A Team of Dynamic and Experienced Professionals

Terrence Herr, CFP^® 

Managing Partner 

Schedule Call (client/prospective Client)

2026 marks Terrence Herr’s 31st year in the financial services industry—a career defined by trust, education, and a passion for helping clients achieve lives of prosperity. As Managing Partner of Herr Capital Management, Terry provides thoughtful guidance and dependable strategies for implementing financial and investment plans. His approach centers on collaboration: helping clients define and prioritize what matters most so they can protect, preserve, and grow their wealth with confidence.

Terry believes that trust is the cornerstone of every client relationship. By truly understanding the people he serves, he delivers advice that aligns with both financial and personal goals. His commitment to education—both learning and teaching—stems from lessons passed down by his father and grandfather, who instilled in him the importance of financial literacy. Today, Terry continues that legacy by sharing knowledge and empowering others to make informed decisions.

A CERTIFIED FINANCIAL PLANNER™ professional, Terry earned his bachelor’s degree from Loyola University Chicago and has served as an adjunct faculty member at DePaul and Northwestern University. His expertise has been featured on NBC, FOX, CBS, WGN, and in publications such as Crain’s Chicago Business, Chicago Tribune, Journal of Financial Planning, and The Los Angeles Times. He has presented at numerous industry conferences and received recognition for his volunteer efforts, including Loyola University’s service award and his high school’s Distinguished Alumni Award in 2018.

Beyond his professional achievements, Terry is deeply committed to giving back. From college service trips to Appalachia, the Southwest, and Guatemala, to co-chairing Hunger Week and raising over $50,000 for global hunger relief, philanthropy has always been central to his life. Today, Terry continues to support local organizations, including efforts for Illinois foster children, raising more than $25,000 for Brightpoint, a nonprofit dedicated to disrupting poverty and advancing the well-being of children and families across Illinois through early childhood education, mental health, family support, and child welfare services.

An avid adventurer, Terry has traveled to 19 countries and completed two rim-to-rim hikes of the Grand Canyon, explored Vietnam’s Son Doong Cave—the largest cave in the world—and summited Kala Patthar at 18,519 feet in the shadow of Mount Everest. He has hiked over 500 miles below the Grand Canyon rim, climbed several of Colorado’s 14,000-foot peaks, and trekked through landscapes from the Appalachian Trail to Death Valley. His outdoor pursuits reflect the same determination and curiosity that define his professional life.

Whether guiding clients toward financial security or navigating the world’s most breathtaking trails, Terry embraces every challenge with purpose and passion.

Melissa joined Herr Capital Management in 2017 with over 18 years of experience in the financial planning industry. She is known for her strong skill set and genuine passion for helping clients build lasting prosperity. A dedicated advocate, Melissa partners with clients to develop a healthy relationship with their money, empowering them to grow and thrive in any financial environment.

Born and raised in the Chicagoland area, Melissa received her bachelor’s degree in communications studies from Christopher Newport University and later attended St. Xavier University graduating magna cum laude with a Master of Business Administration in financial planning. In 2006, she began her career at a large proprietary mutual fund broker-dealer which focused on a holistic approach to financial planning, as well as investments. In 2012, she decided that she wanted to provide her clients with more than what her previous company had to offer, so she made the transition to the independent financial planning world. 

Today, Melissa is an Associate Partner and maintains a variety of responsibilities ranging from assessing portfolios, managing client’s needs and helping them make beneficial financial decisions. She interacts with clients on multiple levels, but regardless of whether it’s face-to-face, over the phone or email, everyone becomes an integral part of the HCM family. With an MBA with a focus in financial planning and a number of registrations including Series 6, 7, 24, 63, 65, in addition to, Life/Health/Disability Insurance licenses, Melissa is truly a lifelong learner and advocate in educating those she works with.  

Melissa is a wife and a proud mom to 3 active daughters. If you’re unable to find her in the office, she is likely cheering on someone at a sporting event, coaching from the sidelines or volunteering at school. Melissa previously served as a girl scout leader for the Greater Northwest Indiana/Chicagoland Area. In her free time, she enjoys spending time with her family, reading, traveling and enjoying the outdoors. Melissa and her family often donate their time to the organization, Feed My Starving Children along with donating to the local food pantry.

Some of her key accomplishments include:

• Identified as a rising star at Ladenburg Thalmann.
• 40 under 40 by the Asset Management Institute of Women & Finance.
• Introduced a managed money program.
• Responsible for the largest influx of new assets at Herr Capital.
• Guest speaker on a nationally syndicated radio show.