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Edwin Murphy

Esi Financial Advisors
30 Years of Experience
Hauppauge, NY
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Edwin Murphy is a registered investment advisor at Esi Financial Advisors, based in Hauppauge, NY, with 30 years of industry experience. Edwin is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Annuities, Charitable Giving, Education Planning, Estate Planning, and 6 more. Their firm serves 12,379 clients with $2.8B in assets under management.

Esi Financial Advisors
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
534 advisors
Number of Clients
12,379 clients
Average Client Portfolio
$224K average
Assets Under Management
$2.8B

Fee Structure

Minimum Investment:$10K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1.0M1.00%
$1.0M - $2.5M0.75%
$2.5M - $5.0M0.60%
$5.0M - $10.0M0.50%
$10M+0.35%

Rates reflect the primary schedule used in programs like American Funds and Schwab Retirement Advisor Services. Other programs have different maximum fees (AssetMark up to 1.50%, Saratoga up to 2.00%, SEI up to 1.75% plus 0.05% administrative fee). Actual fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

410 Motor Parkway, 2nd Floor, Hauppauge, NY, 11788

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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
March 2024
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Edwin is the president of Edwin J. Murphy Inc, providing tax preparation, planning, accounting services, and tax resolution. He also sells life insurance products and fixed annuities through Murphy Financial Services, and this activity is investment-related.

Employment History
Current Registrations
Esi Financial Advisors
June 2021 - Present · 5 yrs 4 mos
Equity Services, INC.Broker
October 2016 - Present · 10 yrs
Previous Registrations
Ameriprise Financial Services, INC.Broker
January 2015 - October 2016 · 1 yr 9 mos
Equity Services, INC.Broker
September 2011 - December 2014 · 3 yrs 3 mos
NFP Securities, INC.Broker
December 2010 - September 2011 · 9 mos
Equity Services, INC.Broker
November 1995 - December 2010 · 15 yrs 1 mo
State Registrations10 states
CTFLMINCNHNJNVNYSCVA
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.
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