Cambridge Investment Research Inc.
1776 Pleasant Plain Road
Fairfield, IA 52556
Clearing firm: National Financial Services LLC, Pershing LLC
No. advisers: 4,155
No. franchises: 2,261
Year founded: 1981
Year end: Dec. 31
No. of retail offices: 2,290
Recruitment & Staffing
|No. of reps||4,155||3,956||3,738|
|No. of producing reps||3,296||3,175||3,005|
|No. of reps producing $100K-$499K /year||1,462||1,369||1,290|
|Total revenues: Other||$113,636,706||$91,779,037||$82,086,994|
|Total account assets||$93,145,839,675||$94,244,000,000||$78,508,000,000|
|Total account assets: Other||$42,524,461,434||$43,480,000,000||$36,977,000,000|
|Average assets per rep||$22,417,771||$23,823,054||$21,002,675|
|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||—|
October 25, 2019 - Ken Fisher's insulting, crude comments about sex and hitting on women made recently at an industry conference are far from remarkable. Mr. Fisher sounds like a typical blowhard at a cocktail party, trying to make a racy joke that falls flat and winds...
October 16, 2019 - Cambridge Investment Research Inc. has reeled in a large group of advisers, the Nettuno Group, that was formerly registered with FSC Securities Corp., one of the broker-dealers in the Advisor Group network. The Nettuno Group, which is based in Milton,...
May 3, 2019 - As our members know, the Financial Services Institute is firmly committed to championing the cause of helping more female professionals not only enter, but achieve lasting success within the financial advice industry. The formation of the House Financial...
May 1, 2019 - An elderly couple in upstate New York won a $3.2 million Finra arbitration award against AXA Advisors in a case involving unsuitable variable annuity and life insurance sales. James and Sandra Fitzpatrick alleged that their then-AXA representative, Francesco...
April 24, 2019 - Meliora Wealth Management and Allied Financial Partners, which manage $200 million in Rochester, N.Y., have switched affiliation from Cambridge Investment Research to Securities America. Meliroa's and Allied's six advisers will be supervised by Evolution...
April 24, 2019 - Firm 2018 revenue ($M) % change vs. 2017 2018 commission revenue ($M) % change vs. 2017 2018 fee revenue ($M) % change vs. 2017 2018 other revenue ($M) % change vs. 2017 1 LPL Financial LLC 5188.4 21.2 1919.7 14.9 1793.5 27.3 1475.2 22.8 2 Ameriprise...
- N/A = Not available
- N/D = Not disclosed
- — = Information not available or not disclosed
All 2011-2016 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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