Murphy Pohlad Asset Management LLC (Eden Prairie)

Name: Murphy Pohlad Asset Management LLC
Address: 6385 Old Shady Oak Road, Eden Prairie, MN, 55344
Telephone: 952-948-2300

Murphy Pohlad Asset Management LLC is a large advisory firm based in Eden Prairie. It manages $326.07 million of regulatory assets for 241 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Illinois and Minnesota.

Murphy Pohlad Asset Management provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Murphy Pohlad Asset Management: assets under management

The assets under management (AUM) of Murphy Pohlad Asset Management LLC is $326.07 million. The firm's AUM has grown by 63% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $325.04 million in discretionary accounts and $1.04 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.36 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $517.64 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 48% of the total AUM. The second-largest asset type is investment and business development companies, which make up 42% of the firm’s portfolio. Investments in government bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Murphy Pohlad Asset Management LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Murphy Pohlad Asset Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Murphy Pohlad Asset Management is high net worth individuals with 214 clients and $311.3 million of assets under management. Among the 7 most similar advisory firms, Murphy Pohlad Asset Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $314.55 million for 237 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Murphy Pohlad Asset Management doesn't advise any private funds.

Careers at Murphy Pohlad Asset Management LLC

The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Michael Murphy	President, chief compliance officer, governor and member	1 Jan 2000	75% - 100%	1871913
Thomas Owen Pohlad	Member, treasurer	1 Feb 2002	25% - 50%	4508331

Based in Eden Prairie

The principal office where Murphy Pohlad Asset Management LLC performs its advisory services is located at 6385 Old Shady Oak Road, Eden Prairie, MN 55344, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 952-948-2300 or by fax 952-948-2325. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at murphyllc.com.