Philip Murphy
Independent, advice-only planning for people saving, investing or facing transitions like retirement, a new career or a health challenge.
IndiePlan LLC · Albany, New York
Philip Murphy is a fee-only financial advisor at IndiePlan LLC in Albany, New York, who holds the CFP and CFA credentials. Philip charges a subscription, a one-time planning fee and hourly fees (ongoing planning from $2,620 a year and one-time plans from $3,300) and focuses on retirement planning, tax planning and estate & legacy planning.
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Specialties
Who they serve
- Pre-retirees
- Retirees
- High earners
- Early-career professionals
About
Philip Murphy is the founder and principal advisor of IndiePlan™, a fee-only, advice-only planning firm. A CFP® practitioner and CFA® charterholder, he provides independent, holistic advice and education as a fiduciary, aiming to offer good advice at a fair price that supports each client's purpose in life.
Philip came to advising after thirty years in financial services. He was Head of Index Governance and Chairman of the US Index Committee at S&P Dow Jones Indices, overseeing benchmarks such as the S&P 500®. Earlier he designed indexes, assisted asset management firms and worked on a portfolio management team serving institutional clients.
He helps people save, invest and plan ahead, and supports them through transitions such as retirement, a health challenge, a second career, a new business, further education or an extended leave. He tries to meet each client where they are.
Facts
| Firm | IndiePlan LLC |
|---|---|
| Based in | Albany, New York |
| Fee model | Subscription · One-time planning fee · Hourly |
| Fees (firm's website) | Ongoing planning from $2,620 a year · One-time plans from $3,300 · $330 an hour |
| Fees (Advice-Only Network profile) | Subscription from $4,290 a year · One-time plans from $4,620 · $330 an hour |
| Works virtually | Yes |
| Accepting new clients | Yes |
| Credentials | CFP · CFA |
| SEC registration | Investment adviser representative in NY, TX · CRD 2168742 |
| Exams passed | Series 63 (1991) |
| Firm size | 1 employee |
| Disclosures | None reported |
| Website | indieplan.com |
| Profile |
How Philip's firm compares
- Ongoing planning starts at $2,620 a year, below the New York median of $3,600 for fee-only firms that publish prices.
- A one-time plan starts at $3,300, above the New York median of $2,500 for fee-only firms that publish prices.
- The hourly rate is $330, in line with the New York median of $300 for fee-only firms that publish prices.
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Questions about Philip
Is Philip Murphy a fee-only financial advisor?
Yes. Philip Murphy is listed in the XY Planning Network directory (XYPN members are fee-only) and the Advice-Only Network (advice-only practices, no product sales). SEC records as of October 27, 2026 show no broker registration and no commission compensation reported by Philip's firm.
How does Philip charge for financial advice?
Philip charges a subscription, a one-time planning fee and hourly fees.
How much does Philip charge?
According to IndiePlan LLC's website, checked October 28, 2026: ongoing planning from $2,620 a year; one-time plans from $3,300; $330 an hour.
Does Philip work with clients virtually?
Yes. Philip's Advice-Only Network profile says they meet with clients virtually.
Where is Philip Murphy based?
Philip Murphy is based in Albany, New York.
What does Philip specialize in?
Philip's specialties include retirement planning, tax planning, estate & legacy planning and flat-fee planning. Philip works with pre-retirees, retirees, high earners and early-career professionals.
What credentials does Philip Murphy hold?
Philip Murphy holds the CFP and CFA credentials.
Is Philip Murphy registered with the SEC?
Yes. Philip Murphy is registered as an investment adviser representative in NY and TX (CRD 2168742), per SEC Investment Adviser Public Disclosure data as of October 27, 2026.
How do I contact Philip Murphy?
Through Philip's website, indieplan.com.
What these terms mean: fee-only · fiduciary · CFP · CRD number · all terms
Where this information comes from
- XY Planning Network directory listing : XYPN members are fee-only
- Advice-Only Network listing : advice-only practices, no product sales
- IndiePlan LLC website : specialties, clients served, and fees, checked October 28, 2026
- SEC Investment Adviser Public Disclosure : registration, exams, and the firm's Form ADV, data as of October 27, 2026
- Directory listing last checked April 21, 2026.
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