover" roleURI="http://www.federatedinvestors.com/role/Cover">
        <link:definition>0000001 - Document - Cover</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ConsolidatedBalanceSheets" roleURI="http://www.federatedinvestors.com/role/ConsolidatedBalanceSheets">
        <link:definition>9952151 - Statement - Consolidated Balance Sheets</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ConsolidatedBalanceSheetsParenthetical" roleURI="http://www.federatedinvestors.com/role/ConsolidatedBalanceSheetsParenthetical">
        <link:definition>9952152 - Statement - Consolidated Balance Sheets (Parenthetical)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ConsolidatedStatementsofIncome" roleURI="http://www.federatedinvestors.com/role/ConsolidatedStatementsofIncome">
        <link:definition>9952153 - Statement - Consolidated Statements of Income</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ConsolidatedStatementsofComprehensiveIncome" roleURI="http://www.federatedinvestors.com/role/ConsolidatedStatementsofComprehensiveIncome">
        <link:definition>9952154 - Statement - Consolidated Statements of Comprehensive Income</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ConsolidatedStatementsofChangesinEquity" roleURI="http://www.federatedinvestors.com/role/ConsolidatedStatementsofChangesinEquity">
        <link:definition>9952155 - Statement - Consolidated Statements of Changes in Equity</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ConsolidatedStatementsofCashFlows" roleURI="http://www.federatedinvestors.com/role/ConsolidatedStatementsofCashFlows">
        <link:definition>9952156 - Statement - Consolidated Statements of Cash Flows</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BasisofPresentation" roleURI="http://www.federatedinvestors.com/role/BasisofPresentation">
        <link:definition>9952157 - Disclosure - Basis of Presentation</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RecentAccountingPronouncements" roleURI="http://www.federatedinvestors.com/role/RecentAccountingPronouncements">
        <link:definition>9952158 - Disclosure - Recent Accounting Pronouncements</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SignificantAccountingPolicies" roleURI="http://www.federatedinvestors.com/role/SignificantAccountingPolicies">
        <link:definition>9952159 - Disclosure - Significant Accounting Policies</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BusinessCombination" roleURI="http://www.federatedinvestors.com/role/BusinessCombination">
        <link:definition>9952160 - Disclosure - Business Combination</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RevenuefromContractswithCustomers" roleURI="http://www.federatedinvestors.com/role/RevenuefromContractswithCustomers">
        <link:definition>9952161 - Disclosure - Revenue from Contracts with Customers</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ConcentrationRisk" roleURI="http://www.federatedinvestors.com/role/ConcentrationRisk">
        <link:definition>9952162 - Disclosure - Concentration Risk</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="Consolidation" roleURI="http://www.federatedinvestors.com/role/Consolidation">
        <link:definition>9952163 - Disclosure - Consolidation</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="Investments" roleURI="http://www.federatedinvestors.com/role/Investments">
        <link:definition>9952164 - Disclosure - Investments</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FairValueMeasurements" roleURI="http://www.federatedinvestors.com/role/FairValueMeasurements">
        <link:definition>9952165 - Disclosure - Fair Value Measurements</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="IntangibleAssetsincludingGoodwill" roleURI="http://www.federatedinvestors.com/role/IntangibleAssetsincludingGoodwill">
        <link:definition>9952166 - Disclosure - Intangible Assets, including Goodwill</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="Debt" roleURI="http://www.federatedinvestors.com/role/Debt">
        <link:definition>9952167 - Disclosure - Debt</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ShareBasedCompensation" roleURI="http://www.federatedinvestors.com/role/ShareBasedCompensation">
        <link:definition>9952168 - Disclosure - Share-Based Compensation</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="Equity" roleURI="http://www.federatedinvestors.com/role/Equity">
        <link:definition>9952169 - Disclosure - Equity</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EarningsPerShareAttributabletoFederatedHermesIncShareholders" roleURI="http://www.federatedinvestors.com/role/EarningsPerShareAttributabletoFederatedHermesIncShareholders">
        <link:definition>9952170 - Disclosure - Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="AccumulatedOtherComprehensiveIncomeLossAttributabletoFederatedHermesIncShareholders" roleURI="http://www.federatedinvestors.com/role/AccumulatedOtherComprehensiveIncomeLossAttributabletoFederatedHermesIncShareholders">
        <link:definition>9952171 - Disclosure - Accumulated Other Comprehensive Income (Loss) Attributable to Federated Hermes, Inc. Shareholders</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RedeemableNoncontrollingInterestsinSubsidiaries" roleURI="http://www.federatedinvestors.com/role/RedeemableNoncontrollingInterestsinSubsidiaries">
        <link:definition>9952172 - Disclosure - Redeemable Noncontrolling Interests in Subsidiaries</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CommitmentsandContingencies" roleURI="http://www.federatedinvestors.com/role/CommitmentsandContingencies">
        <link:definition>9952173 - Disclosure - Commitments and Contingencies</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="IncomeTaxes" roleURI="http://www.federatedinvestors.com/role/IncomeTaxes">
        <link:definition>9952174 - Disclosure - Income Taxes</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SegmentandGeographicInformation" roleURI="http://www.federatedinvestors.com/role/SegmentandGeographicInformation">
        <link:definition>9952175 - Disclosure - Segment and Geographic Information</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SubsequentEvents" roleURI="http://www.federatedinvestors.com/role/SubsequentEvents">
        <link:definition>9952176 - Disclosure - Subsequent Events</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SignificantAccountingPoliciesPolicies" roleURI="http://www.federatedinvestors.com/role/SignificantAccountingPoliciesPolicies">
        <link:definition>9955511 - Disclosure - Significant Accounting Policies (Policies)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BusinessCombinationTables" roleURI="http://www.federatedinvestors.com/role/BusinessCombinationTables">
        <link:definition>9955512 - Disclosure - Business Combination (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RevenuefromContractswithCustomersTables" roleURI="http://www.federatedinvestors.com/role/RevenuefromContractswithCustomersTables">
        <link:definition>9955513 - Disclosure - Revenue from Contracts with Customers (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ConcentrationRiskTables" roleURI="http://www.federatedinvestors.com/role/ConcentrationRiskTables">
        <link:definition>9955514 - Disclosure - Concentration Risk (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ConsolidationTables" roleURI="http://www.federatedinvestors.com/role/ConsolidationTables">
        <link:definition>9955515 - Disclosure - Consolidation (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="InvestmentsTables" roleURI="http://www.federatedinvestors.com/role/InvestmentsTables">
        <link:definition>9955516 - Disclosure - Investments (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FairValueMeasurementsTables" roleURI="http://www.federatedinvestors.com/role/FairValueMeasurementsTables">
        <link:definition>9955517 - Disclosure - Fair Value Measurements (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EquityTables" roleURI="http://www.federatedinvestors.com/role/EquityTables">
        <link:definition>9955518 - Disclosure - Equity (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EarningsPerShareAttributabletoFederatedHermesIncShareholdersTables" roleURI="http://www.federatedinvestors.com/role/EarningsPerShareAttributabletoFederatedHermesIncShareholdersTables">
        <link:definition>9955519 - Disclosure - Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="AccumulatedOtherComprehensiveIncomeLossAttributabletoFederatedHermesIncShareholdersTables" roleURI="http://www.federatedinvestors.com/role/AccumulatedOtherComprehensiveIncomeLossAttributabletoFederatedHermesIncShareholdersTables">
        <link:definition>9955520 - Disclosure - Accumulated Other Comprehensive Income (Loss) Attributable to Federated Hermes, Inc. Shareholders (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RedeemableNoncontrollingInterestsinSubsidiariesTables" roleURI="http://www.federatedinvestors.com/role/RedeemableNoncontrollingInterestsinSubsidiariesTables">
        <link:definition>9955521 - Disclosure - Redeemable Noncontrolling Interests in Subsidiaries (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SegmentandGeographicInformationTables" roleURI="http://www.federatedinvestors.com/role/SegmentandGeographicInformationTables">
        <link:definition>9955522 - Disclosure - Segment and Geographic Information (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BusinessCombinationNarrativeDetails" roleURI="http://www.federatedinvestors.com/role/BusinessCombinationNarrativeDetails">
        <link:definition>9955523 - Disclosure - Business Combination - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BusinessCombinationNarrativeDetails_1" roleURI="http://www.federatedinvestors.com/role/BusinessCombinationNarrativeDetails_1">
        <link:definition>9955523 - Disclosure - Business Combination - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BusinessCombinationScheduleofFinalPurchasePriceAllocationDetails" roleURI="http://www.federatedinvestors.com/role/BusinessCombinationScheduleofFinalPurchasePriceAllocationDetails">
        <link:definition>9955524 - Disclosure - Business Combination - Schedule of Final Purchase Price Allocation (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RevenuefromContractswithCustomersDisaggregationofRevenuebyAssetClassDetails" roleURI="http://www.federatedinvestors.com/role/RevenuefromContractswithCustomersDisaggregationofRevenuebyAssetClassDetails">
        <link:definition>9955525 - Disclosure - Revenue from Contracts with Customers - Disaggregation of Revenue by Asset Class (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RevenuefromContractswithCustomersDisaggregationofRevenuebyPerformanceObligationDetails" roleURI="http://www.federatedinvestors.com/role/RevenuefromContractswithCustomersDisaggregationofRevenuebyPerformanceObligationDetails">
        <link:definition>9955526 - Disclosure - Revenue from Contracts with Customers - Disaggregation of Revenue by Performance Obligation (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RevenuefromContractswithCustomersNarrativeDetails" roleURI="http://www.federatedinvestors.com/role/RevenuefromContractswithCustomersNarrativeDetails">
        <link:definition>9955527 - Disclosure - Revenue from Contracts with Customers - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RevenuefromContractswithCustomersDisaggregationofRevenuebyProductTypeDetails" roleURI="http://www.federatedinvestors.com/role/RevenuefromContractswithCustomersDisaggregationofRevenuebyProductTypeDetails">
        <link:definition>9955528 - Disclosure - Revenue from Contracts with Customers - Disaggregation of Revenue by Product Type (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RevenuefromContractwithCustomerFutureFixedRevenuefromStewardshipRealEstateDevelopmentPerformanceObligationsandRenewableEnergyProjectDevelopmentObligationsDetails" roleURI="http://www.federatedinvestors.com/role/RevenuefromContractwithCustomerFutureFixedRevenuefromStewardshipRealEstateDevelopmentPerformanceObligationsandRenewableEnergyProjectDevelopmentObligationsDetails">
        <link:definition>9955529 - Disclosure - Revenue from Contract with Customer - Future Fixed Revenue from Stewardship, Real Estate Development Performance Obligations and Renewable Energy Project Development Obligations (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RevenuefromContractwithCustomerFutureFixedRevenuefromStewardshipRealEstateDevelopmentPerformanceObligationsandRenewableEnergyProjectDevelopmentObligationsDetails_1" roleURI="http://www.federatedinvestors.com/role/RevenuefromContractwithCustomerFutureFixedRevenuefromStewardshipRealEstateDevelopmentPerformanceObligationsandRenewableEnergyProjectDevelopmentObligationsDetails_1">
        <link:definition>9955529 - Disclosure - Revenue from Contract with Customer - Future Fixed Revenue from Stewardship, Real Estate Development Performance Obligations and Renewable Energy Project Development Obligations (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ConcentrationRiskScheduleofRevenueConcentrationDetails" roleURI="http://www.federatedinvestors.com/role/ConcentrationRiskScheduleofRevenueConcentrationDetails">
        <link:definition>9955530 - Disclosure - Concentration Risk - Schedule of Revenue Concentration (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ConcentrationRiskScheduleofRevenueConcentrationbyInvestmentOfferingStrategyDetails" roleURI="http://www.federatedinvestors.com/role/ConcentrationRiskScheduleofRevenueConcentrationbyInvestmentOfferingStrategyDetails">
        <link:definition>9955531 - Disclosure - Concentration Risk - Schedule of Revenue Concentration by Investment Offering Strategy (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ConcentrationRiskNarrativeDetails" roleURI="http://www.federatedinvestors.com/role/ConcentrationRiskNarrativeDetails">
        <link:definition>9955532 - Disclosure - Concentration Risk - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ConsolidationNarrativeDetails" roleURI="http://www.federatedinvestors.com/role/ConsolidationNarrativeDetails">
        <link:definition>9955533 - Disclosure - Consolidation - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ConsolidationNarrativeDetails_1" roleURI="http://www.federatedinvestors.com/role/ConsolidationNarrativeDetails_1">
        <link:definition>9955533 - Disclosure - Consolidation - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ConsolidationConsolidatedFederatedHermesFundVIEsDetails" roleURI="http://www.federatedinvestors.com/role/ConsolidationConsolidatedFederatedHermesFundVIEsDetails">
        <link:definition>9955534 - Disclosure - Consolidation - Consolidated Federated Hermes Fund VIEs (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="InvestmentsNarrativeDetails" roleURI="http://www.federatedinvestors.com/role/InvestmentsNarrativeDetails">
        <link:definition>9955535 - Disclosure - Investments - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="InvestmentsGainsandLossesRecognizedinGainLossonSecuritiesNetDetails" roleURI="http://www.federatedinvestors.com/role/InvestmentsGainsandLossesRecognizedinGainLossonSecuritiesNetDetails">
        <link:definition>9955536 - Disclosure - Investments - Gains and Losses Recognized in Gain (Loss) on Securities, Net (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FairValueMeasurementsClassesofFinancialAssetsandLiabilitiesMeasuredatFairValueonRecurringBasisDetails" roleURI="http://www.federatedinvestors.com/role/FairValueMeasurementsClassesofFinancialAssetsandLiabilitiesMeasuredatFairValueonRecurringBasisDetails">
        <link:definition>9955537 - Disclosure - Fair Value Measurements - Classes of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FairValueMeasurementsNarrativeDetails" roleURI="http://www.federatedinvestors.com/role/FairValueMeasurementsNarrativeDetails">
        <link:definition>9955538 - Disclosure - Fair Value Measurements - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FairValueMeasurementsReconciliationofLiabilityforFutureConsiderationPaymentsDetails" roleURI="http://www.federatedinvestors.com/role/FairValueMeasurementsReconciliationofLiabilityforFutureConsiderationPaymentsDetails">
        <link:definition>9955539 - Disclosure - Fair Value Measurements - Reconciliation of Liability for Future Consideration Payments (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="IntangibleAssetsincludingGoodwillDetails" roleURI="http://www.federatedinvestors.com/role/IntangibleAssetsincludingGoodwillDetails">
        <link:definition>9955540 - Disclosure - Intangible Assets, including Goodwill (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DebtDetails" roleURI="http://www.federatedinvestors.com/role/DebtDetails">
        <link:definition>9955541 - Disclosure - Debt (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ShareBasedCompensationDetails" roleURI="http://www.federatedinvestors.com/role/ShareBasedCompensationDetails">
        <link:definition>9955542 - Disclosure - Share-Based Compensation (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EquityNarrativeDetails" roleURI="http://www.federatedinvestors.com/role/EquityNarrativeDetails">
        <link:definition>9955543 - Disclosure - Equity - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EquityActivityforClassBCommonStockandTreasuryStockDetails" roleURI="http://www.federatedinvestors.com/role/EquityActivityforClassBCommonStockandTreasuryStockDetails">
        <link:definition>9955544 - Disclosure - Equity - Activity for Class B Common Stock and Treasury Stock (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EarningsPerShareAttributabletoFederatedHermesIncShareholdersDetails" roleURI="http://www.federatedinvestors.com/role/EarningsPerShareAttributabletoFederatedHermesIncShareholdersDetails">
        <link:definition>9955545 - Disclosure - Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="AccumulatedOtherComprehensiveIncomeLossAttributabletoFederatedHermesIncShareholdersDetails" roleURI="http://www.federatedinvestors.com/role/AccumulatedOtherComprehensiveIncomeLossAttributabletoFederatedHermesIncShareholdersDetails">
        <link:definition>9955546 - Disclosure - Accumulated Other Comprehensive Income (Loss) Attributable to Federated Hermes, Inc. Shareholders (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RedeemableNoncontrollingInterestsinSubsidiariesDetails" roleURI="http://www.federatedinvestors.com/role/RedeemableNoncontrollingInterestsinSubsidiariesDetails">
        <link:definition>9955547 - Disclosure - Redeemable Noncontrolling Interests in Subsidiaries (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CommitmentsandContingenciesDetails" roleURI="http://www.federatedinvestors.com/role/CommitmentsandContingenciesDetails">
        <link:definition>9955548 - Disclosure - Commitments and Contingencies (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="IncomeTaxesDetails" roleURI="http://www.federatedinvestors.com/role/IncomeTaxesDetails">
        <link:definition>9955549 - Disclosure - Income Taxes (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SegmentandGeographicInformationDetails" roleURI="http://www.federatedinvestors.com/role/SegmentandGeographicInformationDetails">
        <link:definition>9955550 - Disclosure - Segment and Geographic Information (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SubsequentEventsDetails" roleURI="http://www.federatedinvestors.com/role/SubsequentEventsDetails">
        <link:definition>9955551 - Disclosure - Subsequent Events (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </xs:appinfo>
  </xs:annotation>
  <xs:element id="fhi_ImpairmentAndAmortizationOfIntangibleAssets" abstract="false" name="ImpairmentAndAmortizationOfIntangibleAssets" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="fhi_ComprehensiveIncomeNetOfTaxAttributableToRedeemableNoncontrollingInterest" abstract="false" name="ComprehensiveIncomeNetOfTaxAttributableToRedeemableNoncontrollingInterest" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="fhi_RedeemableNoncontrollingInterestsInSubsidiariesTemporaryEquityMember" abstract="true" name="RedeemableNoncontrollingInterestsInSubsidiariesTemporaryEquityMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_EquityProfitLoss" abstract="false" name="EquityProfitLoss" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="fhi_OtherComprehensiveIncomeLossNetOfTaxStatementOfShareholdersEquity" abstract="false" name="OtherComprehensiveIncomeLossNetOfTaxStatementOfShareholdersEquity" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="fhi_IncreaseDecreaseToStockholdersEquityBusinessAcquisition" abstract="false" name="IncreaseDecreaseToStockholdersEquityBusinessAcquisition" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="fhi_TemporaryEquityConsolidationDeconsolidation" abstract="false" name="TemporaryEquityConsolidationDeconsolidation" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="fhi_TemporaryEquityDecreasefromDistributionstoNoncontrollingInterestHolders" abstract="false" name="TemporaryEquityDecreasefromDistributionstoNoncontrollingInterestHolders" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="fhi_TemporaryEquityBusinessAcquisition" abstract="false" name="TemporaryEquityBusinessAcquisition" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="fhi_ProceedsfromPaymentsforInvestmentsConsolidatedinvestmentcompanies" abstract="false" name="ProceedsfromPaymentsforInvestmentsConsolidatedinvestmentcompanies" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="fhi_PurchasesofinvestmentsAffiliatesandother" abstract="false" name="PurchasesofinvestmentsAffiliatesandother" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="fhi_Proceedsfromredemptionsofinvestmentsaffiliatesother" abstract="false" name="Proceedsfromredemptionsofinvestmentsaffiliatesother" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="fhi_ScheduleOfRightOfUseAssetsAndPropertyPlantAndEquipmentByGeographicAreaTableTextBlock" abstract="false" name="ScheduleOfRightOfUseAssetsAndPropertyPlantAndEquipmentByGeographicAreaTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="fhi_RivingtonEnergyManagementLimitedMember" abstract="true" name="RivingtonEnergyManagementLimitedMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_FCPFundManagerL.PMember" abstract="true" name="FCPFundManagerL.PMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_BusinessCombinationContingentConsiderationTerm" abstract="false" name="BusinessCombinationContingentConsiderationTerm" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="fhi_OtherMember" abstract="true" name="OtherMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_RevenuePerformanceObligationAxis" abstract="true" name="RevenuePerformanceObligationAxis" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrldt:dimensionItem" type="xbrli:stringItemType"/>
  <xs:element id="fhi_RevenuePerformanceObligationDomain" abstract="true" name="RevenuePerformanceObligationDomain" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_PerformanceFeesIncludingCarriedInterest" abstract="false" name="PerformanceFeesIncludingCarriedInterest" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="fhi_RevenuePerformanceObligationNoticeOfTerminationPeriod" abstract="false" name="RevenuePerformanceObligationNoticeOfTerminationPeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="fhi_FederatedHermesFundsMember" abstract="true" name="FederatedHermesFundsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_SeparateaccountsMember" abstract="true" name="SeparateaccountsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_MoneymarketassetsMember" abstract="true" name="MoneymarketassetsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_EquityassetsMember" abstract="true" name="EquityassetsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_FixedincomeassetsMember" abstract="true" name="FixedincomeassetsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_FederatedHermesGovernmentObligationsFundMember" abstract="true" name="FederatedHermesGovernmentObligationsFundMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_FederatedHermesPrimeCashObligationsFundMember" abstract="true" name="FederatedHermesPrimeCashObligationsFundMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_EdwardJonesMember" abstract="true" name="EdwardJonesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_FeeWaivers" abstract="false" name="FeeWaivers" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="fhi_VariableInterestEntityConsolidatedNumberOfEntities" abstract="false" name="VariableInterestEntityConsolidatedNumberOfEntities" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="fhi_StocksOfLargeCompaniesMember" abstract="true" name="StocksOfLargeCompaniesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_StocksOfSmallAndMidSizedCompaniesMember" abstract="true" name="StocksOfSmallAndMidSizedCompaniesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_MeasurementInputRevenueRiskPremiumMember" abstract="true" name="MeasurementInputRevenueRiskPremiumMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_MeasurementInputRevenueVolatilityMember" abstract="true" name="MeasurementInputRevenueVolatilityMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_ContingentConsiderationMember" abstract="true" name="ContingentConsiderationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_UnsecuredSeniorNotesMember" abstract="true" name="UnsecuredSeniorNotesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_SwingLineMember" abstract="true" name="SwingLineMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_NumberOfBanksAsLenders" abstract="false" name="NumberOfBanksAsLenders" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="fhi_LineOfCreditFacilityAccordionFeature" abstract="false" name="LineOfCreditFacilityAccordionFeature" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="fhi_LineOfCreditFacilityAccordionFeatureAvailableForBorrowings" abstract="false" name="LineOfCreditFacilityAccordionFeatureAvailableForBorrowings" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="fhi_ClassBCommonStockBonusMember" abstract="true" name="ClassBCommonStockBonusMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_ClassBCommonStockKeyEmployeesMember" abstract="true" name="ClassBCommonStockKeyEmployeesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_UKSubsidiaryStockPlanMember" abstract="true" name="UKSubsidiaryStockPlanMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_TreasuryStockSharesBusinessAcquisitions" abstract="false" name="TreasuryStockSharesBusinessAcquisitions" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="fhi_ConsolidatedInvestmentCompaniesMember" abstract="true" name="ConsolidatedInvestmentCompaniesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_HermesInfrastructureFundIIMember" abstract="true" name="HermesInfrastructureFundIIMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_VentusPortfolioMember" abstract="true" name="VentusPortfolioMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_AdministrativeErrorRelatedToUnregisteredSharesMember" abstract="true" name="AdministrativeErrorRelatedToUnregisteredSharesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="fhi_InvestmentTotalDeclineInValue" abstract="false" name="InvestmentTotalDeclineInValue" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="fhi_InvestmentOwnershipPercentage" abstract="false" name="InvestmentOwnershipPercentage" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="fhi_PropertyPlantandEquipmentAndOperatingLeaseRightofUseAssetAfterAccumulatedDepreciationAndAmortization" abstract="false" name="PropertyPlantandEquipmentAndOperatingLeaseRightofUseAssetAfterAccumulatedDepreciationAndAmortization" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
</xs:schema>
