Deitch (born June 9, 1950) is an American business executive and philanthropist, and the author of Elevate: An Essential Guide to Life.
In 2018, he founded the Elevate Prize Foundation, whose mission is to “empower individuals and organizations whose ideas and endeavors elevate the human experience".
The organization will award $5 million annually amongst its recipients starting in 2020.
He is the founder and Chairman of Commonwealth Financial Network, the largest privately owned independent broker/dealer-RIA in the United States with approximately $161 billion in assets under management.
In addition, Deitch is the chairman of Southworth Development, a golf and leisure real estate company.
He has also served as a Broadway Producer and won a Tony Award as co-producer of The Gershwin’s Porgy and Bess in 2012.
Deitch also founded the Deitch Leadership Institute at the Boston Latin School, the oldest public school in the United States (1635).