Murphy Wealth Management Group provides financial planning, portfolio management for individuals and small businesses, and educational seminars. Financial planning was provided to 251–500 clients last fiscal year.
Murphy Wealth Management Group reports 384 clients. They include 287 individual clients, 80 high-net-worth individuals, and 17 pension and profit-sharing plans. Of its assets, 100.0% ($252M across 860 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 75% | 37% |
| High-net-worth individuals | 21% | 61% |
| Pension and profit-sharing plans | 4% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 287 | $93.3M | 37.0% | $325K |
| High-net-worth individuals | 80 | $154M | 61.2% | $1.93M |
| Pension and profit-sharing plans | 17 | $4.33M | 1.7% | $255K |
| Total | 384 | $252M | 100% | $656K |
- Clients
- 287
- Regulatory AUM
- $93.3M
- AUM share
- 37.0%
- Avg. per client
- $325K
- Clients
- 80
- Regulatory AUM
- $154M
- AUM share
- 61.2%
- Avg. per client
- $1.93M
- Clients
- 17
- Regulatory AUM
- $4.33M
- AUM share
- 1.7%
- Avg. per client
- $255K
Total
- Clients
- 384
- Regulatory AUM
- $252M
- AUM share
- 100%
- Avg. per client
- $656K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Murphy Wealth Management Group charges 0.70%–2.00% a year for its Asset Management. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Hourly Consulting
- Hourly fees do not exceed $1,000 an hour; fixed fees range from $1,000 to $2,000; fees are negotiable.
Daniel Murphy owns 75% or more of Murphy Wealth Management Group. Daniel Murphy is CEO. It has 6 employees, 3 of them in advisory roles.
Leadership
- Daniel MurphyChief Compliance Officer, Chief Executive Officer and President
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
- Matthew Francis Brady
- Connor Peter Briggs
- Daniel James Murphy JR
Staff
- 6 employees
- 3 in advisory functions
- 3 state-registered reps
- 3 broker-dealer reps
- Owns 75% or more of Murphy Wealth Management Group, Inc.
Daniel Murphy
Control person · since January 2020
Murphy Wealth Management Group’s regulatory assets grew from $178M (January 2021) to $252M (January 2026); clients rose from 359 to 384 and employees from 5 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| January 2026 | $252M | 384 | 6 | 1 |
| January 2025 | $216M | 382 | 6 | 1 |
| January 2024 | $177M | 379 | 6 | 1 |
| May 2023 | $163M | 357 | 6 | 1 |
| May 2022 | $192M | 354 | 7 | 1 |
| January 2021 | $178M | 359 | 5 | 1 |
Besides its headquarters, Murphy Wealth Management Group has 0 offices, with 1 listed address in New York.
New York · 1 listed address
- 60 Merritt BLVD., Suite 106, FishkillHQ
Contact and registration details
- Legal name
- Murphy Wealth Management Group, Inc.
- Headquarters
- 60 Merritt BLVD., Suite 106, Fishkill, NY 12524
- Website
- murphywealth.com
- Phone
- 845-226-1200
- @murphy-wealth-management-group
- SEC file
- 801-108780
- Structure
- New York other (specify)
- Fiscal year end
- December
Murphy Wealth Management Group uses LPL Financial ($252M) as custodian for its separately managed accounts. Murphy Wealth Management Group does not have custody of client assets.
- LPL FinancialLPL Financial LLC · Boston, MA · $252M100%
At year end, Murphy Wealth Management Group’s separately managed accounts were mostly in funds (86%) and stocks (11%).
What the accounts hold
- Stocks11%
- Funds86%
- Cash3%
How many clients does Murphy Wealth Management Group have?
Murphy Wealth Management Group has 384 clients and manages $252 million for them, as of January 2026. They include 287 individual clients, 80 high-net-worth individuals, and 17 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 6 January 2026
What services does Murphy Wealth Management Group offer?
Murphy Wealth Management Group provides financial planning, portfolio management for individuals and small businesses, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Murphy Wealth Management Group charge?
Murphy Wealth Management Group charges 0.70%–2.00% a year for its Asset Management. The fee is billed in advance and is negotiable.
Which custodians does Murphy Wealth Management Group use?
Murphy Wealth Management Group’s separately managed account assets are held at LPL Financial LLC (Boston, MA), with $252M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 6 January 2026
How many financial advisors does Murphy Wealth Management Group have?
Murphy Wealth Management Group has 3 investment adviser representatives registered with state securities authorities, out of 6 employees, and 3 perform investment advisory functions. 3 employees are registered representatives of a broker-dealer and 0 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Murphy Wealth Management Group invest in?
At the end of its last fiscal year, Murphy Wealth Management Group’s separately managed accounts held 86% registered funds (mutual funds, ETFs, BDCs), 11% exchange-traded equities and 3% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Murphy Wealth Management Group?
Murphy Wealth Management Group’s direct owner is Daniel Murphy (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 6 January 2026
How does Murphy Wealth Management Group get paid?
Murphy Wealth Management Group is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Murphy Wealth Management Group?
Murphy Wealth Management Group’s main office is at 60 Merritt BLVD., Suite 106, Fishkill, NY 12524. Its phone number is 845-226-1200. Its website is murphywealth.com.