Murray Financial

Murray Financial, Inc. (MFI), led by Timothy T Murray, CFP, is an independent Registered Investment Advisory (RIA) and financial planning firm that provides hourly and fee-based advice. We are not paid commissions for investment advice.   Our goal is to develop and implement strategies that help you reach your major financial goals and, as a result, provide financial peace of mind.


How RIAs Differ from Brokers:

As a Registered Investment Advisory Firm (RIA), MFI has a commitment and fiduciary duty to put client's interest ahead of their own. Registered Representatives (i.e. brokers) first duty is to their brokerage firm, then the client.  At Murray Financial clients come first.

  • For investment advice, we are paid by our clients, not by commission - either as an asset-under-management fee for ongoing investment advice or an hourly rate for financial planning.  Brokers are paid in a variety of ways (commissions, sales quota bonuses, etc...) which can often create conflicts of interest.  For example, if Fund A & Fund B are similar and suitable for the client, a broker can choose the fund that pays a better commission - regardless of whether or not it is best for the client.  
  • With few exceptions MFI recommends low-cost index exchange traded funds (ETFs) or index mutual funds.  Brokers recommend high cost mutual funds that likely generate commissions as their source of income. Our commitment is to your best interest.

All MFI clients are provided with an Investment Policy Statement which describes how investment accounts will be allocated. We analyze your finances, provide ongoing expert guidance on changes needed, and implement quarterly rebalancing recommendations to ensure that your investment plan remains on target.


Six Principles and Practices:

MFI Principles

1.   Faith that the United States, and in totality, world economies will continue to grow and outpace inflation as they always have – long term.

2.   Patience in our approach and management of long term investments.  We use time-tested investment strategies proven to work.

3.   Discipline to consistently adhere to and fully embrace the current investment plan, regardless of market conditions.  We will take action based on a set plan as opposed to a reaction to market movements or news.


MFI Practices

1.   Asset allocation – establishes a stock to bond/cash ratio that is appropriate for the investor’s circumstances and helps reduce the likelihood of panic selling at a market low and/or euphoric buying at market highs.

2.   Diversification spreads risk among numerous asset classes so that a single category or security’s decline will not, in a significant way, adversely affect the long-term performance of the portfolio.

3. Rebalancing – takes advantage of market volatility by selling categories that have outperformed others (selling high) and uses those proceeds to purchase categories that have underperformed (buying low).


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Hot Links

Follow this link for archives of MFI Newsletters:   ==>>>  MFI Newsletter Link  

Check out one of our great newsletters or articles!

MFI sample newsletter, this one features Information on Retirement Planning
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Tim's Note:  Unlike Murray Financial, the vast majority in the financial services industry are not required to put their client's best interest ahead of their own or their brokerage/investment company's interests (i.e. do not have a fiduciary duty).  The Financial Planning Association (FPA) has sued - and won - requiring registered representatives/brokers who act as advisors be licensed as advisors.


Additionally, the SEC has been urged the FPA and other organizations to "implement a uniform fiduciary duty for broker-dealers and investment advisors where the standard is to act in the best interest of the investor," citing the negative impact on individuals, capital markets, society and the economy when advice is driven by an advisor's self-interest or their brokerage company's interest. When brokers are paid commissions it may result in conflict of interest to you, their client.


The good news is that this change will better protect financial investors.  Murray Financial, as an RIA, has always had a fiduciary duty to put clients' interests first. 


Not sure if your advisor is a broker or an RIA?  You should know!  Contact us today and we'll help you find out.


Email: or fill out our contact form (above) on this page.



Useful Documents/Lists

Financial Planning Association's Ten Questions To Ask
Looking for a financial planner? Check out this guide!
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If you are contemplating divorce and are able to peacefully negotiate with your spouse, you may want to explore "Collaborative Law" for a more civilized process.  Click here for more details: click here to see our Divorce Financial Analylsis services.

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