Terrance Murphy has been President of Total Clarity Wealth Management since July 2006, is a control person of the firm and directly owns between 5% and 10% of it. Terrance Murphy holds a Bachelor's Degree in history and political science from State University of New York.
Total Clarity Wealth Management, Inc is a St. Charles, IL firm with $755M under management, 1,038 clients and 20 advisers across 12 offices, as of its July 2026 filing.
Terry Murphy is President of Total Clarity Wealth Management, Inc., which he co-founded in 2006. He is an investment advisory representative with over 20 years of experience and develops individualized strategies for clients, especially during major life turning points. Earlier, he served in the U.S. Army as an Intelligence Analyst.
Terrance Murphy’s longest registration is the current one, 19 years at Total Clarity Wealth Management since 2007. Before joining Total Clarity Wealth Management in 2007, Terrance Murphy was registered through Cetera Advisor Networks LLC.
- – present · 19 yearsFort Myers Beach, FL · Adviser representative · Firm CRD 142728
- Cetera Advisor Networks LLC– · 17 yearsSt. Charles, IL · Adviser representative · Firm CRD 13572
Professional designations
Listed by Total Clarity Wealth Management
- CERTIFIED FINANCIAL PLANNER™ (CFP®)
- Accredited Investment Fiduciary (AIF®)
Investment adviser representative registrations
Terrance Murphy is registered as an investment adviser representative in 3 states. The first approvals date from April 2007; the most recent is Florida, in August 2020.
- FloridaSince 10 August 2020
- IllinoisSince 12 April 2007
- TexasSince 12 April 2007
Examinations
| Exam | Name | Passed |
|---|---|---|
| SIE | Securities Industry Essentials Examination | Credited |
| Series 4 | Registered Options Principal Examination | 12 November 2009 |
| Series 24 | General Securities Principal Examination | 26 February 2007 |
| Series 65 | Uniform Investment Adviser Law Examination | 1 July 1999 |
| Series 7 | General Securities Representative Examination | 24 March 1999 |
| Series 63 | Uniform Securities Agent State Law Examination | 3 December 1991 |
| Series 6 | Investment Company Products/Variable Contracts Representative Examination | 3 December 1991 |
- Name
- Securities Industry Essentials Examination
- Name
- Registered Options Principal Examination
- Name
- General Securities Principal Examination
- Name
- Uniform Investment Adviser Law Examination
- Name
- General Securities Representative Examination
- Name
- Uniform Securities Agent State Law Examination
- Name
- Investment Company Products/Variable Contracts Representative Examination
- Full name
- Terrance Patrick Murphy
- CRD
- 2191779
- Firm
- Total Clarity Wealth Management · CRD 142728
- Role
- President
- Office
- Fort Myers Beach, FL
- Registration
- Investment adviser and broker registrations
- In the industry since
- December 1991
- Disciplinary history
- Not yet shown here · SEC record · BrokerCheck
- Firm bio
- totalclaritywealth.com
Where does Terrance Murphy work?
Terrance Murphy has been President of Total Clarity Wealth Management, Inc since July 2006, and is a control person of the firm.
Is Terrance Murphy a financial advisor?
Yes. Terrance Murphy has a current investment-adviser registration in Florida, Illinois and Texas, through Total Clarity Wealth Management since April 2007.
How many years of experience does Terrance Murphy have?
Terrance Murphy has 34 years in the financial industry, since December 1991, across 2 adviser firms.
What exams has Terrance Murphy passed?
Terrance Murphy has passed 6 licensing exams: the Series 63, Series 6, Series 7, Series 65, Series 24 and Series 4. The earliest, the Series 63, was passed in December 1991. FINRA credited Terrance Murphy with the SIE, which began in October 2018.
Where is Terrance Murphy based?
Terrance Murphy’s registered office is in Fort Myers Beach, FL.
Is Terrance Murphy registered with FINRA?
Yes. Terrance Murphy has a current broker registration, under CRD 2191779.
Source: FINRA BrokerCheck
Is Terrance Murphy a CFP?
Total Clarity Wealth Management lists Terrance Murphy with the CFP credential (“CERTIFIED FINANCIAL PLANNER™ (CFP®)”) on its website. CFP Board confirms certification status.
How can I verify Terrance Murphy’s record?
Search CRD 2191779 on the SEC’s adviser search (adviserinfo.sec.gov) and FINRA’s broker search (brokercheck.finra.org), which publish Terrance Murphy’s full registration record.