Philip Purpura
Mayflower Advisors · Melville, New York
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.
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Facts
| Firm | Mayflower Advisors |
|---|---|
| Based in | Melville, New York |
| Fee model (firm's Form ADV) | Percentage of assets · Fixed fees |
| Assets under management | $5.82B across 2,924 accounts |
| Credentials | CFP |
| SEC registration | Investment adviser representative in NY · CRD 1271050 |
| Exams passed | Series 63 (1984) · Series 65 (1999) |
| Firm size | 33 employees |
| Disclosures | None reported |
| Website | mayfloweradvisors.com |
How Philip's firm compares
- Mayflower Advisors's average account is about $2.0 million, from its Form ADV (assets managed divided by 2,924 accounts).
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Questions about Philip
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.
What these terms mean: fee-only · fiduciary · CFP · CRD number · all terms
Where this information comes from
- SEC adviser records : 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 : registration, exams, and the firm's Form ADV, data as of October 29, 2026
- Directory listing last checked October 30, 2026.
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