Michael Murphy
Michael Murphy is a registered investment advisor at Commonwealth Financial Network, based in Omaha, NE, with 31 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
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
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.
Location
9290 W Dodge Rd, Suite 402, Omaha, NE, 68144
Get directionsHistory
Regulatory History (3)
Customer Dispute
July 2006Regulatory
March 1998Regulatory
December 1997Other Business ActivitiesSells Insurance
Michael sells fixed insurance and is a co-owner of Nelson Murphy Insurance & Investments, LLC, which facilitates securities, advisory, and insurance business. He also co-owns two rental properties in Omaha, NE, dedicating minimal time to these properties.
Employment History
Current Registrations
Commonwealth Financial NetworkBroker
Commonwealth Financial Network
Previous Registrations
Securities America Advisors, INC.
Securities America, INC.Broker
Ameritas Investment CORP
Ameritas Investment CORP.Broker
State Registrations17 states
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.