Fairfield, Iowa-based independent broker-dealer and RIA Cambridge Investment Research announced that it surpassed the $2 billion mark in annual revenue for the first time on Oct. 31.
According to the firm, this represents a doubling of revenue in five years. The firm said it set a recruiting record and received industry accolades in 2025, along with its President, Amy Webber.
“Having been with Cambridge since 1998, I remember the early days of scrapping for every opportunity,” Webber said. “Even then, our culture and unwavering commitment to independence were non-negotiables. Staying true to those priorities has defined our journey over the years, and we’re proud that financial professionals continue to find value in the culture, flexibility and control that Cambridge provides.”
Jeff Vivacqua, the firm’s President of Growth and Development, said, “We’re proud to share this milestone with our 4,100+ advisors because it’s their revenue that makes this achievement possible, as well as our associates who consistently go above and beyond to create the highest value opportunities for collaboration with our financial professionals.”
Founded in 1981, Cambridge has over $250 billion in assets under advisement. In August, the firm launched an autonomous AI-agentic account opening tool designed to streamline the direct account opening process.
James Miller, Contributing Editor and Research Analyst at Wealth Solutions Report, can be reached at ContributingEd@wealthsolutionsreport.com.
