Mark Ballenger, II of Ballenger Asset Management & Research announced today his broker-dealer, Cambridge Investment Research, Inc. (Cambridge) was named by Investment Advisor magazine as ‘2012 Broker-Dealer of the Year in Division IV’ – the division representing independent broker-dealers with over 1,000 producing advisors. The honor is based on the results of the annual poll conducted by the magazine in June of this year. Cambridge was previously honored in 2010, 2008, and 2007 as Broker-Dealer of the Year in Division IV and in 2003 for Division III.
“We view this honor as an important vote of confidence that our value-added offerings are meeting our advisors needs as we support their successful and growing independent businesses,” said Eric Schwartz, Cambridge CEO and Chairman of the Board. “The Broker-Dealer of the Year honor is a key metric we follow as we continually assess the satisfaction levels of our rep-advisors for the support we offer for their independent businesses.”
According to the statement issued by Investment Advisor magazine, Cambridge ‘prevailed in the largest division … by scoring particularly high ratings among its advisors for its communication with the home office, management and its product list’.
Cambridge’s honor is based on receiving high marks in all categories, and a composite score that was highest among its peers. Over 5,000 credentialed voters – representatives of independent broker-dealers – cast ballots, and those broker-dealers that gained the highest composite scores were awarded the honors in four different divisions based on their number of producing rep-advisors. The winning broker-dealers are profiled in Investment Advisor’s September 2012 issue.
About Ballenger Asset Management & Research
At Ballenger Asset Management & Research, we seek to relieve the busy investor from the daily hassle of investment research and due diligence. Our company believes life should be balanced among its pleasures. It is our pleasure to take on the investment responsibility for our clients so they can focus on what matters most to them.
Mark Ballenger, II
Investment & Financial Consultant
Ballenger Asset Management & Research
110 East Beaver Creek Blvd., Suite 201
Avon, CO 81620
P: 970-471-9962
Registered Representative, Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA & SIPC Investment Advisor Representative, Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Ballenger Asset Management & Research are not affiliated.
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About Broker-dealer of the Year:
Investment Advisor magazine, 2012, 2010, 2008, 2007, Division IV; 2003, Division III. A broker-dealer becomes eligible for this honor only after a minimum of 10% of its producing rep-advisors cast valid ballots. The ballots rate the broker-dealer in 15 different categories defined by Investment Advisor as relevant challenges and concerns. Broker-dealers receiving the highest marks in each of four divisions are declared Broker-Dealer of the Year. Results are based on experiences and perceptions of participants surveyed in June 2012. Experience may vary. Visit advisorone.com.
About Cambridge:
Cambridge Investment Research, Inc. (Cambridge), member FINRA/SIPC, is an independent, privately owned broker-dealer with over 2,100 independent registered representatives and $43.9 billion assets under management.
Cambridge has been honored a Broker-Dealer of the Year in Division IV for 2012, 2010, 2008, and 2007 and was previously honored as Broker-Dealer of the Year in Division III in 2003. The firm has also been recognized as one of the Best of Iowa Businesses1 and has been named among the Top Workplaces in Iowa2. Cambridge also provides innovative fee programs and a full menu of commission offerings to advisors across the nation. Recognized in the industry as The Fee Experts®3, Cambridge has been ranked a fee leader among independent broker-dealers for 12 consecutive years.