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Mary Elizabeth Murphy

Advisor at Arete Wealth Advisors, LLC — Defuniak Springs, FL

Updated today

Credentials

Series 65

Experience

3 years

Location

Defuniak Springs, FL 32433

Arete Wealth Advisors, LLC logo

Arete Wealth Advisors, LLC

Multi-team

Total advisors

142

Across 60 offices

Clients per advisor

37 Low

Avg AUM per client

$484,172 Typical

HNW client ratio

65% Very High

About

Mary Murphy is a financial advisor with Arete Wealth Advisors, LLC in Defuniak Springs, FL, holding a Series 65 designation and two years of industry experience. She also serves as Office Manager at Majors Financial Group, where she has worked since 2014. Arete Wealth Advisors provides investment advisory and financial planning services to a diverse client base, including individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and business entities. The firm manages assets primarily on a discretionary basis using both advisor-driven and proprietary rule-based model allocations, and it integrates affiliated financial businesses and product channels into its service offerings.

Client services

Based on Arete Wealth Advisors, LLC

Financial planning Portfolio management Pension consulting Selection of other advisers Newsletters or periodicals
Non-discretionary investment advice regarding securities of affiliates of masterworks.io, llc.

Expertise

Based on Arete Wealth Advisors, LLC

Active portfolio management Options & derivatives strategies Private / alternative investments Retirement plans for business owners (SEP, solo 401k) Wealth management

Occupation focus

Based on Arete Wealth Advisors, LLC

Executive Founder/Business Owner

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Fee options

Fixed

Flat fixed fees for financial planning services, negotiated between Advisor and Client

Percentage

$0 - $249,000: 3.00% $250,000 - $749,999: 2.50% $750,000 - $1,499,999: 2.00% $1,500,000 - $4,999,999: 1.75% $5,000,000+: 1.50%

Commissions

Arete Advisors may receive commissions from insurance sales through affiliated insurance agency

Project-based

Hourly fees for financial planning services, negotiated between Advisor and Client

Performance-based

Performance-based fees or carried interest ranging from 5% to 20% on certain private funds as disclosed in offering documents

Other

Account minimum: $50,000 (generally required initial minimum account balance, may be waived based on individual needs and complexity) Fee-only: Hourly fees and flat fixed fees for financial planning services, negotiated between Advisor and Client

Location

See office

Defuniak Springs, FL

822 Us Highway 90 West

Defuniak Springs FL 32433

Advisors at this office

2

Most active in

Florida

Work history

3 years of industry experience

Arete Wealth Advisors, LLC

2023 - Present • 3 years

Chicago, IL

Majors Financial Group

2014 - Present • 12 years

Defuniak Springs, FL

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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Charles M

Series 63, Series 65

Defuniak Springs, FL

Arete Wealth Advisors, LLC

Charles Majors is a financial advisor with Arete Wealth Advisors, LLC, holding Series 63 and Series 65 licenses and 30 years of industry experience. He has worked at several firms, including Center Street Advisors, Inc., and has operated Majors Financial Group since 2001. Outside of his advisory role, he serves as president of Majors Financial Group, Inc., which sells life, health, and disability insurance. Arete Wealth Advisors provides investment advisory and financial planning services to a diverse client base, including individuals, pension plans, trusts, and charitable organizations. The firm manages assets primarily on a discretionary basis, employing both advisor-driven and proprietary model allocations, and integrates affiliated financial businesses and product channels within its service offerings.

Active portfolio management Options & derivatives strategies Private / alternative investments Retirement plans for business owners (SEP, solo 401k) Wealth management Executive Founder/Business Owner
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Eric G

Series 66

Defuniak Springs, FL

Kestra Advisory

Eric Galloway is a financial advisor with Kestra Advisory and holds a Series 66 designation. He has 17 years of industry experience, including 16 years at Edward Jones before joining Kestra in 2024. Galloway also operates Galloway Wealth Management, where he provides financial planning and insurance services. Kestra Advisory Services delivers investment advisory and retirement-plan consulting to a diverse range of institutional and individual clients, offering services such as fiduciary consulting, plan design, and advisor-managed accounts. The firm serves large institutional investors, including sovereign wealth funds, and provides access to multiple management platforms and complex investment products.

Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Annuities Wealth management Founder/Business Owner Executive

Timothy S

Series 66

Defuniak Springs, FL

Edward Jones

Timothy Singleton is a financial advisor with Edward Jones in Defuniak Springs, FL, holding a Series 66 designation and three years of industry experience. Prior to joining Edward Jones, he served six years in the United States Army. Outside of his advisory role, he is involved as a pyro technician, setting up fireworks shows in the Sandestin area. Edward Jones is a full-service wealth management firm serving individual and institutional clients, offering a range of advisory programs and investment options supported by a large network of financial advisors and branch offices nationwide.

Retirement income strategy Wealth management General estate planning guidance Military & Veterans
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Bethany J

Series 66

Defuniak Springs, FL

Equitable Advisors

Bethany Joyner is a financial advisor with Equitable Advisors and holds a Series 66 designation. She has one year of industry experience, having previously worked at Primerica Financial Services. Outside of her advisory role, she volunteers as a bookkeeper for Sanford & Sisters. Equitable Advisors serves a broad client base including individual investors, retirement plan sponsors, corporations, and charitable organizations, offering financial planning and access to asset management through third-party managers and a hybrid referral and implementation model.

Retirement income strategy Social Security optimization Founder/Business Owner Retired Executive Approaching retirement Baby Boomers (Born 1946-1964)
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Robert N

Series 63, Series 65

Defuniak Springs, FL

Equitable Advisors

Robert Neale is a financial advisor with Equitable Advisors in Defuniak Springs, FL, holding Series 63 and Series 65 credentials and 33 years of industry experience. He has been with Equitable Advisors since 1999 and previously worked with Axa Advisors, LLC. Outside of his advisory role, Neale serves as a volunteer board member for Walton Academy and is a board member of the Defuniak Springs Kiwanis Club. Equitable Advisors serves individual investors, retirement plan sponsors, corporations, and charitable organizations by providing financial planning, retirement-plan support, and access to asset management through LPL programs and third-party asset managers. The firm employs a hybrid referral and implementation model, tailoring services based on client goals, risk tolerance, and time horizon.

Retirement income strategy Social Security optimization Founder/Business Owner Retired Executive Approaching retirement Baby Boomers (Born 1946-1964)
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