Joseph Murphy is a registered investment advisor at Mwm Advisory Group, LLC, based in Valparaiso, IN, with 9 years of industry experience. Joseph operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Investment Management, and 2 more. Their firm serves 135 clients with $21M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $300K | 1.25% |
| $300K - $500K | 1.10% |
| $500K - $1.0M | 1.00% |
| $1.0M - $2.0M | 0.85% |
| $2.0M - $5.0M | 0.75% |
| $5M+ | 0.60% |
The annual fee may be higher or lower for some long-term clients, and MWM Advisory Group, LLC may offer lower fees at its discretion. Some legacy clients may be on a legacy fee schedule different from above (see your existing contract) but will be migrated to the fee schedule in the future.
Fee Estimator
Location
332 W. Us Hwy 30, Suite B, Valparaiso, IN, 46385
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Joseph is the CEO of Heartpuppet dba Murphy Wealth Management, an insurance agency, acting as an insurance producer/agent of life, health, and annuity policies, dedicating a few hours per week to this role. He is also an independent licensed insurance agent since 2006, selling life, health, and annuity products.
Employment History
Current Registrations
Mwm Advisory Group, LLC
Previous Registrations
Avantax Advisory Services
Avantax Investment Services, INC.Broker
Oneamerica Securities, INC.Broker
Il Securities, INC.Broker
Nylife Securities INC.Broker
State Registrations2 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.