AUMdb

Murray Financial Group, Llc

SEC-registered Insurance-Affiliated · Mid-sized ($1B–$10B) CRD 157626 · SEC file 801-72585 · Albert Lea, MN · LINKEDIN.COM
☆ Save with Pro ADV data as of Feb 04, 2026
Regulatory AUM
$1.6B
Discretionary
$1.2B
Clients
1,318
Avg AUM / client
$1.2M
Accounts
3,687
Employees
17

AUM over time

$150M $1.6B
Nov 2011 Dec 2025

Annual snapshots from Form ADV filings · as of Feb 04, 2026

Who they serve

Client typeClientsAUM% of AUM
Individuals (non-high net worth) 955 $272M 17.5%
High net worth individuals 307 $918M 59.2%
Pension and profit sharing plans 43 $350M 22.5%
Charitable organizations 13 $11.8M 0.76%

Retirement plan clients

Plans that reported this firm as an investment service provider on Form 5500 Schedule C.

Plan Location Plan year
Holden Farms, Inc. 401(k) Profit Sharing Plan & Trust Holden Farms, Inc. 2024
Crossroads Trailer Sales & Service, Inc. 401(k) Employee Savings & Crossroads Trailer Sales & Service, Inc. 2024
Hawkins Ash Cpas, Llp Retirement Plan Hawkins Ash Cpas, Llp La Crosse, WI 2024
Tony Downs Foods Company 401(k) Profit Sharing Plan And Trust Tony Downs Foods Company 2024
Blue Stone Therapy 401(k) Plan Blue Stone Therapy, Inc. 2024

People (13)

roster as of Jul 20, 2026
NameRole / titleCredentialsWith firm sinceOwnership
Richard John Murray Managing Member And Chief Compliance Officer Apr 2011 (15y) 50% – 75%
Jonathan Orlo Murray Minority Owner Jan 2014 (13y) 10% – 25%
Lawrence Thomas Gartner Minority Owner CFP Jan 2014 (13y) 10% – 25%
Timothy Burns Jaynes Minority Owner Jan 2024 (3y) 10% – 25%
Mark Steven Smed Registered representative Jan 2014 (13y)
Chad David Duppong Registered representative CFP Chartered Financial Consultant Sep 2016 (10y)
Wendy K Bennis Registered representative Mar 2022 (4y)
Matthew H Bennis Registered representative Jun 2024 (2y)
Robert William Gadtke Registered representative Jul 2024 (2y)
Benjamin Lundeen Registered representative Jun 2025 (1y)
Charles Allan Achterkirch Registered representative CFP Jan 2026 (1y)
Robert Noble Prentiss Registered representative Chartered Financial Consultant Apr 2026 (0y)
Benjamin William Sand Registered representative May 2026 (0y)

Undisclosed: 0% – 20% of the firm is not attributable from the filed Schedule A bands.

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Retirement plans served (5)

PlanSponsorParticipantsPlan assetsAs of
Holden Farms, Inc. 401(k) Profit Sharing Plan & Trust Holden Farms, Inc. 177 $17.3M 10/01/2024
Crossroads Trailer Sales & Service, Inc. 401(k) Employee Savings & Crossroads Trailer Sales & Service, Inc. 122 $10.5M 09/01/2024
Hawkins Ash Cpas, Llp Retirement Plan Hawkins Ash Cpas, Llp 215 $34.1M 01/01/2024
Tony Downs Foods Company 401(k) Profit Sharing Plan And Trust Tony Downs Foods Company 571 $28.4M 01/01/2024
Blue Stone Therapy 401(k) Plan Blue Stone Therapy, Inc. 796 $7.7M 01/01/2024

From Form 5500 service-provider disclosures.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 02/04/2026 943 KB View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

No disciplinary events reported on the firm's latest Form ADV filing.

How they charge

  • Percentage of assets under management
  • Hourly charges

Services

  • Financial planning services
  • Portfolio management for individuals/small businesses
  • Pension consulting services

Custody

Reported custodians

Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).

Firm reports having custody of client funds or securities (Item 9.A).

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Feb 04, 2026.

View current Form ADV (SEC/IAPD) ↗