Murphy Wealth Management Group

Retirement Planning Firm in Pawling, NY

Firm Info
Address: 60 Merritt Blvd #106, Fishkill, NY 12524, USA
Phone: (845) 226-1200

Firm Size
Assets Under Management: $191.8 million
# of Advisors: 3
# of Clients: 732
Client to Advisor Ratio: 244:1
Average Account Size: $261,978
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Educational Seminars & Workshops

Types of Clients
  • Individuals (Not High Net Worth)
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth

  • Pension & Profit Sharing Plans

Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Hourly
  • Fixed Fees (Other than subscription)

Get Connected with a Financial Advisor

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Murphy Wealth Management Group Overview

Transparent Wealth Consulting LLC is an investment advisory firm based in New York, NY. The firm has been in business since 2017 and is registered as an investment advice only firm. The fee arrangement is fee-only, which means the firm gets paid for its services on a fee basis and does not receive any commissions or compensation from the sale of products. The firm caters both to individual investors and small businesses. It offers portfolio management services that help clients to grow their wealth over time by diversifying their holdings across different asset classes. This approach aims to reduce risk while maximizing returns over the long term. The firm's experienced and professional advisors work with clients to develop a strategy that is tailored to their investment goals, risk tolerance, and financial situation. In addition to portfolio management, Transparent Wealth Consulting LLC also offers pension consulting services. This service is designed to help small business owners manage their pension plans effectively. The firm's advisors assist clients in selecting investment strategies that are appropriate for their retirement plans and provide ongoing monitoring and evaluation to ensure that the plan is meeting its objectives. Overall, Transparent Wealth Consulting LLC is a great choice for individuals and small businesses looking for long-term investment management assistance.

MURPHY WEALTH MANAGEMENT GROUP caters to a diverse range of clients, including individuals, high net worth individuals, pension or profit sharing plans, and more. The firm's commitment to providing personalized financial solutions for each of its clients makes it stand out from other wealth management firms. They understand that every client has unique goals, aspirations, and financial requirements. By leveraging their deep understanding of the financial industry and their years of experience, the team at MURPHY WEALTH MANAGEMENT GROUP strives to deliver bespoke solutions that cater to the specific needs of each client. To ensure flexibility and offer cost-effective solutions, MURPHY WEALTH MANAGEMENT GROUP provides a variety of fee structures for different services provided. Clients have the option to choose from the percentage of assets under management (AUM), hourly-based fee model, or fixed fees for specific services. This approach helps clients choose the fee model that best suits their financial requirements, ensuring transparency and fair pricing. The AUM-based fee model is a traditional method where the client pays a percentage of their total investment portfolio. The hourly-based fee model charges clients for every hour spent on providing financial advice and services. Fixed fees are charged for specific services offered, which are discussed upfront with the client. No matter what fee structure is chosen, the team at MURPHY WEALTH MANAGEMENT GROUP is committed to providing value and ensuring that clients receive maximum returns on their investments.

Typical Clients, Fee Structures & Investment Minimum

The investment minimum for Murphy Wealth Management Group is $500,000, as stated in their Part 2 Brochure. The note about investment minimums in their brochure specifically states, "We require a minimum of $500,000 in order to open an account managed by our firm." Therefore, clients who are interested in working with this firm must be able to meet the $500,000 investment minimum requirement.

How This Office Can Help Pawling, NY Residents

Murphy Wealth Management Group is a financial advisory firm based in Pawling, NY that assists clients in managing their wealth effectively. The firm provides a range of personalized services tailored to meet the unique financial situations of their clients in this area. From retirement planning, investment management to asset protection strategies, Murphy Wealth Management Group is committed to helping their clients achieve their financial objectives. One of the significant financial challenges that someone living in Pawling, NY face is handling their investments. Murphy Wealth Management Group assists clients by helping them develop investment plans that are in line with their goals and risk tolerance. Additionally, the firm offers retirement income planning strategies that help clients build a financial nest egg that will sustain them through their retirement years. The group also assists clients in estate planning, helping them plan the distribution of their assets in a way that minimizes tax consequences and meets their end-of-life wishes. Through their tailored wealth management services, Murphy Wealth Management Group provides clients with the peace of mind that comes with making financially informed decisions.

To view the Minimum Investment and Fee Schedule for Murphy Wealth Management Group, visit their Part 2 Brochure.

Services Offered by Murphy Wealth Management Group

Core Advisor Services
Financial Planning

Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.

Portfolio Management for Individuals & Small Businesses

Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.

Market Timing Services

Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.

Other Services
Selection of Other Advisors

The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.

Publication of Periodicals or Newsletters

The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.

Educational Seminars & Workshops

The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.


Fee Structures

Financial advisory fees usually are based on the services provided. Fee types charged by Murphy Wealth Management Group most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

Available
Percentage of Assets Under Management (AUM)
Hourly
Fixed Fees (Other than subscription)
Unavailable
Subscription (Newsletter or Periodical)
Commissions
Performance-based Fees
Other

Types of Clients

*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.


This Office Location

Firm location 60 Merritt Blvd #106, Fishkill, NY 12524, USA
Phone (845) 226-1200
Directions
Google My Business Reviews:
5 Stars

Other Office Locations

This firm has no other locations.

State Registrations

Murphy Wealth Management Group is registered to service clients in the following states:

  • Connecticut
  • Florida
  • New Jersey
  • New York
  • North Carolina
  • Virginia

Disciplinary History

Murphy Wealth Management Group does not have any disclosures. Please visit it's Form ADV for more details.