SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Murphy & Sylvest
Dallas, TX
Sylvest Advisors, LLC, CRD 165130
Firm filing updated March 25, 2026 ·
- $425.7MAssets
- 7Advisory staff
- 1,214Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- Individuals273
- High net worth individuals154
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 273 | $75.4 million |
| High net worth individuals | 154 | $350.3 million |
| Charitable organizations | Fewer than 5 clients | $0 |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisors (including private fund managers)
See all 5 services
- Publication of periodicals or newsletters
- Educational seminars/workshops
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisors (including private fund managers)
- Publication of periodicals or newsletters
- Educational seminars/workshops
Assets and accounts
- Regulatory assets$425.7 million
- Accounts1,214
- Discretionary$425.7 million · 1,213 accounts
- Non-discretionary$20,908 · 1 accounts
People
- Employees8
- Advisory staff7
- Broker-dealer reps0
- Licensed insurance agents5
- Planning clients101 to 250
Advisors
2 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- Legal name: Sylvest Advisors, LLC SEC-registered investment advisor. CRD 165130, SEC file 801-113128.
- Registered with the SEC as an investment advisor (status date on record: May 3, 2018).
Is Murphy & Sylvest a fiduciary?
Short answer: Murphy & Sylvest is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
5 staff are licensed insurance agents, the firm is itself an insurance broker or agent and the firm has a related insurance company or agency.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.