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Mary Carroll Murphy

Mary Carroll Murphy

CEO - Cost Cures

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Mary Carroll Murphy, an award-winning business owner and former Fortune 500 executive, is from Hillsborough County, New Hampshire. Raised in Western Massachusetts, she relocated to Bedford, New Hampshire, in 1990, where Digital Equipment Corporation employed her to market innovative office systems. Over her extensive career, she has worked in Massachusetts, New Hampshire, Connecticut, California, and abroad, earning numerous accolades in the information technology and financial services sectors.

Currently, she heads a leading-edge software company and, alongside her husband, owns considerable acreage in Francestown, New Hampshire. Here, they built their "forever" home, Black Shoals, nestled on the scenic banks of the Piscataquog River.

She is the CEO of Cost Cures, a pioneering software firm established in 2024 and based in Peterborough, New Hampshire. The company is set to enhance transparency in healthcare pricing nationwide, developing an AI-based database to help users find cost-effective options for medical, dental, and vision care. Her team is actively integrating telemedicine and concierge services, accessible directly through their website and a dedicated mobile app.

In 2022, she and her husband founded Black Shoals Farm, a sustainable, non-GMO, chemical-free farm in Francestown. This venture focuses on producing fruits, vegetables, edible flowers, and medicinal herbs.

Her notable financial career kicked off in 2011 when she became the first Charles Schwab Independent Branch franchisee in the nation. By 2022, her franchise had expanded to manage nearly $1 billion in assets, earning her the Charles Schwab Champion Award.

Her career began in 1979 at what is now Eversource in Massachusetts and Connecticut. Her trajectory took her through various high-tech companies, including IBM and Lotus Development Corporation, where she held senior management roles and led global projects.

After taking a break in 2001 to care for her parents, she earned a master's degree from Rivier University. Briefly, she taught before returning to finance as a financial advisor with UBS and later MassMutual.

She graduated from Bridgewater State College with a degree in communications, arts, and sciences and later achieved a Master's in Education from Rivier University. Her Education significantly shaped her various professional endeavors.

Throughout her career, she has received several prestigious awards, including the DEC 100, the Electronic Mail Association Leadership Award, and multiple accolades from Charles Schwab for her contributions to the financial services industry.

Her philanthropic efforts are extensive. She regularly contributes to local organizations and initiatives. She is a dedicated member of the Bedford Lions Club and various women's clubs, significantly impacting her community through charitable work.
She also serves on the board of trustees at Rivier University and has previously served at St. Joseph Hospital, supporting the administration and mission of these institutions.

Mary Carroll Murphy resides in Francestown with her husband and their beloved Belgian Malinois. She enjoys gardening, kayaking, and cooking and continues to make a significant impact both professionally and personally.

Mary Carroll Murphy

CEO - Cost Cures

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