CM
CFP · ChFC
CM
CFP · ChFC

Christopher Murphy

38 Years of Experience
Cary, NC
1 DisclosureBrokerSells Insurance

Christopher Murphy is a CFP, ChFC-designated registered investment advisor at Commonwealth Financial Network, based in Cary, NC, with 38 years of industry experience. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 399,450 clients with $210B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3079 advisors
Number of Clients
399,450 clients
Average Client Portfolio
$525K average
Assets Under Management
$209.7B

Fee Structure

Commonwealth Financial Network offers investment management through various programs like PPS Custom, PPS Select, and PPS Direct. Fees are generally calculated as a percentage of your portfolio, including cash and money market positions. The exact fees vary depending on the specific program and the agreement between you and your advisor.

Commonwealth generally offers two types of fee schedules: blended and breakpoint. With a blended schedule, different portions of your portfolio are charged at different rates. With a breakpoint schedule, the fee rate declines as your portfolio value reaches certain levels. All fees are negotiable between the advisor and client.

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Location

1255 Crescent Green, Suite 116, Cary, NC, 27518

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
October 2002
Denied
Other Business ActivitiesSells Insurance

Christopher sells fixed insurance products since 2017. He is also the owner and president of CMLZ, LLC, created to operate the branch office, dedicating minimal time to this activity.

Employment History
Current Registrations
Commonwealth Financial Network
April 2017 - Present · 9 yrs 3 mos
Commonwealth Financial NetworkBroker
April 2017 - Present · 9 yrs 3 mos
Previous Registrations
Ameriprise Financial Services, INC.
September 2004 - April 2017 · 12 yrs 7 mos
Ameriprise Financial Services, INC.Broker
September 1988 - April 2017 · 28 yrs 7 mos
Ids Life Insurance CompanyBroker
September 1988 - July 2006 · 17 yrs 10 mos
E. F. Hutton & Company INCBroker
December 1985 - April 1987 · 1 yr 4 mos
State Registrations21 states
ALCACOCTDEFLGAMAMEMIMONCNJNYOHRISCTNTXVAWA
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.