CM

Charles Ray Murphy

35 Years of Experience

Firm Information

Compensation
Commission-BasedFee-Only (AUM)Fixed/Hourly
Number of Advisors
69 advisors
Number of Clients
4,509 clients
Average Client Portfolio
$686K average
Assets Under Management
$3.1B

Fee Structure

Minimum Investment:$50K
Financial Plan Fee:From $500

Moors & Cabot charges management fees based on either a flat percentage or a tiered fee rate schedule applied to the total account value. The specific fee is negotiable, with a minimum rate of 0.5% and a maximum of 1.5%, unless approved by senior management. They also offer financial planning services with fees typically exceeding $500, based on fixed or hourly rates negotiated with the advisor. Fees may be offset by commissions received from implementing planning recommendations.

Areas of Practice
Investment ManagementRetirement PlanningTax PlanningEstate PlanningEducation PlanningInsurance Planning
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Advisor Information

Office location

645 East Missouri Avenue, Suite 170, Phoenix, AZ, 85012

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Regulatory History (1)
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Employment Separation After Allegations
September 2016
Other Business Activities

Charles operates a sole proprietorship, Hobby-Cars, buying, restoring, repairing, selling, and trading cars, dedicating a few hours per week. He also owns a commercial building in Hobbs, NM, dedicating minimal time to it.

Employment History
Current Registrations
Moors & Cabot, INC
September 2016 - Present · 9 yrs 4 mos
Moors & Cabot, INC. Broker
September 2016 - Present · 9 yrs 4 mos
Previous Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
February 1991 - September 2016 · 25 yrs 7 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated Broker
December 1990 - September 2016 · 25 yrs 9 mos
State Registrations29 states
ARAZCACOCTFLIDKSKYLAMIMNMOMTNCNJNMNVOHOKORPASCTXUTVAWAWIWY
AdvisorBrokerBoth
Exams
No exam information available for this advisor.