Cambridge Investment Research, the Fairfield, Iowa-based independent firm, has elevated three executive vice presidents to the office of the CEO, part of a new organizational structure.
Joining Cambridge CEO Amy Webber in running the firm as presidents in their respective divisions will be Colleen Bell, Jeff Vivacqua and Seth Miller. Bell will head innovation and experience; Vivacqua, growth and development; and Miller, advocacy and administration.
Webber was named CEO in 2017, succeeding firm founder Eric Schwartz who continues to serve as executive chairman of the board of directors.
Cambridge described its innovation and experience division as focusing on driving associate engagement and financial professional satisfaction, while advancing and discovering new ways to meet ongoing needs. The growth and development division seeks to build “strategic opportunities centered on organic growth, acquisitions, recruiting, and relationship management, while enhancing and expanding the digital resources financial professionals need,” Cambridge said in a press release Monday.
The advocacy and administration division aims to help the firm’s associations and professionals succeed “by managing internal polices and controls while influencing and navigating industry rules and laws that impact our business.”
The Reddit trading community's formal comment letter against the proposal is drawing widespread attention across finance and tech circles.
RIA aggregator adds $4.8 billion in client assets across seven states as demand grows for alternatives to traditional succession models.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Shareholder targets FS KKR Capital's directors over alleged portfolio valuation and dividend missteps.
UBS has a history of costly litigation stemming from the sale of volatile investment products.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
