 1939 - 2023 (83 years)
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| Name |
Charles Edward Herget |
| Suffix |
Jr. "Ted" |
| Birth |
29 May 1939 |
Baltimore, MD  [4, 5] |
| Gender |
Male |
| Occupation |
Baltimore, MD |
| President, The Herget Co. - Asset Strategy Consultants |
| FamilySearch ID |
L1Y5-Z3Q |
| FamilySearch URL |
https://www.familysearch.org/tree/person/details/L1Y5-Z3Q |
| Death |
2 Mar 2023 |
Vero Beach, FL [5, 6] |
| Person ID |
I548 |
Main |
| Last Modified |
5 Mar 2023 |
| Father |
Charles Edward Herget, b. 27 May 1904, Baltimore, MD d. Aug 1977, Baltimore, MD (Age 73 years) |
| Mother |
Kathleen Ellen Freeney, b. 24 Aug 1907, Delmar, DE d. 26 Dec 1997, Maryland (Age 90 years) |
| Marriage |
23 Apr 1938 |
Manhattan, New York City, New York, United States |
| Family ID |
F20 |
Group Sheet | Family Chart |
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| Notes |
- From his Obituary in the Baltimore Sun
Charles E. "Ted" Herget, Jr. passed away on March 2, 2023, at the age of 83.
He was born on May 29, 1939, to Kathleen Freeney Herget and Charles E. Herget Sr.
Ted grew up in Baltimore, Maryland, and earned his Bachelor of Science Degree in Business Administration from Loyola University in Baltimore. He completed courses in taxation, retirement planning, employee benefits, and investments at Johns Hopkins University and the University of Baltimore. He also attended The Endowment Institute at Harvard Business School and received an Honorary Doctorate in Philanthropy from Stevenson University.
He was married to Sheila McDonough also, a Baltimore native and the love of his life. Together, they lived in Vero Beach, Florida, and enjoyed the summers in Fenwick Island, Delaware.
Thirty-two years ago, Ted founded Asset Strategy Consultants. He was a successful businessman and philanthropist who loved to make everyone he knew smile and laugh. Ted founded The Herget Foundation in 1991, which has provided hundreds of scholarships and donations to hospitals, universities, and needs-based organizations. In addition, Ted personally served on numerous Education and Finance related boards, both statewide and nationally.
He was known for his kind heart, memorable magic tricks, and his deep love for his family and friends. He filled each day with love and joy, making the most of every moment. He was loved and will be remembered for his many achievements, which impacted so many people.
Ted Herget is survived by his wife, Sheila Herget, daughters Kelly Herget, Stacey Taylor, and Melissa Niquette, and his grandchildren, Caroline Santos, Hilary Curran, Christopher Niquette, Matthew Niquette, and Shannon Spilman.
He was preceded in death by his mother and father.
A Mass of Christian Burial with Military Honors will be held at 10:00AM on Monday, March 6, 2023 at Holy Cross Catholic Church.
In lieu of flowers, donations should go to the Herget Foundation (made payable to the Herget Foundation) and sent to 54 Cherrywood Court, Hunt Valley, MD 21030.
Arrangements are under the direction of Cox-Gifford Seawinds Funeral Home.
The following from www.assetstrategyconsultants.com (Sep 2012):
Ted is Co-Founder, Principal and Senior Consultant in the Hunt Valley headquarters of
Asset Strategy Consultants. He is licensed with the Securities and Exchange
Commission as a Registered Investment Advisor. Since 1970, he has been a consultant
to endowments, foundations and retirement funds on investment strategy and the
selection and monitoring of investment managers. In 1972, Ted and six others started
The Pension Investment Fund, a mutual fund designed specifically for retirement plan
accounts. He was President of the Fund until 1976.
Ted earned his Bachelor of Science Degree in Business Administration from Loyola College in Baltimore. He completed courses in taxation, retirement planning, employee benefits and investments at The Johns Hopkins University and the University of Baltimore. In addition, he completed the pension, profit sharing, and investment courses offered by Purdue University and Fairleigh Dickinson University and served on the faculty of Purdue`s Pension and Profit Sharing Institute.
He completed the Presidents` Seminar at Harvard University`s Graduate School of Business. Ted has lectured to the Sellinger Scholars at the Sellinger School of Business at Loyola College in Maryland on the subject of institutional investing. He has completed the Callan College for Fiduciary Training, and attended The Endowment Institute at Harvard Business School.
He is also a member of the Institute for Investment Management Consultants (IMC) and the Investment Association of
America.
His achievements and honors include:
Who`s Who in U.S. Executives
Who`s Who in Business & Finance
Named "One of Baltimore`s Most Powerful Men," Baltimore Magazine (1988)
Named "Marine of the Year" for Maryland, 1958
In 2004, appointed Commissioner on the Maryland Economic Development Commission by former Governor Robert L.
Ehrlich, Jr.
Ted's additional expertise includes:
Was founder and CEO of Herget and Company – the largest mid-Atlantic Pension Actuarial, Benefits and Investment
Consulting firm.
Was on the Board of Directors on the American Society of Pension Actuaries
Was on the Finance/Investment Committee of an American Stock Exchange company.
Has been on the Board of Trustees of five educational institutions and Chairman of the Board of two Universities and on
three Finance/Investment Committees.
Named Hibernian of the Year, 2009 for the State of Maryland
Ted is and has been very active in the local community, having served on the Board of Trustees of St. Paul School for Girls, Maryvale School, and Loyola University. He is past Chairman of both the Boards of Stevenson University and Loyola University. He currently serves on the Boards of Loyola's Sellinger School of Business and Management and the University of Maryland Medical System's Shock Trauma Hospital. A cancer survivor, Herget's miraculous recovery has
been written about in the Baltimore Business Journal and The Daily Record. [7]
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| Sources |
- [S2] John S. Howell, Jr., JSH Feb 13 2003 gedcom.
- [S542] Ann Howard, (Tenafly, NJ).
- [SAuth] John Spencer Howell, Jr., John Spencer Howell, Jr., (http://www.jhowell.com/ jhowell@jhowell.com).
- [S1646] 1940 US Census, 11 months old on census enumeration date of 8 April 1940.
- [S1736] Obituary, https://www.tcpalm.com/obituaries/tcn031475.
Charles E. "Ted" Herget, Jr. passed away on March 2, 2023, at the age of 83. He was born on May 29, 1939, to Kathleen Freeney Herget and Charles E. Herget Sr. Ted grew up in Baltimore, Maryland, and earned his Bachelor of Science Degree in Business Administration from Loyola University in Baltimore. He completed courses in taxation, retirement planning, employee benefits, and investments at Johns Hopkins University and the University of Baltimore. He also attended The Endowment Institute at Harvard Business School and received an Honorary Doctorate in Philanthropy from Stevenson University. He was married to Sheila McDonough also, a Baltimore native and the love of his life. Together, they lived in Vero Beach, Florida, and enjoyed the summers in Fenwick Island, Delaware. Thirty-two years ago, Ted founded Asset Strategy Consultants. He was a successful businessman and philanthropist who loved to make everyone he knew smile and laugh. Ted founded The Herget Foundation in 1991, which has provided hundreds of scholarships and donations to hospitals, universities, and needs-based organizations. In addition, Ted personally served on numerous Education and Finance related boards, both statewide and nationally. He was known for his kind heart, memorable magic tricks, and his deep love for his family and friends. He filled each day with love and joy, making the most of every moment. He was loved and will be remembered for his many achievements, which impacted so many people. Ted Herget is survived by his wife, Sheila Herget, daughters Kelly Herget, Stacey Taylor, and Melissa Niquette, and his grandchildren, Caroline Santos, Hilary Curran, Christopher Niquette, Matthew Niquette, and Shannon Spilman. He was preceded in death by his mother and father. A Mass of Christian Burial with Military Honors will be held at 10:00AM on Monday, March 6, 2023 at Holy Cross Catholic Church. In lieu of flowers, donations should go to the Herget Foundation (made payable to the Herget Foundation) and sent to 54 Cherrywood Court, Hunt Valley, MD 21030. Arrangements are under the direction of Cox-Gifford Seawinds Funeral Home. An online guestbook is available at www.coxgiffordseawinds.com
- [S1631] Baltimore Sun, https://www.legacy.com/us/obituaries/baltimoresun/name/charles-herget-obituary?id=49237764.
- [S1645] Asset Strategy Consultants, (http://www.assetstrategyconsultants.com/bio_herget.html), http://www.assetstrategyconsultants.com/bio_herget.html.
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