FAIRFIELD, Iowa--(EON: Enhanced Online News)--Cambridge Investment Research, Inc. (Cambridge) reported Day two of Ignite 2013 began with the President’s Welcome by Amy Webber and highlights of Cambridge’s solutions for independent rep-advisors related to technology, WealthPort, and mobile apps. WealthPort is a new technology milestone for the firm and the industry with Cambridge’s strategic integration of the entire managed account experience for advisors and their clients.
“Discussion around our mobile strategy and innovative solutions is not complete without mention of our New Century Council”
“WealthPort is on the forefront of managed account options for rep-advisors,” said Amy Webber, Cambridge’s President. “We are introducing it in staged releases to our rep-advisors that will culminate in a complete managed account function that is fully integrated into a flexible workstation.”
WealthPort includes turnkey asset management wrap account solutions with model portfolios managed by nationally recognized investment strategists as well as asset management account solutions managed by rep-advisors. This complete managed account solution will integrate proposal generation, account process, investment model management, trade order management, fee billing, and other reporting including performance.
“WealthPort is a breakthrough in the managed account experience for financial advisors and their clients,” said Ryan Reineke, Cambridge’s Senior Vice President of Technology and Operations. “It is a natural extension of our innovative combination of workstation and platform that delivers a full suite of integrated and customizable technology components.” Easy to use as a workstation, Cambridge’s centralized platform of tools and services includes electronic signature and tablet compatible web applications, integrated forms population, on-line account opening, unique and multiple fee billing options, electronic blottering of transactions, consolidated performance reporting, supervision review and compliance oversight, and a payment on demand compensation platform for rep-advisors.
Reineke continued, “All of our web-based applications are compatible with iPads and tablets. Over the last several years we prioritized mobile capabilities so we could deliver a workstation and platform that enables Cambridge advisors a means of connecting to client data outside the confines of the traditional business office. We heard their need for virtual engagement based on the needs of their clients, and as we continue to expand technology solutions we are committed to maintaining full compatibility and intend to adapt new web applications for iPad and tablet use.”
“Discussion around our mobile strategy and innovative solutions is not complete without mention of our New Century Council,” said Webber. “The rep-advisors who serve on our New Century Council are shaping the future with their insight and suggestions driving solutions like eSignature and mobile apps.” Rep-advisors serve on the New Century Council in rolling three-year terms and Cambridge just announced the start of the nomination process for the next term running from 2014 through 2017 and the inclusion of video-based applications by interested Cambridge rep-advisors.
Over 18 percent of Cambridge’s rep-advisors are under 40, and this next generation comprises the majority of the New Century Council. Webber noted, “But we appreciate and respect contribution from the boomers and all generations as we collaborate on the future needs of the next generation client and investor.”
About Cambridge New Century Council
Cambridge’s New Century Council (NCC) is a unique group of rep-advisors who provide insight on the types of things advisors will need from their broker-dealer partner, and the industry, to continue serving their clients into the future. The group has also begun to focus on the needs of the next generation investor. Today many rep-advisors are serving clients with an average age of 55-60, but future success includes identifying how to attract and meet the needs of younger clients. Former and current NCC members have built strong relationships with their peers while shaping the future of Cambridge for the benefit of all rep-advisors and their clients. Since its creation in 2009, the NCC has been instrumental in helping Cambridge develop its social networking policies, mobile strategy, Cambridge Source, and the NextStepTM program. Council members serve a three year rolling term and the nomination process for the new term beginning in 2014 is now underway.
Cambridge Investment Research, Inc. (Cambridge), member FINRA/SIPC, is an independent, privately owned broker-dealer with over 2,400 independent registered representatives and $53.4 billion assets under management. Cambridge has been named among the Top Workplaces in Iowa the last two years1 and was recognized as one of the Best of Iowa Businesses2. Cambridge provides innovative fee programs and a full menu of commission offerings to advisors across the nation. Recognized in the industry as The Fee Experts®3, Cambridge has been ranked a fee leader among independent broker-dealers for 13 consecutive years4. www.joincambridge.com; @plainsvision
1 Des Moines Register, “Top Workplaces in Iowa” 2011, 2012,
2 IA Biz magazine, “Best of Iowa Businesses,” 2010
3 THE FEE EXPERTS® is a registered trade mark of Cambridge Investment Research, Inc. for its investment advisory service for investment managers.
4 Financial Planning magazine, June “FP50”, Top 50 Independent Broker-Dealer Issue, 2001-2013.
Securities offered through Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC, and investment advisory services offered through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Both are wholly-owned subsidiaries of Cambridge Investment Group, Inc.