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ISC Financial Advisors

Updated today

Client assets under management

$1,189,842,925

Clients

1,262

24% high-net-worth

Advisors

10

of 17 employees

Firm type

Team

5-30 advisors or >$500M in AUM

Clients per advisor

126

Very High

Average account size

$942,823

About

ISC Financial Advisors provides investment advisory services to both individual clients (including high‑net‑worth individuals) and institutional clients such as corporate pension and retirement plans. The firm offers continuous asset management, financial planning, retirement plan design and administration, and insurance advising, and manages approximately $1.55 billion in client assets across discretionary and non‑discretionary accounts with a team of ten advisors.

The firm typically builds diversified portfolios using mutual funds and exchange‑traded funds and relies primarily on fundamental analysis, long‑term investing, and dollar‑cost averaging rather than market timing; clients may engage the firm for ongoing discretionary management or one‑time or modular financial plans. For retirement‑plan participant accounts ISC Financial Advisors can access and trade participant accounts through a third‑party order‑management platform under client authorization and implements trading authority via a limited power of attorney when agreed.

A distinctive feature of the firm is that it is also licensed as an insurance agency and some associated persons sell insurance products, receiving separate commission compensation that is disclosed as a potential conflict of interest. The brochure also notes dual‑registration activity—some personnel act as registered representatives of a broker‑dealer—and describes custodial and third‑party arrangements (including use of a preferred custodian and a third‑party platform for participant accounts) that can affect execution, custody practices, and cybersecurity considerations.

Client services

Financial planning Portfolio management Pension consulting

Expertise

Retirement plans for business owners (SEP, solo 401k)

Occupation focus

Retired Founder/Business Owner Executive

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Fee options

Percentage

$0 - $1,000,000: 0.90% annually $1,000,000 - $4,000,000: 0.75% annually $4,000,000 - $5,000,000: 0.50% annually $5,000,000+: 0.25% annually

Project-based

Hourly charges for financial planning services (specific rates not stated)

Other

Account minimum: $100,000 Minimum fee: $400 minimum fee per account Fee-only: Investment management and financial planning fees; no commissions on advisory services

Main office location

ISC Financial Advisors

200 North Broadway Ave.

Albert Lea MN 56007, United States

Number of offices

3

Most active in

Arizona · California · Colorado · Florida · Illinois · Iowa · Michigan · Minnesota · Missouri · Nebraska · New Hampshire · Oregon · South Dakota · Texas · Washington · Wisconsin

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Richard M

Series 63

Albert Lea, MN

ISC Financial Advisors

Richard Murray is a financial advisor with ISC Financial Advisors in Albert Lea, MN, holding a Series 63 designation and over 42 years of industry experience. He has worked at Purshe Kaplan Sterling Investments and Woodbury Financial Services and has been with Murray Financial Group LLC, doing business as ISC Financial Advisors, since 2011. Murray serves as the mayor of Albert Lea, Minnesota. ISC Financial Advisors provides investment management, retirement-plan design, and financial planning services to both individual and institutional clients. The firm manages approximately $1.35 billion in client assets and employs a long-term, fundamental analysis approach with strategic and tactical asset allocation.

Retirement plans for business owners (SEP, solo 401k) Retired Founder/Business Owner Executive
user avatar

Mark S

Series 63

Albert Lea, MN

ISC Financial Advisors

Mark Smed is a financial advisor at ISC Financial Advisors with 30 years of industry experience. He has worked at Purshe Kaplan Sterling Investments since 2021 and has been with ISC Financial Advisors, doing business as Murray Financial Group, since 2011. Prior to that, he spent 25 years at Woodbury Financial Services. ISC Financial Advisors provides investment management, retirement-plan design and administration, and financial planning to individuals, including high-net-worth clients, as well as institutional clients such as corporate and Taft-Hartley plans. The firm manages approximately $1.35 billion in client assets and employs a long-term investment approach emphasizing fundamental analysis and both strategic and tactical asset allocation.

Retirement plans for business owners (SEP, solo 401k) Retired Founder/Business Owner Executive
user avatar

Robert G

Series 65

Albert Lea, MN

ISC Financial Advisors

Robert Gadtke is a Series 65-licensed financial advisor at ISC Financial Advisors with one year of industry experience. He has a background as a licensed attorney in Minnesota and has worked as a fiction writer and in family law prior to joining ISC Financial Advisors. ISC Financial Advisors provides investment management, retirement-plan design and administration, and financial planning services to individuals, including high-net-worth clients, and institutional clients such as corporate and Taft-Hartley plans. The firm employs a fundamental analysis approach with strategic and tactical asset allocation techniques and manages approximately $1.35 billion in client assets.

Retirement plans for business owners (SEP, solo 401k) Retired Founder/Business Owner Executive
user avatar

Lawrence G

CFP®, Series 63, Series 66

Minneapolis, MN

ISC Financial Advisors

Lawrence Gartner is a CFP® professional with 16 years of experience in financial advising. He has been with ISC Financial Advisors since 2008. Outside of his advisory role, he is involved in property management as president and co-owner of Gleason Properties LLC. ISC Financial Advisors, operating as Murray Financial Group, provides investment management, retirement-plan design, and financial planning services to both individual and institutional clients. The firm manages approximately $1.35 billion in assets, employing fundamental analysis, long-term strategies, and both strategic and tactical asset allocation.

Retirement plans for business owners (SEP, solo 401k) Retired Founder/Business Owner Executive
user avatar

Benjamin L

Series 66

Albert Lea, MN

ISC Financial Advisors

Benjamin Lundeen is a financial advisor with ISC Financial Advisors in Albert Lea, MN, holding a Series 66 designation and two years of industry experience. He previously worked at Edward Jones and Thrivent Financial, and spent eight years with Venture Fireworks. ISC Financial Advisors provides investment management, retirement-plan design, and financial planning services to individual and institutional clients, managing approximately $1.35 billion in assets. The firm employs fundamental analysis and both strategic and tactical asset-allocation techniques, serving clients through discretionary and non-discretionary mandates.

Retirement plans for business owners (SEP, solo 401k) Retired Founder/Business Owner Executive
user avatar

Matthew B

Series 65

Albert Lea, MN

ISC Financial Advisors

Matthew Bennis is a financial advisor at ISC Financial Advisors in Albert Lea, MN, holding a Series 65 designation with one year of industry experience. He has been with ISC Financial Advisors since 2017. ISC Financial Advisors provides investment management, retirement-plan design and administration, and financial planning services to individuals—including high-net-worth clients—and institutional clients such as corporate and Taft-Hartley plans. The firm manages approximately $1.35 billion in client assets, employing a long-term investment approach that emphasizes fundamental analysis, dollar-cost averaging, and both strategic and tactical asset allocation.

Retirement plans for business owners (SEP, solo 401k) Retired Founder/Business Owner Executive
user avatar

Chad D

CFP®, ChFC®, Series 63

Albert Lea, MN

ISC Financial Advisors

Chad Duppong is a CFP® and ChFC® with 17 years of industry experience. He has worked at ISC Financial Advisors since 2016 and previously held roles at Northwestern Mutual Wealth Management Company and the Joel Seleskie Agency. ISC Financial Advisors, operating as Murray Financial Group, provides investment management, retirement-plan design, and financial planning services to individuals and institutional clients. The firm manages approximately $1.35 billion in assets, employing fundamental analysis, long-term strategies, and both strategic and tactical asset allocation in client portfolio construction.

Retirement plans for business owners (SEP, solo 401k) Retired Founder/Business Owner Executive
user avatar

Timothy J

Series 63

Albert Lea, MN

ISC Financial Advisors

Timothy Jaynes is a financial advisor with ISC Financial Advisors in Albert Lea, MN, holding a Series 63 designation and 12 years of industry experience. He has been with ISC Financial Advisors since 2011 and also maintains a role with Veracity Partners. Outside of his advisory work, he owns and consults for Jaynes Properties, LLC, a real estate investment business. ISC Financial Advisors, operating as Murray Financial Group, provides investment management, retirement-plan design, and financial planning services to individuals, including high-net-worth clients, as well as institutional clients such as corporate and Taft-Hartley plans. The firm manages approximately $1.35 billion in assets, employing a long-term investment approach with fundamental analysis and both strategic and tactical asset allocation.

Retirement plans for business owners (SEP, solo 401k) Retired Founder/Business Owner Executive
user avatar

Robert P

ChFC®, Series 63

Albert Lea, MN

ISC Financial Advisors

Robert Prentiss Jr. is a financial advisor at ISC Financial Advisors in Edina, MN, holding the ChFC® designation and Series 63 license with 12 years of industry experience. He has been associated with Independent Service Co. and ISC Financial Advisors since 1990. Outside of his advisory role, he serves as a trustee and chair of the finance committee at North Memorial Medical Center, a nonprofit community hospital. ISC Financial Advisors, operating as Murray Financial Group, provides investment management, retirement-plan design, and financial planning services to individuals, including high-net-worth clients, and institutional clients such as corporate and Taft-Hartley plans. The firm manages approximately $1.35 billion in client assets and employs fundamental analysis, a long-term perspective, and both strategic and tactical asset allocation in constructing client portfolios.

Retirement plans for business owners (SEP, solo 401k) Retired Founder/Business Owner Executive
user avatar

Charles A

CFP®, Series 63, Series 65

Albert Lea, MN

ISC Financial Advisors

Charles Achterkirch is a CFP® with 11 years of industry experience, currently serving at ISC Financial Advisors since 2016. Prior to that, he worked at The Oak Ridge Financial Services Group, Inc. from 2013 to 2016. Outside of financial advising, he operates an auto detailing business and holds a minority ownership in an automotive-related company. ISC Financial Advisors, operating as Murray Financial Group, offers investment management, retirement-plan design, and financial planning services to both individual and institutional clients. The firm manages approximately $1.35 billion in assets and employs a long-term, fundamental analysis approach combined with strategic and tactical asset allocation.

Retirement plans for business owners (SEP, solo 401k) Retired Founder/Business Owner Executive
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