An amazing opportunity to change millions of households, CEO says

An amazing opportunity to change millions of households, CEO says
InvestmentNews Awards 2024, CEO of the Year Excellence Awardee: Amy Webber, Cambridge Investment Group, Inc.
JUN 06, 2024

Amy Webber had an earlier start in the wealth management industry than most can attest. As an 18-year-old student placed in a work study program for a small independent broker dealer based in Madison, Wisconsin, Webber admits it wasn’t originally where she wanted to spend her life.

“I realized, even as an 18-year-old, that this is a business about people,” Webber, CEO of Iowa based-Cambridge Investment Group, Inc., said. “While we deal with finance and numbers, the rewarding part of it was going to be helping people. I was helping the financial advisors that worked at the firm that I was with, and the rest is history.”

Since becoming Cambridge’s CEO, Webber has led Cambridge into one of the fastest-growing firms in the industry, ranking 10th in the industry by InvestmentNews in 2023. Webber’s commitment to advisors has also seen Cambridge grow over the past five years by 52 percent in all product line revenue, 70 percent in revenue from advisory fees and 53 percent in total collective revenue added by Cambridge advisors.

Her dedication to service and kindness has her being recognized as an InvestmentNews Awards 2024 Excellence Awardee, with the winners announced on June 20 at 583 Park Avenue, New York City in a glitzy, red carpet ceremony. Click here to register to attend.

“These kinds of things just always remind me that we've got an amazing opportunity in our industry,” Webber reflects of her nomination. “Not just to make a difference in lives, but to change and influence millions of households in this country, and to help them reach financial goals.”

Webber attests that Cambridge's core values of integrity, commitment, flexibility, and kindness drive “everything that we do.”

“With those core values and our culture, you can't be a great leader if you don't lead great people and surround yourself with a lot of talent and creativity."

Latest News

Fintech bytes: Envestnet reaffirms $1B RIA commitment with Tamarac tech investment
Fintech bytes: Envestnet reaffirms $1B RIA commitment with Tamarac tech investment

Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.

RIA moves: Maridea acquires multigenerational practice in Pennsylvania debut
RIA moves: Maridea acquires multigenerational practice in Pennsylvania debut

Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.

Private equity eyes 401(k) plans, but fees remain a hurdle
Private equity eyes 401(k) plans, but fees remain a hurdle

Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger.

IRS floats proposal ending tax breaks for schools that weigh race
IRS floats proposal ending tax breaks for schools that weigh race

Treasury's latest tax-exemption crackdown on private schools lands in the wake of a separate push to restrict refundable credits for some immigrant filers.

Trust over tech:  The hidden signal of stock success in the AI era
Trust over tech: The hidden signal of stock success in the AI era

Workforce trust measures predicted which companies came out ahead during COVID-19. The same dynamic may now be playing out across the AI transition — and the data suggests the spread could be just as wide.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income