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Lenox Advisors to Expand Chicago Reach with Partnership of Murphy Group

Lenox Advisors, a full-service, wealth management firm, today announced plans to expand its risk management and corporate benefits practice through a partnership with the Murphy Group, a provider of both individual and corporate executive financial services. The expanded practice will operate under the Lenox Advisors umbrella.
Patrick Murphy, a partner of the Murphy Group, brings more than 30 years of experience in the financial services industry. He will work with Jim McClure, Managing Director of Lenox Advisors' Chicago office. "This partnership complements Lenox Advisors' product offering, and Murphy Group's areas of expertise helps us maintain our leadership position in the wealth management category," said Jim McClure. "We are excited to tap into Patrick's deep roots in the Chicago area, which will allow us to continue to grow our office and solidify our presence."
In addition to broadening Lenox Advisors' Chicago-area reach, the merger will give Murphy Group's current clients more resources, technology and the opportunity to offer Lenox's capabilities and expertise to a wider audience. "Utilizing the Lenox platform is an exciting opportunity, especially for our clients," said Patrick Murphy. "Our clients will now have increased access to leaders in the insurance, financial planning and asset management areas in addition to cutting-edge products and services."