Michael S. Murphy

DROMS STRAUSS WEALTH MANAGEMENT

St. Louis, MO 63141-7844

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CRD#: 2693677

Professional summary

Michael Scott Murphy is a registered financial advisor currently at DROMS STRAUSS WEALTH MANAGEMENT located in St. Louis, Missouri.

Michael is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1996. Michael has worked at 9 firms and has passed the Series 65, Series 66, Series 63, Series 7 and Series 6 exams.

Question & Answer

Are you a "fiduciary"?

Yes

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.

07/2009 - PRESENT: THROUGH DSA RISK MANAGEMENT, LLC, A WHOLLY OWNED SUBSIDIARY OF DROMS STRAUSS ADVISORS, INC. I AM LICENSED TO SELL NON-VARIABLE INSURANCE PRODUCTS.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Michael Scott Murphy's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

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

Current

July 16, 2015 - Present

DROMS STRAUSS WEALTH MANAGEMENT

Office #1: 501 N Lindbergh Boulevard, St. Louis, MO 63141-7844

RIA

CRD#: 108620

St. Louis, MO

Past

April 28, 2005 - November 30, 2006

POLARIS CAPITAL ADVISORS INC

RIA

CRD#: 108660

ST. LOUIS, MO

Past

March 14, 2005 - October 26, 2006

WALNUT STREET SECURITIES, INC.

RIA

CRD#: 15840

ST. LOUIS, MO

Past

March 10, 2005 - October 26, 2006

WALNUT STREET SECURITIES, INC.

CRD#: 15840

ST. LOUIS, MO

Past

June 24, 2004 - March 14, 2005

LPL FINANCIAL LLC

RIA

CRD#: 6413

ST LOUIS, MO

Past

June 24, 2004 - March 14, 2005

LPL FINANCIAL LLC

CRD#: 6413

FORT MILL, SC

Past

May 22, 2000 - June 25, 2004

WS GRIFFITH SECURITIES, INC.

RIA

CRD#: 10410

ST. LOUIS, MO

Past

April 12, 2000 - June 25, 2004

WS GRIFFITH SECURITIES, INC.

CRD#: 10410

HARTFORD, CT

Past

November 30, 1999 - March 24, 2000

PFIC SECURITIES CORPORATION

CRD#: 34941

FRANKLIN, TN

Past

September 15, 1998 - December 2, 1999

MAGNA INVESTMENTS

CRD#: 16511

ST. LOUIS, MO

Past

August 6, 1998 - August 28, 1998

MAGNA INVESTMENTS

CRD#: 16511

Past

June 1, 1998 - August 28, 1998

OSAIC FA, INC.

CRD#: 3978

FORT WAYNE, IN

Past

January 16, 1996 - June 1, 1998

LINCOLN FINANCIAL DISTRIBUTORS, INC.

CRD#: 145

RADNOR, PA

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".

DROMS STRAUSS WEALTH MANAGEMENT

DROMS STRAUSS ADVISORS INC | WILLIAM G. DROMS, PROFESSOR OF FINANCE, GEORGETOWN UNIVERSITY | STEVEN N. STRAUSS, CPA-PRES. OF STRAUSS & COMPANY (ACCOUNTING FIRM) | DROMS STRAUSS WEALTH MANAGEMENT | DROMS STRAUSS ADVISORS, INC.

CRD#: 108620 / SEC#: 801-55207

RIA

Registered Investment Advisory firm - (1/20/1998 Approved)

Maryland

Registered Investment Advisory firm - (6/24/2002 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

State Registrations and Notice Filings

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

IAR

means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.

Highlighted states indicate IAR registrations

IAR

Missouri
(7/16/2015)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

State Security Law Exam

IAR

Series 65

Date: 6/8/2010

Uniform Investment Adviser Law Examination

State Security Law Exam

IAR

Series 66

Date: 5/16/2000

Uniform Combined State Law Examination

State Security Law Exam

Series 63

Date: 1/15/1996

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 7

Date: 7/13/1998

General Securities Representative Examination

General Industry/Product Exam

Series 6

Date: 1/15/1996

Investment Company Products/Variable Contracts Representative Examination

Current Firm

DROMS STRAUSS WEALTH MANAGEMENT

CRD#: 108620 / SEC#: 801-55207

RIA

Registered Investment Advisory firm - (1/20/1998 Approved)

Maryland

Registered Investment Advisory firm - (6/24/2002 Terminated)

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Contact information

Main Address

501 N Lindbergh Boulevard, St. Louis, MO 63141-7844

Mailing Address

Phone number

(314) 862-9100

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (14 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

THE DROMS STRAUSS WEALTH MANAGEMENT 2025 ANNUAL AMEND BROCHURE (3/26/2025)

Regulatory assets under management

Total Number of Accounts	1,402
AUM (Assets Under Management)	$ 730,377,719

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
09/04/2025	Cover Page	Report
10/15/2024	Cover Page	Report
09/27/2023	Cover Page	Report
10/07/2022	Cover Page	Report

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.

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Advisor Monitoring

Firm Stability Insights

Michael S. Murphy

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Michael Scott Murphy's CRS (Customer Relationship Summary).

Certified licenses

Experience

POLARIS CAPITAL ADVISORS INC

WALNUT STREET SECURITIES, INC.

WALNUT STREET SECURITIES, INC.

LPL FINANCIAL LLC

LPL FINANCIAL LLC

WS GRIFFITH SECURITIES, INC.

WS GRIFFITH SECURITIES, INC.

PFIC SECURITIES CORPORATION

MAGNA INVESTMENTS

MAGNA INVESTMENTS

OSAIC FA, INC.

LINCOLN FINANCIAL DISTRIBUTORS, INC.

Primary Firm SEC Registration

DROMS STRAUSS WEALTH MANAGEMENT

State Registrations and Notice Filings

Exams

Series 65

Date: 6/8/2010

Series 66

Date: 5/16/2000

Series 63

Date: 1/15/1996

Series 7

Date: 7/13/1998

Series 6

Date: 1/15/1996

Current Firm

DROMS STRAUSS WEALTH MANAGEMENT

Contact information

SEC notice filing (14 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Accountant surprise examination report

Red Flags

Company Information

DROMS STRAUSS WEALTH MANAGEMENT

TRUST BUT VERIFY

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