Patrick Murphy

Patrick Murphy knows that even the most brilliant minds can struggle with the complexities of financial planning. As a partner at True Vision Financial Advisors, Patrick acts as a dedicated advocate for his clients, helping them navigate the transition into retirement with clarity and confidence. He specializes in creating customized, independent financial plans that prioritize risk management and the client’s unique goals over proprietary products.

“Education is the passport to the future, for tomorrow belongs to those who prepare for it today.”

Patrick’s journey began far from the typical Minnesota childhood. The son of a computer programmer who worked on Cray Super Computers, Patrick grew up on the island of Kwajalein in the South Pacific, later living in Hawaii and Silicon Valley before returning home. This diverse upbringing taught him how to connect with people from all walks of life, a skill he uses daily to listen to and understand his clients’ deepest concerns.

A graduate of the Carlson School of Management at the U of M, Patrick spent 25 years at large national firms including Morgan Stanley, RBC Wealth Management, and Ameriprise Financial. Having navigated the 2000 tech bubble and the 2008 financial crisis, he brings a battle-tested perspective to risk management and investing for the full market cycle.

The turning point in Patrick’s career came when he stepped in to help his own father. Despite his father’s career success, retirement planning wasn’t his strength. Navigating his father’s health issues and financial pivots showed Patrick how rewarding and stressful planning can be. This experience fueled his move to independence, allowing him to serve as a true qualified professional who is in full control of the advice and services he provides.

Patrick believes that an informed client is a confident client. Alongside his partner, Mark Josephs, he teaches classes on retirement planning to help the community understand the factors that can lead to a comfortable future. Whether he is solving complex tax issues or helping a client realize they can retire earlier than planned, Patrick’s focus is always on listening, analyzing, and explaining the “why” behind every recommendation.

Having traveled the world as a child, Patrick values the perspectives gained through diverse experiences. Today, he channels that energy into his community through education and helping families in the Twin Cities area prepare for their next great adventure: retirement.