Cambridge Investment Research Inc.
1776 Pleasant Plain Road
Fairfield, IA 52556
Clearing firm: National Financial Services LLC, Pershing LLC
No. advisers: 3,495
Year founded: 1981
Year end: Dec. 31
Recruitment & Staffing
|No. of reps||3,772||3,495||3,374|
|No. of producing reps||—||2,821||2,713|
|No. of reps producing $100K-$499K /year||—||1,186||1,118|
|Total revenues: Other||$81,159,448||$68,711,065||$61,841,629|
|Total account assets||$69,560,000,000||$67,760,000,000||$60,702,000,000|
|Total account assets: Other||$31,685,000,000||$31,050,000,000||$28,797,000,000|
|Average assets per rep||$19,902,718||$20,082,988||$19,961,197|
|Social Media & Mobile|
|Allows advisers to use social media||Y|
|Social media sites allowed||Facebook|
|Dedicated mobile application for advisers?||Y|
|Primary purpose of mobile application||—|
February 6, 2017 - The Financial Industry Regulatory Authority Inc. is making a lot of noise about keeping tabs on what it perceives to be high-risk or recidivist brokers, commonly called rogues in the industry. At the start of the year, Finra placed the monitoring of such...
January 22, 2017 - The 2017 InvestmentNews independent-broker-dealer directory is based on information provided by 90 eligible firms. To be considered for future listings, contact INResearch@investmentnews.com. Visit InvestmentNews.com/bddata for more-complete profiles....
January 3, 2017 - Eric Schwartz, the founder of independent broker-dealer Cambridge Investment Research Inc., has stepped down as the firm's CEO and has been replaced by longtime executive Amy Webber, who will also remain the firm's president. Mr. Schwartz, who also held...
December 29, 2016 - Eric Schwartz, founder, chairman and CEO of Cambridge Investment Research Inc., is one of the brightest guys in the securities business. One of the most unassuming, too. He started a predecessor to Cambridge in the 1980s but struggled with it due to its...
November 21, 2016 - A random work-study job landed Amy Webber at a broker-dealer 28 years ago, but it was persistence and sweat that launched her to the position of president at Cambridge Investment Research Inc. Being a young woman in an industry dominated by older men,...
November 6, 2016 - As more time elapses and more information trickles out about the Department of Labor's coming fiduciary rule, it is becoming more apparent that parties both inside and outside the regulatory clutch are still largely speculating about what lies ahead....
November 3, 2016 - Put Stifel Financial Corp. in the column of brokerage firms that will continue to pay both commissions and fees to advisers who work with client retirement accounts. The past month has seen a steady roll call of major firms revealing their plans and compensation...
November 1, 2016 - Cambridge Investment Research Inc. and the Cetera Financial Group network are the latest broker-dealers to announce their strategies to comply with the Department of Labor's fiduciary rule, saying Tuesday that they will continue to pay both commissions...
August 16, 2016 - Fourteen top advisers for Cambridge Investment Research Inc. have left the firm in the past year in a dispute with management over a partnership program designed to provide them with capital for succession planning and acquisitions, but which one of the...
- N/A = Not available
- N/D = Not disclosed
- — = Information not available or not disclosed
All 2011-2015 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.
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