# Philip Purpura

> Philip Purpura is a fee-only financial advisor at Mayflower Advisors in Melville, New York, who holds the CFP credential. Mayflower Advisors reports charging a percentage of assets and fixed fees on its Form ADV.

Page: https://find.wellspent.co/advisors/philip-purpura/
Built from SEC adviser records; last checked October 30, 2026.

## Facts

- **Firm:** Mayflower Advisors
- **Based in:** Melville, New York
- **Fee model (firm's Form ADV):** Percentage of assets; Fixed fees
- **Assets under management (firm):** $5.82B across 2,924 accounts
- **Credentials:** CFP
- **CRD:** 1271050 (https://adviserinfo.sec.gov/individual/summary/1271050)
- **SEC registration:** Investment adviser representative in NY
- **Exams passed:** Series 63 (1984), Series 65 (1999)
- **Firm size:** 33 employees
- **Disclosures:** None reported
- **Website:** https://mayfloweradvisors.com/

## Frequently asked questions

### Is Philip Purpura a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Philip holds no broker registration, and Mayflower Advisors reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does Philip charge for financial advice?

Philip's firm, Mayflower Advisors, reports charging a percentage of assets and fixed fees on its SEC Form ADV.

### Where is Philip Purpura based?

Philip Purpura is based in Melville, New York.

### What credentials does Philip Purpura hold?

Philip Purpura holds the CFP credential.

### Is Philip Purpura registered with the SEC?

Yes. Philip Purpura is registered as an investment adviser representative in NY (CRD 1271050), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Mayflower Advisors manage?

Mayflower Advisors reports $5.82B across 2,924 accounts in assets under management.

### How do I contact Philip Purpura?

Through Philip's website, mayfloweradvisors.com.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/1271050): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.