FAIRFIELD, Iowa–(BUSINESS WIRE)–Cambridge would like to welcome the Nettuno Group as new members of the Cambridge family. The enterprise organization, led by Ken, Anthony, and Christopher Nettuno, joined Cambridge in early October. They bring $30 million of revenue and $4 billion in AUA, and expect to retain approximately 75% of their advisors.
The Nettuno Group’s move is aimed to better position their firm in the industry and to explore specific succession planning needs. The Nettuno brothers had many discussions with their prior firm, independent consultants, and many independent broker-dealers, as well as their OSJs, and advisors. They emphasized their advisors played a critical role throughout the process by providing input and analysis every step of the way, and in the end they felt Cambridge was the best fit.
“There are a variety of reasons including culture, succession, economic and market dynamics that affect advisors in making a change, and it is a complex and often lengthy process that extends over many months,” said Kyle Selberg, Cambridge’s Chief Business Development Officer. Selberg added, “While across the industry many firms have been shrinking their offerings, we at Cambridge have worked very hard to continue to offer intelligent flexibility and choice for the advisor and their investment client, including a vast offering of succession, growth, investment, and custodial options.”
The Nettuno Group is a high quality enterprise with values closely aligned with Cambridge and our firm is pleased to have been chosen from the numerous options they had.
About The Nettuno Group
Nettuno Group is an enterprise organization located in Milton, Georgia. The firm’s presence includes: Nettworth Financial Group, Independent Advisor Group, and Nettuno Wealth Management. For more than 20 years, Nettuno Group has been bringing together advisors from across the country to find the best possible solutions for their clients. Through their network of practices, advisors are able to learn and grow from each other. The Nettuno Group offers independence without being alone.
About Cambridge
Cambridge is a financial solutions firm focused on serving independent financial professionals and their investing clients while preserving its private control. Cambridge offers a broad range of choices for independent financial professionals regarding solutions for advice, growth, technology, and independence. Cambridge’s national reach includes: Cambridge Investment Research Advisors, Inc. – a large corporate RIA; and Cambridge Investment Research, Inc. – an independent broker-dealer, member FINRA/SIPC, that is among the largest privately controlled independent broker-dealers in the country.
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.
Contacts
Cindy Schaus ([email protected]) – First Vice President, Public Relations and Creative Marketing, 641-780-3954
Nick Mitchell ([email protected]) – Senior Account Executive, Public Relations and Creative Marketing, 800-777-6080 x1677
Molly Ryan ([email protected]) – Account Executive, Public Relations and Creative Marketing, 800-777-6080 x1044
