Murphy Middleton Hinkle & Parker, Inc. (Thomasville)

Name: Murphy Middleton Hinkle & Parker, Inc.
Address: 240 South Hansell Street, Thomasville, GA, 31792
Telephone: 229-228-1822

Murphy Middleton Hinkle & Parker, Inc. is a large advisory firm based in Thomasville. It manages $293.61 million of regulatory assets for 922 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Florida and Georgia.

Murphy Middleton Hinkle & Parker provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Murphy Middleton Hinkle & Parker: assets under management

The assets under management (AUM) of Murphy Middleton Hinkle & Parker, Inc. is $293.61 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 107% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $293.61 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $318.45 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 45% of the total AUM. The second-largest asset type is exchange traded securities, which make up 45% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Murphy Middleton Hinkle & Parker, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Murphy Middleton Hinkle & Parker serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Murphy Middleton Hinkle & Parker is high net worth individuals with 119 clients and $214.7 million of assets under management. Among the 10 most similar advisory firms, Murphy Middleton Hinkle & Parker has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $293.4 million for 388 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 Middleton Hinkle & Parker doesn't advise any private funds.

Careers at Murphy Middleton Hinkle & Parker, Inc.

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 3 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
Fred Elbert Murphy	Managing director	1 Feb 1992	50% - 75%	2186554
David James Middleton	Managing director & chief compliance officer	1 Apr 1994	25% - 50%	1894996
Clifford Ross Hinkle	Managing director	1 Sep 2000	Other	502816
John Mark Parker	Managing director	1 Jan 2008	Other	2820730

Based in Thomasville

The principal office where Murphy Middleton Hinkle & Parker, Inc. performs its advisory services is located at 240 South Hansell Street, Thomasville, GA 31792 The mailing address of the firm is P.O. Box 1374, Thomasville, GA 31799. An additional office of the firm is in Tallahassee, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 229-228-1822 or by fax 229-228-0825. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at mmhpinvest.com.