Mary Deatherage is Founder & Managing Director of The Deatherage Group, a Morgan Stanley Private Wealth Management financial advisory team. The Deatherage Group has offices in Little Falls, NJ and NYC and manages approximately $3 billion in assets (as of June 30, 2020) for clients including large foundations, pension plans and high-net-worth individuals around the world.
Mary's financial career began at Coopers & Lybrand in New York City and Detroit. As a CPA and audit manager, she specialized in acquisition and divestiture reviews for clients such as CBS, Sanofi and Fortune Brands. In 1986, she joined Morgan Stanley as a financial advisor.
Her wealth of experience has proven invaluable in leading her team in providing first-rate financial planning, asset allocation, estate planning and tax strategies services. She also serves as a mentor on the firm’s Multi-Cultural Client Committee, a group that fosters a community of early stage technology and technology-enabled startups led by women and multicultural entrepreneurs. Previously, Mary was Co-chair of the Morgan Stanley President’s Cabinet.
Mary's expertise has given has led to appearances on CNBC, Fox Business and NPR and has led to many accolades, including being named as a “MAKER: Women Who Make America” in 2014. Barron’s named her a “Hall of Fame Advisor" and has been included in its “Top 100 Financial Advisors” lists. She has been recognized as one of Barron's “Top Women Financial Advisors in America” for 16 straight years and was #2 on its 2020 "Top Advisors in New Jersey" list. She was #9 on Forbes' 2020 “America’s Top Women Advisors” list and #6 on its “America’s Best-in-State Wealth Advisors: New Jersey” list.
She was on the Board of Mountainside Hospital and Finance Chair of Partners for Health. She also served on the Board and as Head of the Finance Committee of Integrity House.
Mary has a BA in Education from Mount St. Mary College and an accounting degree from the University of Arizona.