{"url":"https://nivawealth.com/firms/murray-financial-services-176528","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/176528","regulatoryAum":134039352,"crd":"176528","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"8180506","suffix":null,"lastName":"AGNEW","firstName":"GANNON","middleName":"KENNETH JAMES"},{"crd":"2404155","suffix":null,"lastName":"MURRAY","firstName":"KEVIN","middleName":"IAN"}],"total":2,"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":"2022-07-11","regulatoryAum":114267691,"clients":151,"employees":3,"offices":1},{"filedOn":"2023-03-29","regulatoryAum":106878033,"clients":158,"employees":3,"offices":1},{"filedOn":"2024-03-20","regulatoryAum":118418555,"clients":152,"employees":3,"offices":1},{"filedOn":"2025-05-02","regulatoryAum":122386911,"clients":142,"employees":3,"offices":1},{"filedOn":"2026-03-26","regulatoryAum":134039352,"clients":132,"employees":3,"offices":1}],"secFileNumber":"801-126157","legalName":"Murray Financial Services, Inc","displayName":"Murray Financial Services","slug":"murray-financial-services-176528","website":"https://murrayfinancialservices.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/176528/651c51ff81923b81-r1.webp","tone":"light","width":273,"height":200,"sourceUrl":"https://www.murrayfinancialservices.com/","sourceLabel":"Murray Financial Services, INC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/murray-financial-services","xUrl":"https://x.com/Kevinimurray","founded":null,"organization":"California corporation","fiscalYearEnd":"December","headquarters":{"street":"140 Yellowstone Drive, Suite 100","city":"Chico","state":"CA","stateName":"California","country":"United States","postalCode":"95973"},"tradeNames":[],"registration":{"secApproved":"22 July 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":992776.2403100776,"staff":{"employees":3,"advisory":2,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":134039352,"discretionary":133228725,"discretionaryAccounts":267,"nonDiscretionary":810627,"nonDiscretionaryAccounts":2,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":115,"regulatoryAum":30681238},{"label":"High-net-worth individuals","clients":14,"regulatoryAum":97386897},{"label":"Pension and profit-sharing plans","clients":1,"fewerThan5":true,"regulatoryAum":643461},{"label":"Corporations and other businesses","clients":2,"fewerThan5":true,"regulatoryAum":5327756}],"feePrograms":[{"role":"main","program":"Discretionary portfolio management","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1027353","versionId":1027353,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-26","documentName":"ADV PART 2A BROCHURE","fee_rate_low":0.85,"fee_rate_high":1.35,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial planning and consulting","summary":"Financial planning and consulting fees are fixed or hourly, agreed before the contract; the brochure states no rate and not all clients are charged.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1027353","versionId":1027353,"submittedOn":"2026-03-26","documentName":"ADV PART 2A BROCHURE"},{"role":"other","program":"Pension consulting services","summary":"Pension consulting is billed at between 0.50% and 1.00% of the plan assets consulted on, and is negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1027353","versionId":1027353,"submittedOn":"2026-03-26","documentName":"ADV PART 2A BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T15:10:09.367531+00:00","documents":[{"name":"ADV PART 2A BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1027353","versionId":1027353,"submittedOn":"2026-03-26"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":133753356}],"custodyNote":"Murray Financial Services has custody of $126M in client assets for 45 clients.","leadership":[{"name":"Kevin Murray","title":"Chief Compliance Officer","crd":"2404155"}],"ownership":[{"label":"Kevin Murray","detail":"Chief compliance officer in the 75% or more ownership band and a control person, since April 2015."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"140 Yellowstone Drive, Suite 100","city":"Chico","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"530-896-5484","stateRegisteredReps":2,"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","Pension consulting services"],"financialPlanningClients":"0","assetMix":[{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":97},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":1},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"26 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/176528/PDF/176528.pdf","brochureDate":"26 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1027353","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 Murray Financial Services have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Murray Financial Services offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Murray Financial Services charge?","answer":"Murray Financial Services charges 0.85%–1.35% a year for its Discretionary portfolio management. The fee is billed in arrears and is negotiable.","source":"ADV PART 2A BROCHURE, filed 26 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Murray Financial Services use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Murray Financial Services have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Murray Financial Services invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Murray Financial Services?","answer":"Murray Financial Services’ direct owner is Kevin Murray (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 26 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Murray Financial Services get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Murray Financial Services registered with the SEC?","answer":"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","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Murray Financial Services?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 26 March 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."}