A family misfortune led Dan Murphy to his professional mission: helping clients navigate the twists and turns of wealth management.

Dan Murphy, of Murphy Wealth Management Group, is passionate about helping people make smart decisions about their financial lives. For him, it’s personal. As a trusted Hudson Valley financial advisor for more than 30 years, Murphy says it all comes down to a simple concept. “It’s not how much money you make; it’s how much you keep.” It’s a lesson Murphy learned the hard way, as his parents, with no one to guide them, made poor financial decisions with disastrous results.

“We believe our clients take comfort in knowing that the team they are working with brings more than 100 years of collective experience to their side.”
—Dan Murphy, CFP®, Founder, Murphy Wealth Management Group

AN UNINFORMED CHOICE, A FAMILY CRISIS

Murphy’s dad was a hard-working New York City fi reman; his mom raised four children. When his father left the fi re department, he opted to cash out his pension. He died relatively young, leaving his wife with no survivor’s pension and no health insurance.

“What happened to my parents drives me to this day,” says Murphy. “If my parents had someone in their corner to advise them, this may not have happened. In many ways, it’s why I founded this firm. I give my clients the same honest—sometimes tough—advice I would give to any member of my family.”

It’s Murphy Wealth Management Group’s holistic approach that sets it apart from the crowd. In addition to highly personalized attention, the group offers its clients tax, investment, estate planning, and wealth management services, all under one roof. “It’s really one-stop shopping,” says Murphy. “The easier we can make this process for our clients, the more they can focus on their dreams and plans for the future.”

PEOPLE FIRST, STRATEGIES SECOND

When people think about wealth management, they typically think about money. Murphy Wealth Management Group takes a different approach.

“We feel that wealth management starts with a deep understanding and caring for our clients on a personal level,” says Murphy. “I want to know what keeps them up at night, what kind of retirement they envision, and what aspect of their financial situation needs to change. My job is to listen and learn. Only then can I get to work planning a strategy and earning their trust. People come first, strategies second.”

Murphy and his colleagues use state-of-the-art predictive technology to calculate clients’ risk levels and prepare for market volatility. Then they construct a customized wealth plan using top-rated mutual fund companies, all without any commissions.

“As a fiduciary advisory fi rm, we have always put our clients’ interests ahead of our own,” Murphy confirms. “We focus on planning over products and establishing trust over time. Our number one goal is for people to be in a better position for having met with us.” The fi rm’s client-first model has served them well as 98 percent of their clients have been with them for many years or even decades.

“At the end of the day,” says Murphy, “my job is to be your family’s own personal CFO, helping you build wealth that lasts.”