Mary Carroll Murphy, a prominent business owner and former Fortune 500 executive from Hillsborough County, New Hampshire, began her notable career after Digital Equipment Corporation relocated her from Western Massachusetts to Bedford, New Hampshire, in 1990. Her task was to market pioneering integrated office systems, laying the foundation for a successful career spanning several states and countries.
Throughout her career, she has been recognized with numerous awards, highlighting her achievements in the fields of information technology and financial services. Currently, she leads Cost Cures, an innovative software company based in Peterborough, New Hampshire, which she established in 2024. This company is at the forefront of providing transparency in healthcare costs, offering tools to find affordable care across the United States through a sophisticated AI-based search platform.
Alongside her corporate responsibilities, Murphy manages Black Shoals Farm in Francestown, New Hampshire, which she founded with her husband in 2022. The farm focuses on sustainable, chemical-free farming and produces a variety of fruits, vegetables, edible flowers, and herbs.
Murphy's extensive career includes a transformative role as the first-in-the-nation Charles Schwab Independent Branch franchisee in 2011. Under her leadership, the branch quickly became one of the largest independent wealth management practices in New Hampshire, managing nearly $1 billion in assets by early 2022. Her innovative efforts were recognized with the Charles Schwab Champion Award, leading to her decision to sell the franchise later that year.
Her journey began in 1979 with a position at Eversource in Western Massachusetts and Connecticut. Realizing the potential in the burgeoning field of technology within the insurance sector, she transitioned to a technical analyst role at ITT/Hartford Insurance Group in 1982. Her career trajectory continued upward as she assumed leadership positions at several high-tech firms, including a significant stint in Europe with IBM/Lotus Development.
In 2001, Murphy paused her career to care for her ailing parents, a pivotal moment that led her to pursue a master's degree in Education from Rivier University in 2004. She briefly taught before returning to the financial sector with UBS Financial Services and later as an independent advisor with MassMutual.
Murphy's academic foundation was laid at Bridgewater State College, where she graduated early with a degree in communications, arts, and sciences, supplemented by minors in psychology and English. Her educational pursuits continued at Rivier University, where she earned an M.Ed. with high distinction.
Her accolades include several high-profile awards from Digital Equipment Corporation, the Electronic Mail Association, and IBM/Lotus Development Corporation, among others. Charles Schwab also recognized her leadership and innovation through multiple awards, reflecting her influence in the financial sector.
Mary Carroll Murphy's philanthropic efforts are deeply integrated into her community. She contributes to local organizations and serves on several boards, including a long-standing role as a trustee at Rivier University. She lives in Francestown, New Hampshire, with her husband, embracing a lifestyle that includes cultivating her farm, engaging in outdoor activities, and enjoying time with their Belgian Malinois. Her life reflects a commitment to both her professional endeavors and her community, making her a respected and influential figure in both business and local affairs.
Portfolio: https://marycarrollmurphynh.com/
