Thursday, May 18, 2023
HomeLife InsuranceUncover True Independence at Cambridge

Uncover True Independence at Cambridge

As a monetary advisor, you want the flexibleness to make choices that the majority profit your shoppers and your follow.

Because of this the inflow of merger and acquisition exercise within the monetary companies business is so unsettling. Consolidation can rob you of your independence — the management and the flexibleness to run your follow your approach. Extra regarding, it might blindside you and are available whenever you least anticipate it.

That’s why aligning with a broker-dealer/RIA that’s internally managed and positioned to guard the independence of its monetary advisors is so vital.

Sustaining independence begins with a powerful basis. At Cambridge Funding Analysis, Inc., our six-pillar construction represents a dedication to our independence, and yours.


Cambridge founder and govt chairman Eric Schwartz had a imaginative and prescient greater than 40 years1 in the past when he first began a broker-dealer agency. Discovering it difficult to compete solely on value, Eric realized he would want to distinguish in different methods. Along with being value aggressive, he additionally centered on flexibility, high quality, service, and different fundamental ideas reminiscent of treating individuals properly, creating significant relationships, and surrounding himself with like-minded colleagues he knew he may belief.

Eric needed to offer a basis that may give monetary professionals the very best alternative to construct their companies their approach, whereas serving their shoppers with the flexibleness and selection that’s solely obtainable within the unbiased enterprise mannequin. From that imaginative and prescient, one of many main unbiased broker-dealers within the nation emerged. As a part of his imaginative and prescient, Eric knew he needed to construct a enterprise to final, not simply into his retirement, however throughout a long time and into future generations.

Through the years, Eric, CEO Amy Webber, and the Cambridge govt management crew have regularly made succession planning a precedence, working to make sure the agency’s long-term plans align with our targets and imaginative and prescient. As {the marketplace} evolves, so do our planning strategies, and we acknowledge the plan will at all times be a piece in progress.

Most of the succession choices we’ve made since Eric based Cambridge in 1981had been particularly designed to protect our standing as an unbiased and internally managed agency. For Cambridge, inside management happens when senior management has majority voting management to form the agency’s future with out outdoors restrictions. Whereas it could be interesting for founders of some firms and companies to money out as they strategy retirement, this usually sacrifices inside management and thus impacts the agency’s potential to place monetary professionals and shoppers first. This isn’t a part of Cambridge’s succession plan and isn’t of any curiosity to our collective senior management crew.

Our succession plan consists of the next six pillars:

  • Management Construction
  • Monetary Power
  • Voting/Non-Voting Inventory
  • Household Foundations
  • Revenue-Sharing Plan
  • Tradition

Our succession plan is designed for the long-term perspective and helps our dedication to freedom of alternative and independence. The way forward for what you are promoting is simply as vital to us. We’ve created a crew devoted to supporting monetary professionals in formalizing their very own continuity and succession plans. And for these nonetheless rising their companies, this crew can assist with acquisitions and all phases of the method. It’s by no means too late to start out planning for the longer term.

To study extra about our six-pillar strategy, click on (right here).

1Cambridge and its predecessor broker-dealer




Please enter your comment!
Please enter your name here

Most Popular

Recent Comments