Stifel, Nicolaus & Company
43yrs
Top advisor by experience in Chico
30yrs
Michael Murphy has worked in the financial industry for 30 years and is a fiduciary financial advisor based in Chico, California. After 16 years at Morgan Stanley and a year at Morgan Stanley & Co., Michael joined Wells Fargo Advisors in 2025, a firm offering financial planning, investment management, and retirement plan consulting. The firm is paid through a percentage of assets, flat fees, and commissions.
One of 145 advisors with offices in Chico, and one of 130 fiduciaries.
At a glance
Experience30 years (since 1996)
How that compares ?Top 16% by experience nationwide
Office901 Bruce Rd Suite 240, Chico, CA 95928
How the firm is paid ?Percent of assets, Flat fee, Commissions
Typical client at the firm ?$475,575
Advisors at the firm14,100
States licensed ?1 state
Services through Wells Fargo Advisors
Financial planningInvestment management for individuals and small businessesInvestment management for businesses and institutionsRetirement plan consultingChoosing other investment managersOther services
Specialties, designations like CFP®, and languages spoken appear here when advisors claim their profiles.
Licenses
Exams passed, from the official record. Tap a license to see what it allows.
Career
- Oct 2025 – nowWells Fargo Clearing Services, LLCCurrent firm
- 2009 – 2025Morgan StanleyPreviously
- Feb 2008 – Jun 2009Morgan Stanley & Co. LLCPreviously
- 1997 – 2008UBS Financial Services Inc.Previously
Contact Michael
Local office(530) 891-1211Ask for Michael. (314) 875-3000Main office · St. Louis, MO 901 Bruce Rd Suite 240Chico, CA 95928Office · Get directions Firm websiteHTTPS://WWW.WELLSFARGOADVISORS.COM/WFA/MOBILE.HTM
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Questions to ask Michael
Tailored to Michael’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 Michael
How do I contact Michael?
Call Michael’s local office at (530) 891-1211 or the Wells Fargo Advisors main office at (314) 875-3000, and ask for Michael Murphy.
How long has Michael been a financial advisor?
Michael has been in the industry since 1996, about 30 years. Top 16% by experience nationwide.
What licenses does Michael hold?
Series 63, Series 65. Tap any license on this page to see what it allows.
Is Michael a fiduciary?
Michael is registered as an investment advisor representative, which carries a fiduciary duty when giving investment advice.
How is Michael paid?
Wells Fargo Advisors reports being paid by a percentage of the assets they manage, flat or fixed fees, commissions on some products. Ask Michael 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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