Dempsey Lord Smith Forms Strategic Alliance with Cambridge
The partnership unites two organizations dedicated to independence, innovation, and advisor-first service.
Dempsey Lord Smith, LLC, a recognized independent financial services firm, has taken a significant strategic step by joining Cambridge Investment Research, Inc. This move marks a new era for the firm, renowned for its strong advisor community and commitment to enhancing the financial planning experience for clients.
For years, Dempsey Lord Smith has concentrated on empowering financial professionals to expand their businesses while emphasizing independence, integrity, and tailored support. As the firm navigated the evolution of the financial services landscape, its leadership realized that it is no longer essential to operate as a broker-dealer to deliver exceptional growth and success.
Jerry Dempsey, Founder and CEO of Dempsey Lord Smith, expressed, "Our mission has always been to support advisors' growth, and we recognized that we didn't need to be a broker-dealer to achieve our objectives effectively. This partnership provides us the opportunity to enhance our strong community while ensuring our advisors benefit from a broader range of tools, technology, and services. Collaborating with Cambridge will significantly accelerate their growth potential compared to going it alone."
As part of this partnership, around 75 financial professionals from Dempsey Lord Smith will transition to join the Cambridge team. The leadership will continue to be deeply engaged in advisor development, maintaining the culture and values that have defined the firm since its inception.
Jeff Vivacqua, President of Growth and Development at Cambridge, welcomed Dempsey Lord Smith, stating, "We are thrilled to have Dempsey Lord Smith as part of Cambridge Nation. They have successfully built an outstanding advisor community and a track record of growth that aligns perfectly with our core values. Their transition away from operating as a broker-dealer allows them to focus entirely on what matters most: the success of their advisors. With the added benefits of Cambridge's resources, technology, and scale, they are set for an unprecedented growth trajectory."
This strategic partnership signifies a commitment to advancing technological innovation, operational efficiency, and an unwavering focus on advisor service. The collaboration will seamlessly integrate Dempsey Lord Smith's robust, relationship-driven culture with Cambridge's expansive operational infrastructure, creating a powerful platform for advisors to evolve their businesses.
About Dempsey Lord Smith, LLC
Dempsey Lord Smith, LLC specializes in wealth management and retirement planning services, committed to aiding independent financial advisors in delivering exceptional client service. Established in 2007, Dempsey Lord Smith provides unbiased financial advice and access to a comprehensive selection of investment products while maintaining high standards of personal service. Combining a wealth of experience in financial planning with advanced portfolio modeling technologies, the firm's management team is dedicated to assisting advisors in achieving their clients' financial objectives.
About Cambridge
Cambridge is a leader in financial solutions devoted to serving the needs of independent financial professionals and their clients. Their focus remains on preserving control while offering a variety of solutions for advice, growth, and technology. Cambridge encompasses a national reach, encompassing Cambridge Investment Research Advisors, Inc., a major corporate RIA, and Cambridge Investment Research, Inc., one of the largest independent broker-dealers in the nation, which is a member of FINRA/SIPC.
Contact: Jeff Wulf, Senior Vice President, Cambridge: 800-777-6080.
Frequently Asked Questions
What is the main goal of the partnership between Dempsey Lord Smith and Cambridge?
The primary goal is to enhance advisor growth by providing access to better tools, technology, and support while focusing on independence and innovation.
How will the transition affect the financial professionals from Dempsey Lord Smith?
Approximately 75 financial professionals will join Cambridge, gaining access to additional resources that will support their growth and success.
What values do both Dempsey Lord Smith and Cambridge share?
Both organizations prioritize independence, innovation, and delivering exceptional service tailored to the needs of financial advisors.
What services does Dempsey Lord Smith offer?
Dempsey Lord Smith provides wealth management and retirement planning services, focusing on offering unbiased financial advice and a wide range of investment products.
Who can benefit from this partnership?
Independent financial advisors and their clients are the primary beneficiaries, as they will receive enhanced support and resources to ensure their financial success.
