TM
TM
Tommie Murphy
42 Years of Experience
Walnut Creek, CA
5 DisclosuresBroker
Tommie Murphy is a registered investment advisor at Wells Fargo Advisors, based in Walnut Creek, CA, with 42 years of industry experience. Their practice areas include Business Owners, Divorce Planning, Education Planning, Financial Planning & Coaching, and 2 more. Their firm serves 1,327,695 clients with $610B in assets under management.
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
14703 advisors
IM Fee
Planning only
Assets Under Management
$606.0B
Fee Structure
Minimum Investment:$250K
- Cash Flow Analysis — Up to $1,000 for clients with a net worth of $250,000 to $500,000; up to $2,500 for clients with a net worth over $500,000 to $1,000,000; up to $5,000 for clients with a net worth over $1,000,000.
- Education Planning — Up to $1,000 for clients with a net worth of $250,000 to $500,000; up to $2,500 for clients with a net worth over $500,000 to $1,000,000; up to $5,000 for clients with a net worth over $1,000,000.
- Retirement Planning — Up to $1,000 for clients with a net worth of $250,000 to $500,000; up to $2,500 for clients with a net worth over $500,000 to $1,000,000; up to $5,000 for clients with a net worth over $1,000,000.
- Risk Planning — Up to $1,000 for clients with a net worth of $250,000 to $500,000; up to $2,500 for clients with a net worth over $500,000 to $1,000,000; up to $5,000 for clients with a net worth over $1,000,000.
- Wealth Planning — Up to $1,000 for clients with a net worth of $250,000 to $500,000; up to $2,500 for clients with a net worth over $500,000 to $1,000,000; up to $5,000 for clients with a net worth over $1,000,000.
- Divorce Planning — Up to $1,500 for clients with a net worth of $250,000 to $500,000; up to $3,750 for clients with a net worth over $500,000 to $1,000,000; up to $7,500 for clients with a net worth over $1,000,000.
- Special Needs Analysis — Up to $1,500 for clients with a net worth of $250,000 to $500,000; up to $3,750 for clients with a net worth over $500,000 to $1,000,000; up to $7,500 for clients with a net worth over $1,000,000.
- Sports & Entertainment — Up to $1,500 for clients with a net worth of $250,000 to $500,000; up to $3,750 for clients with a net worth over $500,000 to $1,000,000; up to $7,500 for clients with a net worth over $1,000,000.
- Business Owner Planning — Up to $1,500 for clients with a net worth of $250,000 to $500,000; up to $3,750 for clients with a net worth over $500,000 to $1,000,000; up to $7,500 for clients with a net worth over $1,000,000.
The total fee per engagement can range up to $5,000 for clients with a net worth of $250,000 to $500,000, up to $12,500 for clients with a net worth over $500,000 to $1,000,000, and up to $25,000 for clients with a net worth over $1,000,000. Fees are subject to negotiation and may vary.
One-Time Plan:Up to $25,000
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Location
2033 N Main St Ste 800, Walnut Creek, CA, 94596
Get directionsHistory
Regulatory History (5)
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Customer Dispute
August 2015Denied
Customer Dispute
June 2012Denied
Customer Dispute
October 2008Denied
Customer Dispute
October 2006Denied
Customer Dispute
May 1995Settled
Employment History
Current Registrations
Wells Fargo Advisors
October 2020 - Present · 5 yrs 7 mos
Wells Fargo Clearing Services, LLC
October 2020 - Present · 5 yrs 7 mos
Wells Fargo Clearing Services, LLCBroker
October 2020 - Present · 5 yrs 7 mos
Previous Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
July 2011 - October 2020 · 9 yrs 3 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
July 2011 - October 2020 · 9 yrs 3 mos
Wells Fargo Advisors, LLCBroker
July 2003 - July 2011 · 8 yrs
Wells Fargo Advisors, LLC
July 2003 - July 2011 · 8 yrs
Prudential Securities Incorporated
September 1988 - July 2003 · 14 yrs 10 mos
Prudential Securities IncorporatedBroker
September 1988 - July 2003 · 14 yrs 10 mos
Thomson Mckinnon Securities INC.Broker
January 1984 - September 1988 · 4 yrs 8 mos
Dean Witter Reynolds INC.Broker
June 1983 - February 1984 · 8 mos
State Registrations22 states
AZCACOFLGAHIIDINMAMONCNYOHORPASCSDTNTXUTVAWA
AdvisorBrokerBoth
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.
Exams
No exam information available for this advisor.