# Murphy Pohlad Asset Management LLC

> Murphy Pohlad Asset Management LLC is an SEC-registered investment advisory firm in Eden Prairie, MN, registered since 2000, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 1, 2026.

- CRD: 109973
- Filed as: MURPHY POHLAD ASSET MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Eden Prairie, MN
- Filing period: October 2026
- Form ADV filing dated: July 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/109973
- AdvisorCensus page: https://advisorcensus.com/firm/murphy-pohlad-asset-management-llc-eden-prairie-mn-109973

## Quick answers

**How is Murphy Pohlad Asset Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Murphy Pohlad Asset Management LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does Murphy Pohlad Asset Management LLC charge?**
Its Form ADV Part 2A brochure dated July 1, 2026 states: Up to $5,000,000: 0.9% a year; Above $5,000,000: 0.7% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Murphy Pohlad Asset Management LLC located?**
Murphy Pohlad Asset Management LLC's principal office is in Eden Prairie, MN, according to its Form ADV.

**Is Murphy Pohlad Asset Management LLC registered with the SEC or a state?**
Murphy Pohlad Asset Management LLC is an SEC-registered investment advisory firm, registered since 2000. Status as filed: Approved. CRD 109973.

**How much does Murphy Pohlad Asset Management LLC manage?**
Murphy Pohlad Asset Management LLC reports $639,715,952 in regulatory assets under management in its Form ADV filing dated July 1, 2026 (100% discretionary).

**How have Murphy Pohlad Asset Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Murphy Pohlad Asset Management LLC: Regulatory assets under management: $439,058,491 in the October 2021 data and $639,715,952 in the October 2026 data, up 46%. Total employees: 7 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Murphy Pohlad Asset Management LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (89); individuals (other than high net worth individuals) (24).

**Which custodians does Murphy Pohlad Asset Management LLC use?**
Murphy Pohlad Asset Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Murphy Pohlad Asset Management LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/109973

**Does Murphy Pohlad Asset Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated July 1, 2026 says: "The minimum account size required is $2.0 million, subject to waiver at our discretion in individual cases."

**What changed in Murphy Pohlad Asset Management LLC's recent Form ADV filings?**
In the August 2026 filing data: Employees performing advisory functions went from 7 to 8. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated July 1, 2026)

- Up to $5,000,000: 0.9% a year
- Above $5,000,000: 0.7% a year

> Our basic fee schedule is as follows: Assets Under Management Annual Fee On the first $5,000,000 of assets 0.90% On those assets in excess of $5,000,000 0.70%

- Account minimum: $2,000,000 (the brochure says it may be waived or negotiated)

> The minimum account size required is $2.0 million, subject to waiver at our discretion in individual cases.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $639,715,952
- Discretionary: $639,667,922
- Non-discretionary: $48,030

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 24 | $8,975,212 |
| High net worth individuals | 89 | $607,582,191 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | Fewer than 5 | $20,729,150 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | Fewer than 5 | $2,429,399 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2000 (26 years)
- Employees: 8 total, 8 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, IL, MN
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- murphyllc.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $439,058,491 | 7 | January 28, 2021 |
| October 2022 | $515,956,563 | 7 | January 28, 2022 |
| October 2023 | $521,182,396 | 9 | March 13, 2023 |
| October 2024 | $560,756,821 | 9 | January 31, 2024 |
| October 2025 | $577,862,485 | 8 | January 31, 2025 |
| October 2026 | $639,715,952 | 8 | July 1, 2026 |

Regulatory assets under management: $439,058,491 in the October 2021 data and $639,715,952 in the October 2026 data, up 46%.
Total employees: 7 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Employees performing advisory functions went from 7 to 8.
- Updated its list of owners and control persons (Schedule A).

### February 2026
- Employees performing advisory functions went from 8 to 7.
- Regulatory assets under management went from $577,862,485 to $639,715,952 (+11%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Murphy Pohlad Asset Management LLC (CRD 109973): Form ADV filing data as of October 2026.