Financial Advisor and Morgan Stanley MAKER Wendy Murphy dedicates her professional life to helping extraordinary women and their families make sense of their financial lives.
Connections That Matter
Financial Advisor Wendy Murphy Leans on Her Grandmothers’ Advice for Women.
Wendy Murphy got some lasting advice from her grandmothers when she was a little girl. “Wendy, no matter what, a woman must always have her own money” were words that she took to heart. When she was just 12 years old, she got herself a job delivering the evening newspaper on her bicycle every day after school. The paper route earned her enough money to treat herself on Saturdays at the local general store and save some money too.
“At a very early age, I learned the connection between work, money and freedom,” says Wendy, who was named a Morgan Stanley MAKER.
Wendy began her career in Boston after graduating from Skidmore College. She took time off to raise a family, run a small interior design business and volunteer throughout her community. As her children grew older, Wendy knew she wanted to head back into the corporate world. Around the same time, her husband, Richard, was transitioning into a wealth management role, having spent his career up to that point on the institutional side of the business.
"I offered to help him with his marketing,” she says, “and was invited into a meeting with a woman leader in financial services. As I was listening to her story, it felt like a lightning bolt struck. I realized what I was looking for was right in front of me.”
That’s the moment Wendy realized she could combine “my passion for women and their independence, my education and my life experience to become a different kind of Financial Advisor—one dedicated to empowering women with their financial lives.”
Wendy and her husband formed The Murphy Group at Morgan Stanley in 2009. Ever since, she’s devoted her professional life to helping extraordinary women and their families make sense of their financial lives so they can be intentional stewards of their wealth, harkening back to her grandmothers’ wisdom. “My goal is to be a caring and trusted Financial Advisor who provides clients with support, encouragement and sensible investment advice as they navigate through the various stages of their lives.”
She is also a member of Morgan Stanley’s National Diversity & Inclusion Alumni Council and serves on the Advisory Board of the Institute for Women’s Leadership at Rutgers University.
“I’ve always loved meeting women and hearing their stories,” Wendy adds. “When my children were growing up, and we were out at the grocery store, the playground or the museum, they used to tug on my arm and plea, ‘Mommy, can we go now?,’ because wherever we went, I was talking to people.”
Recently, a woman introduced to Wendy at an event remembered her from when their toddlers were in a class together. She reminded Wendy of the impact she had made on her life during a hard time she had been having. “She said I made her feel welcome and that everything was going to be okay,” says Wendy. “It blew my mind that she remembered me, and how I made her feel, over 20 years ago.”
This encounter is one reminder of how Wendy tries “to live my life intentionally,” she says. “When I interact with someone, I want them to feel that ‘I see you, I hear you, I value who you are in the world.’”
The ability to form that human connection is a strength she holds in high regard.