CAMBRIDGE INVESTMENTS & RESESARCH: Cambridge Welcomes The Nettuno Group
Cambridge Investments & Research issued the following announcement on Oct. 29.
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. The Nettuno Group brings over 60 advisors while retaining approximately 75 percent of their $30 million of revenue and $4 billion in AUA.
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.
Original source: https://www.joincambridge.com/about-cambridge/news-insights/news/Cambridge-welcomes-the-nettuno-group/