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Thomas Flaherty Obituary


THOMAS J. FLAHERTY, JR. Thomas J. Flaherty, Jr., 85, of both Spring Lake, NJ and Vero Beach, FL died on Monday, March 15, 2010 in Vero Beach, Florida. Born and raised in Bayonne, NJ, he lived in Phoenix, AZ, Manhattan, NY before residing permanently in Spring Lake, NJ and Vero Beach, FL. Mr. Flaherty is predeceased by his parents, T. Joseph Flaherty Sr. and Teresa Carroll Flaherty and his sister, Audrey Schachinger. He is survived by his loving wife of 44 years, Patricia Ix Flaherty, his son Thomas J. Flaherty III of Vero Beach, his son Sean C. Flaherty and daughter-in- law Katie Flaherty and two grandsons Liam and Shayne Flaherty of Spring Lake. Mr. Flaherty was known for his world travels and amazing scope of knowledge. He was the consummate story teller who captivated his friends and family throughout his life. One of Tom's passions was his philanthropic work with multiple charities, especially Holy Family Academy in Bayonne, NJ. His philanthropy extended to New York Hospital, Manhattan College, Indian River Medical Center, Boys and Girls Club of Vero Beach, Christian Brothers Academy in NJ, Jersey Shore Medical Center in NJ, VNA of Vero Beach, FL and St. Patrick's College, Maynooth, Ireland. Mr. Flaherty was a graduate of Manhattan College in the Bronx with a BS in Theology and a grade point average of 4.0. He was a US Army Veteran of WWII from 1943-1946. After the war, Tom was based in Fort Ord, Monterey, CA where he forged a lifelong love and passion for Carmel, CA. Mr. Flaherty had a distinguished career. He started as a salesman at Gimbel Brothers in NYC. From his experiences there he learned he was a born salesman. He went to Arizona and started his own insurance company- selling door to door- and become an overnight success. Tom was proud to be involved with the Jaycees in Arizona. Before leaving AZ, he kicked off his philanthropic work by funding and building "Our Lady of Perpetual Help" a Roman Catholic Church in Scottsdale. He also started and ran the "Valley of the Sun" a school for handicapped children. From there he moved back east to Manhattan and taught himself to sell stocks and bonds. He was asked to join the firm of Fahnestock & Company in 1957 and requested to take over sales and management of the Philadelphia Fund. While at Fahnestock, Mr. Flaherty was the financial advisor to the Vatican in Rome from 1961 to 1975. He was responsible for creating, launching and managing the Eagle Growth Shares Mutual Fund and became a partner of the firm in 1966. He went on to create Universal Programs which encompassed all of his mutual funds and investment responsibilities. Mr. Flaherty retired in 1985 as President of Universal Programs and Partner of Fahnestock & Company. He was a past governor of the Metropolitan Club in NYC, past president of the Spring Lake Bath and Tennis Club and the president of the Johns Island CCSI Association. He was listed in Who's Who in America and Who's Who in Business in America for many years. He loved horse back riding, playing tennis and playing cards with his boys and grandson Liam. He was a communicant of St. Catharine's RC Church in Spring Lake and Holy Cross RC Church in Vero Beach FL. Mr. Flaherty was also a member of The John's Island Club in Vero Beach, FL, and the Spring Lake Bath and Tennis Club in Spring Lake, NJ. Aside from all his achievements, Mr. Flaherty was better known as a wonderful provider to his family and friends. He was an amazing husband, father, grand- father and friend and will be sorely missed. Visitation will be on Friday, March 19th, from 5- 8pm at the O'Brien Funeral Home 2028 Hwy 35, Wall. A Mass of Christian Burial will be celebrated 9:30am on Saturday, March 20, 2010 at St. Catharine's RC Church, Spring Lake. Entombment and military honors will be at St. Catharine's Cemetery, Sea Girt. In addition to flowers, the family requests donations to be made to the "Thomas J. Flaherty, Jr. Cardiovascular Educational Fund". Donations can be mailed to his son Sean Flaherty, Merrill Lynch, 2504 Hwy 35, Manasquan, NJ 08736. For further info or to send condolences, please visit obrienfuneralhome.com Paid Obituary

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Published by TC Palm on Mar. 18, 2010.

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3 Entries

Diane Hauge

March 24, 2010

We had the pleasure of knowing Tom and his wife Pat. We will truly miss his great stories! Our condolences to the Flaherty family during this difficult time. He was a good man...hugs to Pat
Diane and Tari- Renal Care Center

Mary-Anne Lopez

March 19, 2010

My heart goes out to the family at this time of loss. Only a short time acquainted, but it truly was an honor.

Mary-Anne Lopez, RN - The Renal Center

fjohn reinke (mc1968)

March 18, 2010

The Manhattan College alumni community shares the grief, and is now praying for our fellow alumni and the family at this time. The Alumni Office has been informed. As well as the Jasper Jottings community that I personally can reach. We are all a little poorer now. "No man is an island, entire of itself … any man’s death diminishes me". We are sorry for your loss.

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