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MM

Michael D. Murphy

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CRD#: 1081275
MM

Professional summary


Being a previously registered professional could mean that this person is no longer operating under the supervision of the SEC or FINRA.

That means that the Securities and Exchange Commission may not be able to oversee the services that this specific professional is providing.

Michael David Murphy was a registered financial professional .

Michael is a previously registered financial professional and started their career in finance in 1983. Michael had worked at 22 firms and has passed the Series 66, Series 63, Series 65, SIE, Series 7, Series 55, Series 5 and Series 24 exams.

top-8-questions

Question & Answer


Are you a "fiduciary"?
No

Aliases


None

Other business activities


Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
FL 2-15 Life, Health and Variable Annuity: Start Date: 2/1/25 Insurance Agent: Life, Health and Annuity sales Solicit and sell insurance products thru Illinois Mutual

Blog Corner


CRS (Client Relationship Summary)


The CRS(Customer Relationship Summary) document is not provided.

Certified licenses


Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
None

Experience


Past

September 24, 2024 - August 27, 2025

1ST DISCOUNT BROKERAGE, INC.

RIA
CRD#: 39164
LAKE WORTH, FL
Past

July 15, 2024 - August 27, 2025

1ST DISCOUNT BROKERAGE, INC.

BD
CRD#: 39164
LAKE WORTH, FL
Past

December 10, 2020 - May 13, 2024

MUTUAL OF AMERICA SECURITIES LLC

BD
CRD#: 27878
Boca Raton, FL
Past

June 13, 2019 - September 30, 2019

NYLIFE SECURITIES LLC

BD
CRD#: 5167
SUNRISE, FL
Past

March 30, 2017 - June 12, 2018

VIEWTRADE SECURITIES, INC.

BD
CRD#: 46987
BOCA RATON, FL
Past

July 23, 2015 - February 4, 2016

KINETIC FINANCIAL ADVISORS, LLC

RIA
CRD#: 156870
LAKE WORTH, FL
Past

September 6, 2011 - August 3, 2012

FURTHER LANE SECURITIES, L.P.

BD
CRD#: 38162
NEW YORK, NY
Past

April 1, 2011 - August 31, 2011

ARBOR RESEARCH & TRADING, LLC

BD
CRD#: 21313
FT LAUDERDALE, FL
Past

April 28, 2009 - May 15, 2009

BONDS.COM WEALTH MANAGEMENT, LLC

RIA
CRD#: 144854
BOCA RATON, FL
Past

February 25, 2009 - May 15, 2009

BONDS.COM LLC

BD
CRD#: 43875
NEW YORK, NY
Past

April 5, 2006 - April 20, 2006

NEWBRIDGE SECURITIES CORPORATION

BD
CRD#: 104065
WEST PALM BEACH, FL
Past

February 13, 2006 - April 4, 2006

CAROLINA CAPITAL MARKETS, INC.

BD
CRD#: 38156
CHAPEL HILL, NC
Past

February 4, 2005 - January 3, 2006

MORGAN JOSEPH TRIARTISAN LLC

BD
CRD#: 10948
WHITE PLAINS, NY
Past

February 3, 2003 - October 22, 2004

PENSON FINANCIAL SERVICES, INC.

BD
CRD#: 25866
DALLAS, TX
Past

August 29, 2001 - February 3, 2003

SERVICE ASSET MANAGEMENT COMPANY

BD
CRD#: 47157
AUSTIN, TX
Past

June 28, 2000 - July 30, 2001

IMPERIAL CAPITAL, LLC

BD
CRD#: 43744
LOS ANGELES, CA
Past

December 9, 1994 - November 14, 1996

NATWEST SECURITIES CORPORATION

BD
CRD#: 18238
NEW YORK, NY
Past

November 23, 1993 - November 12, 1994

AEB CORPORATION

BD
CRD#: 28591
GREAT BARRINGTON, MA
Past

September 4, 1990 - April 28, 1993

WELLS FARGO CLEARING SERVICES, LLC

BD
CRD#: 19616
ST. LOUIS, MO
Past

April 26, 1990 - September 4, 1990

BATEMAN EICHLER, HILL RICHARDS, INCORPORATED

BD
CRD#: 76
Past

September 29, 1989 - March 28, 1990

MONTGOMERY SECURITIES

BD
CRD#: 4357
SAN FRANCISCO, CA
Past

March 27, 1987 - February 1, 1988

L. F. ROTHSCHILD & CO. INCORPORATED

BD
CRD#: 501
Past

February 24, 1983 - August 26, 1985

TP ICAP GLOBAL MARKETS AMERICAS LLC

BD
CRD#: 2762

Primary Firm SEC Registration


This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
1D
1ST DISCOUNT BROKERAGE, INC.
1DB ASSET MANAGEMENT | 1ST DISCOUNT BROKERAGE, INC.

CRD#: 39164 / SEC#: 801-132978, 8-48557

RIA
Registered Investment Advisory firm - SEC (6/12/2025 Approved)
Alabama
Registered Investment Advisory firm - SEC (2/25/2005 Terminated)
Arkansas
Registered Investment Advisory firm - SEC (7/2/2025 Terminated)
California
Registered Investment Advisory firm - SEC (7/31/2025 Terminated)
Colorado
Registered Investment Advisory firm - SEC (4/11/2013 Terminated)
Florida
Registered Investment Advisory firm - SEC (7/1/2025 Terminated)
Georgia
Registered Investment Advisory firm - SEC (12/9/2004 Terminated)
Iowa
Registered Investment Advisory firm - SEC (10/2/2007 Terminated)
Maryland
Registered Investment Advisory firm - SEC (12/17/2004 Terminated)
Massachusetts
Registered Investment Advisory firm - SEC (7/1/2025 Terminated)
New Jersey
Registered Investment Advisory firm - SEC (7/17/2025 Terminated)
New York
Registered Investment Advisory firm - SEC (4/7/2005 Cancelled)
Pennsylvania
Registered Investment Advisory firm - SEC (7/2/2025 Terminated)
Rhode Island
Registered Investment Advisory firm - SEC (7/21/2025 Terminated)
Tennessee
Registered Investment Advisory firm - SEC (7/2/2025 Terminated)
Texas
Registered Investment Advisory firm - SEC (7/1/2025 Terminated)
Wisconsin
Registered Investment Advisory firm - SEC (10/2/2007 Terminated)
BD
Broker-Dealer Firm Regulated by FINRA (Florida district office)

State Registrations and Notice Filings


Listed states reflect where the advisor is authorized to serve clients under state regulations.

Visual representation of state registrations

This advisor is not registered in any state.

Exams


State Security Law Exam
RR
IAR
Series 66
Date: 9/9/2024
Uniform Combined State Law Examination
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
RR
Series 55
Date: 11/27/2001
Limited Representative-Equity Trader Exam
General Industry/Product Exam
RR
Series 5
Date: 8/19/1987
Interest Rate Options Examination
Principal/Supervisory Exam

Current Firm


1D
1ST DISCOUNT BROKERAGE, INC.
1DB ASSET MANAGEMENT | 1ST DISCOUNT BROKERAGE, INC.

CRD#: 39164 / SEC#: 801-132978, 8-48557

RIA
Registered Investment Advisory firm - SEC (6/12/2025 Approved)
Alabama
Registered Investment Advisory firm - SEC (2/25/2005 Terminated)
Arkansas
Registered Investment Advisory firm - SEC (7/2/2025 Terminated)
California
Registered Investment Advisory firm - SEC (7/31/2025 Terminated)
Colorado
Registered Investment Advisory firm - SEC (4/11/2013 Terminated)
Florida
Registered Investment Advisory firm - SEC (7/1/2025 Terminated)
Georgia
Registered Investment Advisory firm - SEC (12/9/2004 Terminated)
Iowa
Registered Investment Advisory firm - SEC (10/2/2007 Terminated)
Maryland
Registered Investment Advisory firm - SEC (12/17/2004 Terminated)
Massachusetts
Registered Investment Advisory firm - SEC (7/1/2025 Terminated)
New Jersey
Registered Investment Advisory firm - SEC (7/17/2025 Terminated)
New York
Registered Investment Advisory firm - SEC (4/7/2005 Cancelled)
Pennsylvania
Registered Investment Advisory firm - SEC (7/2/2025 Terminated)
Rhode Island
Registered Investment Advisory firm - SEC (7/21/2025 Terminated)
Tennessee
Registered Investment Advisory firm - SEC (7/2/2025 Terminated)
Texas
Registered Investment Advisory firm - SEC (7/1/2025 Terminated)
Wisconsin
Registered Investment Advisory firm - SEC (10/2/2007 Terminated)
BD
Broker-Dealer Firm Regulated by FINRA (Florida district office)
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Contact information


Main Address
8927 Hypoluxo Road Suite A5, Lake Worth, FL 33467
Mailing Address
8927 Hypoluxo Road Suite A5, Lake Worth, FL 33467
Phone number
(561) 515-3200
Established
Florida since 07/14/1995
Firm type
Corporation
Fiscal year end
December
Firm Size
Small
# of Employees
9

SEC notice filing (10 States and Territories)


Blank US states mapAlaskaHawaiiAlabamaArkansasArizonaCaliforniaColoradoConnecticutDelawareFloridaGeorgiaIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWisconsinWest VirginiaWyoming

FINRA licenses (51 States and Territories)


Blank US states mapAlaskaHawaiiAlabamaArkansasArizonaCaliforniaColoradoConnecticutDelawareFloridaGeorgiaIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWisconsinWest VirginiaWyoming

Documents


Customer Relationship Summary (CRS / SEC)Customer Relationship Summary (CRS / FINRA)Latest Form ADV

Part 2 Brochures

FIRM BROCHURE FREEDOM (9/9/2025)

Direct owners and executive officers


NamePositionCRD#
1DB FINANCIALPARENT COMPANY
CORLEY, WILLIAM HAROLD JRPRESIDENT1321008
CORLEY, WILLIAM HAROLD JRMUNICIPAL PRINCIPAL1321008
GALLAGHER, AILEEN MFINOP4606132
ROHLOFF, GEORGE PATRICKROSFP2160441
ROHLOFF, GEORGE PATRICKCHIEF COMPLIANCE OFFICER2160441

Regulatory assets under management


Total Number of Accounts346
AUM (Assets Under Management)$ 108,117,119

Disclosures


Regulatory Event8
Arbitration2

Red Flags


Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

Company Information


1ST DISCOUNT BROKERAGE, INC.

CRD#: 39164

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