Photo: Lori, Nathaniel and Terry Whitehead
As we celebrate our firm’s 20th anniversary in 2022, we celebrate each of our team members. These monthly profiles are a way to learn about each of our financially-savvy forensic sharpshooters outside the office.
Terry has always been influenced by his love of spending time with his family. He spent his early childhood in Central California running around with his two brothers on one grandparents’ turkey farm and the other grandparents’ ranch where he and his brothers learned to shoot and hunt. He recalls growing up fishing on streams, waterskiing on lakes, and riding his grandpa’s horses. Playing cards and games with family continue to be favorite activities.
His parents moved their family of five from Hanford, California to Portland, Oregon when his father accepted a position at Warner Pacific College, where Terry earned his business degree with an accounting emphasis. One of Terry’s first memories of Portland is the eruption of Mt. St. Helens soon after their move to the area in 1980.
After taking an accounting course his Junior year at Tigard High, Terry knew he wanted to become an accountant. He met his wife Lori in college and their son (Nathaniel) was born in 2002, 11 years after they were married. Nathaniel is now a sophomore at Oklahoma Christian University on a swimming scholarship, majoring in accounting. Terry and Lori celebrated their 31st wedding anniversary this year and are now empty nesters living with their three rescue dogs.
After college, Terry earned his CPA designation and spent four years at a local accounting firm in Portland before starting his career in business valuation. For more than 25 years, Terry has been providing business appraisals and financial advisory services as an Accredited Senior Appraiser in business valuation. He spent more than half of his valuation career with a national valuation firm, and he also served as the director of valuation services for a regional accounting and consulting firm in San Antonio, Texas for six years.
Terry joined our team in November of 2021, bringing a wealth of experience performing business valuations and determining financial damages, including lost profits, in various types of litigation cases. His experience also includes fair value analysis of intangible assets for financial reporting purposes and valuations for ESOP-related purposes.
First jobs: During college, Terry tutored and taught an entry-level math class (including his future sister-in-law as a student). He also interned for his accounting professor who had a CPA practice in Beaverton.
Hobbies: Golf and bass fishing. He has played a lot of golf over the years and has notched two hole-in-ones including an opening day ace at world-famous Bandon Dunes (the Old Macdonald course, first-ever at hole #12 “Redan”). Favorite golf spot and memories have included regular trips with friends to Bandon Dunes including opening day trips to play Pacific Dunes (2001), Bandon Trails (2005), Old Macdonald (2010), and Sheep Ranch (2020). Monterrey Peninsula Country Club is another favorite course as well as the more infamous 9-hole Summerfield Golf Course in Tigard where he still enjoys golf regularly with his dad who recently turned 80 and continues to play on a replaced knee.
Terry has also fished since he was a kid and in 2020, he and his brother each bought a pedal drive fishing kayak, then equipped them with fish finders, and now regularly cruise the Willamette River in search of largemouth and smallmouth bass. Last September, he set his record number of bass in one day with 26.
Sports enthusiast: As the middle of three brothers, the boys were always playing sports…any and every sport. Terry loved playing basketball, but he describes himself as “undertall” and gravitated to play soccer during his years at Tigard High. Growing up in Portland, he was naturally a Blazers fan and followed the team closely in the 80s and 90s. In 2020, at the opening of the Sheep Ranch golf course in Bandon Dunes, he had a brush with greatness and was able to get a photo with his childhood basketball hero, Terry Porter. His greatest sports memory is officiating swimming while watching his son break the Tigard High backstroke record in 2021, which had stood since 1988.
Something people might not know: Served as a USA Swimming stroke and turn official while his son swam for Tigard Tualatin Swim Club from 2018 to 2021. His son began competitive swimming when he was six years old, and watching him swim has always been a great joy for Terry. He loves watching swimming, the technical stroke and turn requirements, and making sure competitors are within the rules. It was a way to volunteer in a meaningful way while spending more time with his son.
Favorite thing about working with the Morones Analytics team: “This team is impressive, knowledgeable and provides excellent analysis along with outstanding client service. Equally impressive is the care and support everyone shows to one another, not only on client engagements but as coworkers in general. It’s a group of genuinely great people to know and work alongside.” — Terry Whitehead