Brookstone Capital Management
47yrs
Top advisor by experience in Wheaton
35yrs
Patrick Murphy
Full name on record: Patrick Lee Murphy
Financial advisor at Commonwealth Financial Network
Based in Wheaton, Illinois, Patrick Murphy is a financial advisor with 35 years of industry experience. Patrick joined Commonwealth Financial Network in 2019, after 12 years at Lenox Advisors and 19 years at MML Investors Services. Patrick’s designations include CFP® and ChFC.
At a glance
Experience35 years (since 1991)
How that compares ?Top 3% by experience in Wheaton
Office310 S Hale Street, Wheaton, IL 60187
How the firm is paid ?Percent of assets, Hourly, Flat fee, Commissions
Typical client at the firm ?$568,323
Advisors at the firm2,864
States licensed ?1 state
Services through Commonwealth Financial Network
Financial planningInvestment management for individuals and small businessesInvestment management for businesses and institutionsRetirement plan consultingChoosing other investment managersNewsletters and publicationsEducational seminars and workshops
Specialties, designations like CFP®, and languages spoken appear here when advisors claim their profiles.
Designations
CFP®ChFC
Licenses
Exams passed, from the official record. Tap a license to see what it allows.
Series 63Uniform Securities Agent State Law Examination
Career
- 2019 – nowCommonwealth Financial NetworkCurrent firm
- 2007 – 2018Lenox Advisors, Inc.Previously
- 1999 – 2018MML Investors Services, LLCPreviously
Contact Patrick
Local office(630) 523-0410Ask for Patrick. (781) 736-0700Main office · Waltham, MA 310 S Hale StreetWheaton, IL 60187Office · Get directions Firm websiteHTTPS://BLOG.COMMONWEALTH.COM/INDEPENDENT-MARKET-OBSERVER
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Questions to ask Patrick
Tailored to Patrick’s registration and firm.
- What's your succession plan, and who would work with me if you retire?
- At a firm this size, will I work with you directly or with a service team?
- What does a financial plan with you include, and how often is it updated?
- If you use outside managers, how are they chosen and what do they cost on top of your fee?
- Where would my money be held, and will I get statements directly from that firm?
- What would I pay in total each year, in dollars, including fund and trading costs?
My notes and scorecard
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About Patrick
How do I contact Patrick?
Call Patrick’s local office at (630) 523-0410 or the Commonwealth Financial Network main office at (781) 736-0700, and ask for Patrick Murphy.
How long has Patrick been a financial advisor?
Patrick has been in the industry since 1991, about 35 years. Top 3% by experience in Wheaton.
What licenses does Patrick hold?
Series 63. Tap any license on this page to see what it allows.
Is Patrick a fiduciary?
Patrick is registered with an advisory firm. Ask whether they act as a fiduciary for all the advice they give you.
How is Patrick paid?
Commonwealth Financial Network reports being paid by a percentage of the assets they manage, hourly fees, flat or fixed fees, commissions on some products. Ask Patrick for your total yearly cost in dollars.
Official record as of October 3, 2026.
This profile is for information only and is not financial advice or a recommendation.
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