This week, Cambridge announced the opening of an extension office in Phoenix. The leading financial solutions firm currently has over $125 billion in assets under management and generates a revenue of $1 billion annually. In all, the firm has over 3,700 customers and clients. 

Amy Webber, CEO and President of Cambridge, had this to say about the planned expansion: 

“This expansion is part of our strategic growth objectives in serving independent financial professionals and their investing clients. Our dedication to making a difference in the lives of our financial professionals is at the core of everything we do, and we are excited to open our new office for our growing team in the Phoenix area.”

The expansion office in Phoenix will be able to provide 50 associates in the area. The company has made it clear that the Phoenix area remains a priority for them when it comes to expansion. Phoenix is a hotbed for financial services companies and Cambridge most likely sees it as an important stronghold.