FAIRFIELD, IA – January 9, 2024 — Cambridge, a leading financial solutions firm serving over 3,800 financial professionals across the country, is pleased to introduce BridgePort Financial Solutions (“BridgePort”), a fee-only registered investment advisor (RIA) firm. BridgePort is designed to support fee-only independent advisory firms with a range of technology, succession and acquisition, practice management, business consulting, and outsourcing solutions. The purpose of BridgePort is to drive long-term growth and longevity through increased stability, scale, and a holistic advisor workstation.
“We understand the unique challenges faced by advisory firms in today’s rapidly evolving financial services landscape,” said Cambridge President of Growth and Development, Jeff Vivacqua. “We created BridgePort with the RIA business owner in mind; for many firms that fall into this category, it may make sense to streamline operations and accelerate their growth pattern by becoming part of a larger group. That is why we created this standalone firm, it is a different business model than Cambridge. BridgePort is our newest solution for fee-only financial advisors interested in taking that next step.”
With over $1 billion in AUA, BridgePort will focus on strategic acquisitions and comprehensive support, connecting financial advisors with proven solutions to accelerate all areas of their business while providing the flexibility of choice needed to best serve their clients. Among many options available, advisors can transfer a minority, majority, or full ownership stake in their business; adopt BridgePort branding or have the ability to maintain their established branding; and can work with BridgePort teams to create customized continuity and succession plans.
Eddie Rollins, a former partner at Horizon Investments LLC who helped lead that firm’s distribution efforts over the last 14 years, joined BridgePort as its Managing Director. Leaning on his more than 35 years of experience in the financial services industry, Rollins will be responsible for driving the direction, planning, growth, and overall development of BridgePort and its various services. Rollins will also join Cambridge’s Executive Council.
BridgePort is a national RIA firm that supports fee-only independent advisory firms in the pursuit of building enduring businesses. BridgePort is committed to serving independent advisors with a range of customizable solutions for technology, succession and acquisition, practice management, business consulting, outsourcing, and more. Learn more about BridgePort here.
Cambridge is a financial solutions firm focused on serving independent financial professionals and their clients while preserving its internal 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 internally controlled independent broker-dealers in the country.
Contact: Jeff Wulf, Senior Vice President, Cambridge: email@example.com or 800-777-6080
BridgePort Financial Solutions, LLC is a Registered Investment Adviser with the U.S. Securities & Exchange Commission.
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. BridgePort Financial Solutions, Cambridge Investment Research, Inc., and Cambridge Investment Research Advisors, Inc., are wholly owned subsidiaries of Cambridge Investment Group, Inc.
Please contact Cambridge’s Public Relations Team at firstname.lastname@example.org for news media inquiries, executive speaking engagements, industry sponsorship opportunities, media planning, and community involvement.
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.