{"url":"https://nivawealth.com/firms/murphy-wealth-management-group-277161","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/277161","regulatoryAum":251868217,"crd":"277161","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6878183","suffix":null,"lastName":"Brady","firstName":"Matthew","middleName":"Francis"},{"crd":"6718823","suffix":null,"lastName":"BRIGGS","firstName":"CONNOR","middleName":"PETER"},{"crd":"1613634","suffix":"JR","lastName":"MURPHY","firstName":"DANIEL","middleName":"JAMES"}],"total":3,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-01-07","regulatoryAum":177604070,"clients":359,"employees":5,"offices":1},{"filedOn":"2022-05-17","regulatoryAum":191767839,"clients":354,"employees":7,"offices":1},{"filedOn":"2023-05-30","regulatoryAum":163146011,"clients":357,"employees":6,"offices":1},{"filedOn":"2024-01-04","regulatoryAum":177380765,"clients":379,"employees":6,"offices":1},{"filedOn":"2025-01-02","regulatoryAum":215956501,"clients":382,"employees":6,"offices":1},{"filedOn":"2026-01-06","regulatoryAum":251868217,"clients":384,"employees":6,"offices":1}],"secFileNumber":"801-108780","legalName":"Murphy Wealth Management Group, Inc.","displayName":"Murphy Wealth Management Group","slug":"murphy-wealth-management-group-277161","website":"https://murphywealth.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/murphy-wealth-management-group/","founded":null,"organization":"New York other (specify)","fiscalYearEnd":"December","headquarters":{"street":"60 Merritt BLVD., Suite 106","city":"Fishkill","state":"NY","stateName":"New York","country":"United States","postalCode":"12524"},"tradeNames":[],"registration":{"secApproved":"3 January 2017","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":674480.5340599455,"staff":{"employees":6,"advisory":3,"brokerDealerReps":3,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":251868217,"discretionary":251868217,"discretionaryAccounts":860,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":287,"regulatoryAum":93298502},{"label":"High-net-worth individuals","clients":80,"regulatoryAum":154235854},{"label":"Pension and profit-sharing plans","clients":17,"regulatoryAum":4333861}],"feePrograms":[{"role":"main","program":"Asset Management","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1000370","versionId":1000370,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-01-06","documentName":"FORM ADV PART 2A","fee_rate_low":0.7,"fee_rate_high":2,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning and Hourly Consulting","summary":"Hourly fees do not exceed $1,000 an hour; fixed fees range from $1,000 to $2,000; fees are negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1000370","versionId":1000370,"submittedOn":"2026-01-06","documentName":"FORM ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T15:15:59.334362+00:00","documents":[{"name":"FORM ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1000370","versionId":1000370,"submittedOn":"2026-01-06"}]},"custodians":[{"name":"LPL Financial LLC","shortName":"LPL Financial","location":"Boston, MA","smaAssets":251868217}],"custodyNote":"Murphy Wealth Management Group does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Daniel Murphy","title":"Chief Compliance Officer, Chief Executive Officer and President","crd":"1613634"}],"ownership":[{"label":"Daniel Murphy","detail":"Chief compliance officer, chief executive officer and president in the 75% or more ownership band and a control person, since January 2020."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"60 Merritt BLVD., Suite 106","city":"Fishkill","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"845-226-1200","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Educational seminars/workshops"],"financialPlanningClients":"251-500","assetMix":[{"label":"Exchange-traded equity securities","percent":11},{"label":"Securities issued by registered investment companies or business development companies","percent":86},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"6 January 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/277161/PDF/277161.pdf","brochureDate":"6 January 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1000370","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Murphy Wealth Management Group have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Murphy Wealth Management Group offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Murphy Wealth Management Group charge?","answer":"Murphy Wealth Management Group charges 0.70%–2.00% a year for its Asset Management. The fee is billed in advance and is negotiable.","source":"FORM ADV PART 2A, filed 6 January 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Murphy Wealth Management Group use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Murphy Wealth Management Group have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Murphy Wealth Management Group invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Murphy Wealth Management Group?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Murphy Wealth Management Group get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Murphy Wealth Management Group?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 6 January 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}