Cambridge Acquires Dempsey Lord Smith To Accelerate Advisor Growth

▤ Summary

Cambridge Investment Research acquired Dempsey Lord Smith to strengthen its advisor growth strategy. The deal brings about 75 financial professionals into Cambridge as a wholly owned subsidiary. Dempsey Lord Smith is shifting away from running its own broker-dealer and will rely on Cambridge’s scale, technology, and operational support. The combined platform aims to give advisors better tools, broader resources, and stronger service infrastructure for business expansion.

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