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Michael David Murphy

1ST Discount Brokerage, Inc.

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About Michael David Murphy

Michael David Murphy is a financial professional with over 20 years of experience in the financial services industry. Michael is currently a registered representative with 1st Discount Brokerage, Inc. located in Lake Worth, FL. Michael has previously held positions at several other firms including Mutual of America Securities LLC, NYLIFE Securities LLC, and ViewTrade Securities, Inc. Michael specializes in providing financial advice to individuals, families, and businesses. Michael is committed to providing personalized financial guidance that helps clients achieve their financial goals.

Firm Information

Michael Murphy is currently registered with 1ST Discount Brokerage, Inc.. 1ST Discount Brokerage, Inc. is a Corporation formed in 1995 and offers a range of advisory services, including financial planning, pension consulting, and selection of other advisors. They provide portfolio management for both individuals and businesses. The firm manages approximately $61,834,350 in regulatory assets and primarily serves high-net-worth individuals, individuals other than high-net-worth, and pension and profit-sharing plans. They are registered with the SEC and in all 50 states.

$61.83M

Assets Under Management

Not reported

Total Clients

12

Total Financial Advisors

Services Offered

Advisors offer a broad range of advisory services designed to meet the unique needs of individuals, businesses, and investment companies. These services provide professional guidance and personalized strategies to help clients achieve their financial goals.

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financial planning services

Comprehensive financial plans to help you achieve your personal and business goals.

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pension consulting services

Guidance on pension options to ensure a secure financial future.

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selection of other advisors

Helps you choose top advisors aligned with your financial goals.

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portfolio management for businesses

Custom portfolio management strategies for businesses to achieve long-term growth.

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portfolio management for individuals

Personalized portfolio management to meet individual financial objectives.

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digital advisory service

Digital advisory service

Fee Structure

Advisors may be compensated through a variety of fee structures, offering flexibility and transparency. This allows clients to choose the arrangement that best aligns with their financial objectives.

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fixed fees

Set rates for specific services, regardless of time or assets managed.

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percentage of assets

A percentage of the total value of assets under management is charged.

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Michael Murphy’s Registration & Firm History

FL

09/24/2024 - Present

1ST Discount Brokerage, Inc. (LAKE WORTH FL)

FL

12/10/2020 - 05/13/2024

MUTUAL OF AMERICA SECURITIES LLC (Boca Raton FL)

FL

06/13/2019 - 09/30/2019

NYLIFE SECURITIES LLC (SUNRISE FL)

FL

03/30/2017 - 06/12/2018

VIEWTRADE SECURITIES, INC. (BOCA RATON FL)

NY

09/06/2011 - 08/03/2012

FURTHER LANE SECURITIES, L.P. (NEW YORK NY)

FL

04/01/2011 - 08/31/2011

ARBOR RESEARCH & TRADING, INC. (FT LAUDERDALE FL)

NY

02/25/2009 - 05/15/2009

BONDS.COM, INC. (NEW YORK NY)

FL

04/05/2006 - 04/20/2006

NEWBRIDGE SECURITIES CORPORATION (WEST PALM BEACH FL)

NC

02/13/2006 - 04/04/2006

CAROLINA CAPITAL MARKETS, INC. (CHAPEL HILL NC)

NY

02/04/2005 - 01/03/2006

MORGAN JOSEPH & CO. INC. (WHITE PLAINS NY)

TX

02/03/2003 - 10/22/2004

PENSON FINANCIAL SERVICES, INC. (DALLAS TX)

TX

08/29/2001 - 02/03/2003

SERVICE ASSET MANAGEMENT COMPANY (AUSTIN TX)

CA

06/28/2000 - 07/30/2001

IMPERIAL CAPITAL, LLC (LOS ANGELES CA)

NY

12/09/1994 - 11/14/1996

NATWEST SECURITIES CORPORATION (NEW YORK NY)

MA

11/23/1993 - 11/12/1994

FINANCIAL TRADING & CONSULTANCY CORPORATION (GREAT BARRINGTON MA)

MO

09/04/1990 - 04/28/1993

EVEREN SECURITIES, INC. (ST. LOUIS MO)

NA

04/26/1990 - 09/04/1990

BATEMAN EICHLER, HILL RICHARDS, INCORPORATED

CA

09/29/1989 - 03/28/1990

MONTGOMERY SECURITIES (SAN FRANCISCO CA)

NA

03/27/1987 - 02/01/1988

L. F. ROTHSCHILD & CO. INCORPORATED

NA

02/24/1983 - 08/26/1985

MKI SECURITIES CORP.

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Licenses & Designations

BC

Issued 04/05/2017

Series 63 - Uniform Securities Agent State Law Examination

IA

Issued 06/13/2015

Series 65 - Uniform Investment Adviser Law Examination

BOTH

Issued 02/28/2009

Series 66 - Uniform Combined State Law Examination

BC

Issued 12/12/2005

Series 24 - General Securities Principal Examination

BC

Issued 06/12/2018

SIE - Securities Industry Essentials Examination

BC

Issued 03/30/2017

Series 7 - General Securities Representative Examination

BC

Issued 11/27/2001

Series 55 - Limited Representative-Equity Trader Exam

BC

Issued 08/19/1987

Series 5 - Interest Rate Options Examination

State Registrations

Active

Inactive

SRO Registrations

F

FINRA

N

Nasdaq Stock Market

Disclosures

There are no public disclosures for Michael David Murphy.
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