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.”
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