Murray Financial Services provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Murray Financial Services reports 132 clients. They include 115 individual clients, 14 high-net-worth individuals, and 2 corporations and other businesses. Of its assets, 99.4% ($133M across 267 accounts) are managed with discretion; $811K across 2 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 87% | 23% |
| High-net-worth individuals | 11% | 73% |
| Pension and profit-sharing plans | <1% | <1% |
| Corporations and other businesses | 2% | 4% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 115 | $30.7M | 22.9% | $267K |
| High-net-worth individuals | 14 | $97.4M | 72.7% | $6.96M |
| Pension and profit-sharing plans | Fewer than 5 | $643K | 0.5% | $643K |
| Corporations and other businesses | Fewer than 5 | $5.33M | 4.0% | $2.66M |
| Total | 132 | $134M | 100% | — |
- Clients
- 115
- Regulatory AUM
- $30.7M
- AUM share
- 22.9%
- Avg. per client
- $267K
- Clients
- 14
- Regulatory AUM
- $97.4M
- AUM share
- 72.7%
- Avg. per client
- $6.96M
- Clients
- Fewer than 5
- Regulatory AUM
- $643K
- AUM share
- 0.5%
- Avg. per client
- $643K
- Clients
- Fewer than 5
- Regulatory AUM
- $5.33M
- AUM share
- 4.0%
- Avg. per client
- $2.66M
Total
- Clients
- 132
- Regulatory AUM
- $134M
- AUM share
- 100%
- Avg. per client
- —
- 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
- 0
Murray Financial Services charges 0.85%–1.35% a year for its Discretionary portfolio management. The fee is billed in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial planning and consulting
- Financial planning and consulting fees are fixed or hourly, agreed before the contract; the brochure states no rate and not all clients are charged.
- Pension consulting services
- Pension consulting is billed at between 0.50% and 1.00% of the plan assets consulted on, and is negotiable.
Kevin Murray owns 75% or more of Murray Financial Services. The leadership team of Murray Financial Services includes Chief Compliance Officer Kevin Murray. It has 3 employees, 2 of them in advisory roles.
Leadership
Kevin MurrayChief Compliance Officer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 2 in advisory functions
- 2 state-registered reps
- 1 insurance agent
- Owns 75% or more of Murray Financial Services, Inc
Kevin Murray
Control person · since April 2015
Murray Financial Services’ regulatory assets grew from $114M (July 2022) to $134M (March 2026); clients fell from 151 to 132 and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $134M | 132 | 3 | 1 |
| May 2025 | $122M | 142 | 3 | 1 |
| March 2024 | $118M | 152 | 3 | 1 |
| March 2023 | $107M | 158 | 3 | 1 |
| July 2022 | $114M | 151 | 3 | 1 |
Besides its headquarters, Murray Financial Services has 0 offices, with 1 listed address in California.
California · 1 listed address
- 140 Yellowstone Drive, Suite 100, ChicoHQ
Contact and registration details
- Legal name
- Murray Financial Services, Inc
- Headquarters
- 140 Yellowstone Drive, Suite 100, Chico, CA 95973
- Website
- murrayfinancialservices.com
- Phone
- 530-896-5484
- @murray-financial-services
- SEC file
- 801-126157
- Structure
- California corporation
- Fiscal year end
- December
Murray Financial Services uses Charles Schwab ($134M) as custodian for its separately managed accounts. Murray Financial Services has custody of $126M in client assets for 45 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $134M100%
At year end, Murray Financial Services’ separately managed accounts were mostly in funds (98%).
What the accounts hold
- Funds98%
- Registered funds97%
- Pooled vehicles1%
- Bonds1%
- Cash2%
How many clients does Murray Financial Services have?
Murray Financial Services has 132 clients and manages $134 million for them, as of March 2026. They include 115 individual clients, 14 high-net-worth individuals, and 2 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026
What services does Murray Financial Services offer?
Murray Financial Services provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Murray Financial Services charge?
Murray Financial Services charges 0.85%–1.35% a year for its Discretionary portfolio management. The fee is billed in arrears and is negotiable.
Which custodians does Murray Financial Services use?
Murray Financial Services’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $134M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026
How many financial advisors does Murray Financial Services have?
Murray Financial Services has 2 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Murray Financial Services invest in?
At the end of its last fiscal year, Murray Financial Services’ separately managed accounts held 97% registered funds (mutual funds, ETFs, BDCs), 2% cash and equivalents, 1% investment grade corporate bonds and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Murray Financial Services?
Murray Financial Services’ direct owner is Kevin Murray (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 26 March 2026
How does Murray Financial Services get paid?
Murray Financial Services 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
Is Murray Financial Services registered with the SEC?
Yes, Murray Financial Services has been registered with the SEC as an investment adviser since 22 July 2022. Its CRD number is 176528 and its SEC file number is 801-126157.
Source: Form ADV Part 1A, Item 1, filed 26 March 2026; IAPD firm record
How do I contact Murray Financial Services?
Murray Financial Services’ main office is at 140 Yellowstone Drive, Suite 100, Chico, CA 95973. Its phone number is 530-896-5484. Its website is murrayfinancialservices.com.