Murphy Wealth Management Group is a registered investment advisor that provides ongoing investment management and financial planning services primarily to individuals and high-net-worth individuals. Founded in 1991, Murphy Wealth Management Group tailors its investment strategies to each client's specific goals, using fundamental analysis, technical analysis, and modern portfolio theory. Portfolios typically include stocks, bonds, mutual funds, exchange-traded funds, and other public and private securities, with asset custody maintained through LPL Financial. In addition to investment management, Murphy Wealth Management Group offers hourly and fixed-fee financial planning covering retirement, tax strategies, estate needs, insurance, and cash flow budgeting.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 2.00% |
| $500K - $700K | 1.25% |
| $700K - $1.2M | 1.10% |
| $1.2M - $2.0M | 0.95% |
| $2.0M - $3.0M | 0.85% |
| $3.0M - $5.0M | 0.70% |
| $5M+ | 0.70% |
Fees for accounts over $5,000,000 are negotiable. Accounts under $500,000 are assessed at rates higher than 1.25% up to 2.00%.