Murphy Capital Management Inc is a large advisory firm based in Gladstone. It manages $810.45 million of regulatory assets for 1,222 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 15 other states.
Murphy Capital Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Murphy Capital Management Inc is $810.45 million. The firm's AUM has grown by 124% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Murphy Capital Management Inc for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of John Joseph Murphy is high net worth individuals with 182 clients and $619.86 million of assets under management. Among the 12 most similar advisory firms, Murphy Capital Management has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $791.85 million for 513 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Murphy Capital Management doesn't advise any private funds.
The company employs 10 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.
There are 3 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
John Joseph Murphy has been acting as President since 1 Oct 1983. Peter Jonathan Lewis joined the executive team most recently as the President.
The principal office where Murphy Capital Management Inc performs its advisory services is located at 268 Main Street, Gladstone, NJ 07934 The mailing address of the firm is 268 Main Street, Gladstone, NJ 07934. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 908-719-6430 or by fax 908-719-6435. The normal business hours are 9 am to 5 pm on Monday - Friday. You can find more information about the New York firm at murphycapital.com.