Richard Murphy is a registered investment advisor at LPL Financial LLC, based in Scarborough, ME, with 44 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
LPL Financial, along with your advisor, charges an annual fee based on the value of your account. This fee covers asset management, administrative, and custodial services. The fee is negotiable, but the maximum is 2.50% per year, paid quarterly in advance. LPL may share a portion of this fee with your advisor.
Location
7 Oak Hill Terrace, Suite 107, Scarborough, ME, 04074
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Richard is involved in real estate rentals, spending minimal time on it. He is also a non-profit board member for the Town of Scarborough, Maine, dedicating minimal time to this role. Additionally, he operates under the DBAs Richard E. Murphy Co. and murphy.financial for his LPL business, spending about a quarter of his time on it during trading hours.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Advest, INC.Broker
State Registrations19 states
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