Cambridge Investment Research

What Cambridge Investment Research does

Cambridge Investment Research, Inc. is a privately held, employee-owned independent broker-dealer and registered investment adviser founded in 1980 by Eric Schwartz in Fairfield, Iowa. The firm serves more than 4,100 independent financial advisors throughout the United States who collectively oversee over $280 billion in assets under advisement, and it surpassed $2 billion in annual revenue for the first time in October 2025. Cambridge operates multiple business models to meet advisors across the lifecycle: independent financial advisor affiliation, registered investment advisor (RIA) support, broker-dealer firms, offices of supervisory jurisdiction (OSJ), financial institutions, and a Partners Alliance program.

The company's core platform comprises WealthPort (customizable asset management solutions), CLIC — the Cambridge Linked Investment Center (integrated account servicing), and BridgePort Financial Solutions, an RIA launched in 2024 focused on succession and transition support. In March 2026 Cambridge launched Indy, a proprietary AI-powered chat assistant trained on Cambridge-specific knowledge with compliance governance and a roadmap toward autonomous agent capabilities. The firm also offers Cambridge WealthPlanners (a wealth planning and benefits consulting division acquired in March 2026), Cambridge Capital Solutions (an acquisition-focused business), and pursues strategic minority investments such as the January 2026 stake in The AmeriFlex Group to expand its Successi

Name

Cambridge Investment Research

Legal name

Cambridge Investment Research, Inc.

Website

https://joincambridge.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Cambridge Investment Research is a privately held independent broker-dealer and RIA serving more than 4,100 independent financial advisors across the United States, overseeing over $280 billion in assets under advisement and generating more than $2 billion in annual revenue through affiliation, technology, and succession solutions.

Ownership category

akta.pro rank

Product category

Independent Broker-Dealer and RIA Services

NAICS

Portfolio Management and Investment Advice (523940), Investment Banking and Securities Intermediation (523150)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Independent Broker-Dealers (Retail Network) (FSAAAAAC)

Keywords

• Independent broker-dealer services
• Wealth management platform
• Investment advisory services
• Financial advisor support
• Asset management solutions

Headquarters

HQ city

Fairfield

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Broker-Dealer Services: Cambridge generates revenue through its broker-dealer services, processing investment business and providing regulatory compliance support for independent financial professionals. The firm surpassed $2 billion in annual revenue for the first time in 2025.
2. Investment Advisory Services: Cambridge Investment Research Advisors, Inc. provides investment advisory services as a registered investment adviser, generating fee-based revenue.
3. Asset Management Solutions: Cambridge offers flexible investment solutions designed for the way advisors do business, generating revenue through asset management and product access fees.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Cambridge Investment Research is an independent broker-dealer and registered investment adviser that provides compliance, supervision, technology, asset management, and operational support to more than 4,100 independent financial professionals across the United States. It generates revenue by processing investment business, offering advisor-facing platforms (WealthPort, CLIC, Indy AI), and operating specialized RIA units such as BridgePort Financial Solutions for advisor transitions and succession planning.

Product overview

Cambridge Investment Research is an independent broker-dealer/RIA offering a comprehensive platform of solutions for independent financial advisors. The core offering includes WealthPort for customizable asset management and CLIC for integrated account servicing. The firm has expanded into AI-powered tools with Indy (chat assistant), and operates specialized business units including BridgePort Financial Solutions (RIA for succession planning), Cambridge WealthPlanners (wealth planning division), and Cambridge Capital Solutions (acquisition-focused unit). These products work together to support advisors across their entire lifecycle from independent practice to succession transitions.

Differentiator

Problem solved

Functional benefit

Brands

• BridgePort Financial Solutions: Registered investment advisor launched by Cambridge in 2024, focused on advisor continuity and succession solutions.
• Cambridge WealthPlanners

Products and services

• WealthPort
• CLIC (Cambridge Linked Investment Center)
• Indy
• BridgePort Financial Solutions
• Cambridge WealthPlanners
• Cambridge Capital Solutions
• Investment Solutions (broad product offering)
• Practice Management Solutions
• Transition Services
• Turnkey Office Space
• SuccessionFully (via The AmeriFlex Group)

Quantifiable outcome

• Surpassed $2 billion in annual revenue for the first time in October 2025, doubling revenue in five years
• +3 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability3 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core.

• The AmeriFlex GroupcoreStrategic or Co-development Partner · 29 April 2026Following Cambridge's strategic minority investment, AmeriFlex announced the national rollout of SuccessionFully, which was enhanced with AmeriFlex Advisor AI Connection, a matching tool powered by Anthropic's Claude LLM.
• The AmeriFlex GroupcoreStrategic or Co-development Partner · 6 January 2026Cambridge made a strategic minority investment in The AmeriFlex Group to accelerate the national expansion of its SuccessionFully® platform, a single-source succession planning tool for financial advisors. The platform addresses a growing industry crisis as 46% of financial advisors are expected to retire by 2035. AmeriFlex maintains majority advisor ownership and full strategic control while Cambridge serves as broker-dealer partner.
• The AmeriFlex GroupcoreChannel Partner/ Reseller/ Distributor · 1 July 2025The AmeriFlex Group partnered with Cambridge as broker-dealer partner in July 2025. In the six months since that partnership began, The AmeriFlex Group added 11 advisors and more than $1 billion in total client assets.
• iCapital NetworkcoreTechnology or IntegrationCambridge and iCapital expanded their relationship to provide enhanced access to alternative investment vehicles, research, and education for Cambridge advisors and their clients.
• Pershing LLCcoreTechnology or IntegrationPershing LLC provides trade execution, clearing, custody, and other services for securities and related transactions. Cambridge utilizes clearing partners including Pershing for custody services.
• Fidelity InvestmentscoreTechnology or IntegrationFidelity Investments provides trade execution, clearing, custody, and other services for securities and related transactions. Fidelity is an independent company and service provider to Cambridge.

Scale indicators9 records

Recent moves5 records

Expansion highlights6 records

Market position

Competitive moat6 records

Key highlights7 records

Customer concentration

• Xx.com/CambridgeIBD
• YouTubeyoutube.com/c/CambridgeInvestmentResearchInc
• Facebookfacebook.com/CambridgeInvestmentResearch
• LinkedInlinkedin.com/company/cambridge-investment-research
• Instagraminstagram.com/cambridge.investment.research/?hl=en

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries3 records

Funding overview

Funding rounds4 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cambridge Investment Research