On November 24, 2025, Cambridge Investment Research announced its acquisition of Dempsey Lord Smith.
Cambridge Investment Research (“Cambridge”) announced, on November 24, 2025, its acquisition of Dempsey Lord Smith (“Dempsey”). The transaction will add 75 professionals to Cambridge’s team. Further terms of the transaction were not disclosed.
Cambridge, based in Fairfield, Iowa, is a registered investment advisor offering investment services and asset management solutions to independent financial professionals and their clients. As of December 2025, Cambridge had approximately $102 billion in assets under management.
Dempsey, based in Rome, Georgia, is a registered investment advisor offering wealth management, retirement planning and 401(k) consulting services. As of March 2025, Dempsey had approximately $502 million in assets under management. Republic Capital Group and Williams Private Wealth Advisory & Consulting served as exclusive financial advisors to Dempsey on the transaction.
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