Terri graduated from the University of North Texas with a degree in business control systems. After working in accounting for a few years, she became an entrepreneur/small business owner. Since 1991 she has been self-employed in retail and service businesses. She spent many years integrating holistic principles in her business practice and has professional training in wellness coaching and consulting. In 2012 she and Kyle decided to combine their business interests and form Wallace Specialty Insurance Group LLC.

In her free time, Terri enjoys raising her boys with Kyle, yoga, travel and movies.