JM
CFP
JM
CFP

John Murphy

32 Years of Experience
North Bellmore, NY
Broker

John Murphy is a CFP-designated registered investment advisor at Ameriprise Financial Services, LLC, based in North Bellmore, NY, with 32 years of industry experience. John operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 1,330,280 clients with $560B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
12781 advisors
Number of Clients
1,330,280 clients
Average Client Portfolio
$424K average
Assets Under Management
$564.6B

Fee Structure

Minimum Investment:$2K

Ameriprise Financial Services offers several managed account programs. The fees vary depending on the program selected. These fees include an asset-based fee, which covers investment advisory services and investment management fees. Some accounts may also have an Investments and Infrastructure Support Fee. Clients also pay investment costs, which are the underlying fees related to investment products purchased within the managed account. Additional fees and expenses may be incurred based on the nature of the investments.

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Location

North Bellmore, NY

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business Activities

John is the Chairman of the Board/President of Murphy since 2015, dedicating minimal time. He also works for Dennis R. Miller and Associates, LLC and Sapphire Management, spending about 10-20% of his time at Sapphire Management.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
October 2024 - Present · 1 yr 7 mos
Ameriprise Financial Services, LLC
October 2024 - Present · 1 yr 7 mos
Ameriprise Financial Services, LLCBroker
October 2024 - Present · 1 yr 7 mos
Previous Registrations
Ameriprise Financial Services, LLC
April 2021 - August 2024 · 3 yrs 4 mos
Ameriprise Financial Services, LLCBroker
May 2004 - August 2024 · 20 yrs 3 mos
Ids Life Insurance CompanyBroker
May 2004 - July 2006 · 2 yrs 2 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
October 1998 - May 2004 · 5 yrs 7 mos
Continental Broker-Dealer CORP.Broker
January 1993 - October 1998 · 5 yrs 9 mos
State Registrations1 state
NY
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.