Meet the People of Spaugh Dameron Tenny
Expertise, Convenience, Relationship
Herbert Spaugh, Jr., CLU, CHFC
As the founder of the Spaugh Dameron Tenny, Herbert Spaugh, Jr. has a wealth of wisdom to share with clients. From Air Force pilot to serial entrepreneur to sailboat racer and city councilman, “Herb” has experienced it all. Not one to brag, he will simply tell you that he has had an “interesting life.” What Herb does bring to every situation is perspective, a valuable asset when it comes to the myriad financial scenarios he has helped clients with over the course of his career. After serving in the Air Force in the late fifties, Herb entered the field of insurance. He started building his client base with the help of friends and family who wanted to support his small enterprise.
Through his brother’s role as a well-known pediatrician, Herb’s reputation in the medical community in Charlotte grew rapidly. Fueled by an innate drive and naturally competitive streak, Herb worked hard to ensure that the business would take off to a strong start. “The best way to grow a business, I’ve found, is through friendship and referrals,” Herb explains. Over the years, Herb’s practice continued its upward trajectory, as he became a provider of insurance strategies to several medical practices and the Carolinas Medical Center’s residency program.
The son of a highly prominent and respected clergyman, Herb was raised with strong ethical and moral principles that are at the root of Spaugh Dameron Tenny’s service philosophy. “I believe in doing the right thing,” Herb says. “It’s not about what is right for us, it’s what right for the client.” That need for honesty and transparency, always delivered with good humor, has allowed him to attract like-minded partners and build a team dedicated to caring for clients. Together the team has grown Spaugh Dameron Tenny into a recognized name in the area of financial planning for medical professionals. Herb still loves to work. He enjoys many other avocations, which include boating and collecting antique cars and clocks. He resides on Lake Norman with his wife, Susan.