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||—|
November 2, 2019 - Discount broker Charles Schwab Corp., the biggest adviser custodian, has been shaking up the securities and financial advice industries for decades. Its move last month to eliminate commissions for most online trades is only the latest in the company's...
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,...
August 17, 2019 - CLEARING FIRMS Listed by reported number of broker-dealer clients Firm Phone/website # of clients % change vs. 2018 Contact Phone/email Pershing One Pershing Plaza, Jersey City, NJ 07339 (800) 445-4467 pershing.com 625 -4.40% Michael Row Chief relationship...
July 20, 2019 - Brock Johnson, president, global retirement and workplace solutions, â€¨Morningstar Investment Management â€œWe have so much more data today. Broker-dealers and advisers in the past might have been trying to provide scalable advice in a way, saying, here's...
May 22, 2019 - LPL Financial, which has grown into one of the largest brokerage firms in the country by hiring advisers who act as independent contractors, is creating a new model which would employ brokers working directly for the firm. In a presentation to investors...
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...
- 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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