Cambria Investment Mgmt

What Cambria Investment Mgmt does

Cambria Investment Management, LP is a privately held registered investment adviser founded around 2006 and domiciled in El Segundo, California. The firm operates a suite of low-fee, rules-based ETFs spanning global market exposure, factor tilts (value, shareholder yield, growth), tactical asset allocation, and thematic strategies, alongside the Cambria Trinity Portfolios automated managed-portfolio service and a Section 351 ETF conversion mechanism for tax-efficient transition of appreciated securities into fund wrappers. Underlying investment processes are quantitative and rules-based, leveraging CAPE-ratio analysis across 40+ foreign markets, shareholder yield decomposition (dividends plus buybacks plus debt paydown), and trend-following tactical allocation overlays designed to remove emotional decision-making. Cambria monetizes primarily through recurring ETF management fees and Trinity Portfolio advisory fees, with revenue augmented by episodic 351 conversion engagements, and targets individual investors, RIAs, tax-sensitive legacy holders, and HNW households via a content-led go-to-market built around Meb Faber's authored books, whitepapers, and the Meb Faber Show podcast.

Name

Cambria Investment Mgmt

Legal name

Cambria Investment Management, LP

Website

https://cambriainvestments.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Cambria Investment Management is a private California-based registered investment adviser that issues low-fee, rules-based ETFs and automated managed portfolios for individual investors, financial advisors, and high-net-worth households, using quantitative valuation and factor strategies developed since 2006.

Ownership category

akta.pro rank

Product category

Investment Management / ETF Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Sector & Industry Equity ETFs (FSAAAFAC)

akta.pro secondary industry

Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)

Keywords

• Exchange traded funds
• Investment management
• Quantitative investing
• Portfolio management
• Financial advisory services

Headquarters

HQ city

El Segundo

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. ETF Management Fees: Cambria offers a suite of low-fee ETFs for various investment strategies including global market exposure, factor tilts, and quant-driven strategies. The firm generates revenue through ETF management fees.
2. Advisory and Bespoke Investment Services: Provides bespoke investing solutions for clients with specific needs, including the Trinity Portfolio automated investment service. Revenue generated through advisory fees for personalized investment management.
3. Section 351 ETF Conversion Service: Facilitates tax-efficient transition of appreciated securities into ETF structures under Section 351 of the Internal Revenue Code. Service offered to investors contributing securities to newly formed ETFs prior to launch.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Cambria Investment Management issues and manages a suite of low-fee, rules-based exchange-traded funds (ETFs) offering global market exposure, targeted factor tilts, and quantitative strategies. The firm also runs the Cambria Trinity Portfolio automated investment service and provides bespoke investment advisory solutions, including a Section 351 ETF conversion mechanism that allows investors to contribute appreciated securities to new ETFs without triggering taxable events.

Product overview

Cambria Investment Management is an ETF provider offering a suite of low-fee, rules-based ETFs with various investment strategies including factor tilts, value investing, and global diversification. The company provides multiple products: Cambria ETFs (covering diverse asset classes and investment approaches), Cambria Trinity Portfolios (automated investment management service), and the 351 ETF Exchange (a tax-efficient service allowing investors to transition legacy holdings into ETFs without immediate tax consequences). Cambria also distributes educational content including investment books and white papers by CIO Meb Faber, along with The Meb Faber Show podcast. The firm is characterized as 'quants' who use historical market data, testing, and modeling to create effective rules-based investment strategies.

Differentiator

Problem solved

Functional benefit

Products and services

• Cambria ETFs A suite of low-fee exchange-traded funds offered by Cambria providing global market exposure, targeted factor tilts, and quant-driven investment strategies for individual investors and financial advisors.
• Cambria Trinity Portfolios An automated, rules-based investment portfolio service that implements diversified asset allocation strategies, allowing investors to automate their investment process across global equities, bonds, and other asset classes.
• 351 ETF Conversion Service A tax-efficient service that allows investors to contribute appreciated securities to a newly formed Cambria ETF in exchange for ETF shares without triggering an immediate taxable event, under Section 351 of the Internal Revenue Code. Available to qualified investors who contact Cambria prior to fund launches.

Quantifiable outcome

• Rules-based tactical asset allocation strategies have achieved equity-like returns with bond-like volatility and drawdowns in real-time testing
• +1 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• First Trust: First Trust is an independent ETF sponsor with a deep advisor-focused lineup spanning factor, thematic, and income strategies. Its distribution model and advisor-heavy sales motion closely mirror Cambria's target channel.
• ProShares: ProShares is a thematic and rules-based ETF issuer with concentrated product positioning in income, tactical, and factor strategies. It competes with Cambria for advisor mindshare in non-vanilla ETF categories.
• WisdomTree Investments: WisdomTree is one of the most direct comparables: an independent ETF issuer built around factor, smart-beta, and international value strategies, with a comparable product philosophy to Cambria's CAPE-based global value and shareholder yield funds. It serves the same advisor and self-directed investor base and operates at slightly larger AUM scale.
• Alpha Architect: Alpha Architect is a small, quant-driven RIA and ETF sponsor whose factor and quantitative research-driven approach mirrors Cambria's strategy architecture and firm profile (small, quant-led, advisor-marketed). It is one of the closest size-and-philosophy comparables.
• Global X Funds: Global X is a thematic and factor ETF specialist that overlaps with Cambria's rule-based strategies spanning income, value, and theme-driven funds. Both target advisors and self-directed investors looking beyond plain-vanilla cap-weighted exposure.

Broad incumbents

• FlexShares (Northern Trust): FlexShares is Northern Trust's factor-tilted and ESG-tilted ETF brand, providing institutional-quality factor ETFs that overlap with Cambria's quantitative factor and global value offerings, albeit inside a much larger parent.
• Invesco (Invesco QQQ / factor ETFs): Invesco operates a much broader fixed-income and ETF business but its factor and smart-beta ETF franchises overlap directly with Cambria's quantitative rules-based lineup and compete for the same advisor shelf space.
• SPDR (State Street): State Street's SPDR franchise competes in factor and international ETFs and represents another scale advantage in shelf placement and institutional distribution that Cambria must contend with.
• Vanguard: Vanguard sets the low-fee standard in passive and factor ETFs and is a frequent comparison point in Cambria's own marketing. While Vanguard's factor lineup overlaps, its scale and distribution dwarf Cambria's.
• iShares (BlackRock): iShares is the dominant incumbent in factor and international ETFs (e.g., MSCI factor and value suites). It defines the fee and scale benchmarks Cambria must compete against across nearly every product in its lineup.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cambria-investments-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Cambria Investment Mgmt