T.M. Murphy Investment Management, Inc.

The firm provides discretionary portfolio management primarily for individual clients and some small-company retirement plans, and manages both retirement and non‑retirement accounts. It operates on a fee‑only, percentage‑of‑assets basis and offers optional financial planning billed hourly as an adjunct service.

Investment decisions are built around customized asset allocations implemented mainly with no‑load mutual funds selected for manager performance and style, with selective use of individual stocks or ETFs when appropriate. The adviser emphasizes ongoing monitoring — including regular performance tracking, quarterly reports, and direct contact with mutual fund managers or their marketing staffs — and frames its role as long‑term investor rather than short‑term trader.

Noteworthy features compared with many peers include a very compact operating structure in which the firm’s principal performs all advisory duties and a concentrated expertise in navigating the large mutual‑fund universe and maintaining direct manager relationships. The firm discloses routine use of a discount custodian that provides institutional‑level services to the adviser (which can benefit the firm), applies a stated account minimum with some flexibility, and reviews clients’ existing stock holdings with attention to investment outlook and tax implications.