Tim Murphy, former head of a closed Cetera Financial Group broker-dealer, now with LPL affiliate
Mr. Murphy ‘s Broker Check report shows he’s working for Integrated Financial Partners
Jan 5, 2017 @ 12:38 pm | By Bruce Kelly | Investment News
Tim Murphy, the one-time CEO of a closed Cetera Financial Group broker-dealer, is now registered with an LPL Financial affiliate, Integrated Financial Partners.
Investors Capital Corp., which started winding down in the fall, was acquired by Cetera Financial Group’s predecessor, RCS Capital Corp., in 2014. It was one of the almost dozen broker-dealers bought by the former nontraded real estate investment trust czar Nicholas Schorsch from 2013 to 2015 in his failed attempt to become a major player in the retail brokerage business.
The well-attended Blue Vault session at the recent National Planning Holdings National Conference was very well received. The value of their products was evidenced by the volume of questions from the attendees. Stacy Chitty, Managing Partner, did an excellent job of explaining the history, strategy and value of Blue Vault data.