Investment Product and Service Launches

Cambridge Financial launches private client solutions offering; Orion offering free learning for fiduciary advisers; and more.


Cambridge Financial Launches Private Client Solutions Offering

Financial solutions firm Cambridge, which supports 3,800 financial professionals, has launched a service for advisers to support high-net-worth and ultra-high-net-worth clients.

Cambridge’s Private Client Solutions will provide advisers with tools including investment management, tax and estate planning, cash management strategies, and wealth protection and legacy planning, according to the Fairfield, Iowa-based firm.

“Cambridge is pleased to leverage our scale and cross-functional expertise to meet financial professionals’ expanding needs in the high-net-worth space through our Private Client Solutions offering,” Jeff Vivacqua, president of growth and development, said in a statement. “Serving high-net-worth clients today requires a truly integrated, firm-wide approach.”

Orion Launches Free Learning Platform for Fiduciary Advisors

Orion Advisor Solutions, a wealth management solutions provider for fiduciary advisers, has launched Orion Advisor Academy, an on-demand learning platform for advisers to improve and grow their businesses while earning continuing education (CE) credits.

Dr. Daniel Crosby, Orion’s chief behavioral officer, has created the program to provide a mix of courses and practical training for running a successful fiduciary advisory firm taught at no charge.

Advisers can access a wide range of courses for leadership, marketing, financial planning, behavioral finance, investing, and operational processes.

Hub Launches Global Risk Solutions Practice

Hub International announced the launch of a global risk solutions practice to provide insurance and risk advisory services to multinational and global clients.

William Mulé, HUB executive vice president, will lead Hub’s Global Risk Practice and work alongside Mary-Beth Hahn, HUB complex risk practice deader, according to the Chicago-based firm.

“HUB’s Global Risk Practice extends our services and offerings to support clients who continue to expand and operate across borders where risk is becoming more complex,” Marc Cohen, president & CEO of HUB, said in a statement.

The new practice, along with global partners, will specialize in managing complex risk across North America and in over 100 territories throughout EuropeAsia, Oceania, Africa, the Middle East and South America.

FPA Starts Classes On Working with Elder Clients 

Financial Planning Association, a trade association for Certified Financial Planner professionals, is partnering with the Elder Planning Specialist Program to offer a 10-week online program for financial planners working with aging clients.

Plan4Life LLC creators Annalee Kruger and Bob Mauterstock have provided the curriculum that will begin being offered in rotating classes on March 27.

“Aging not only impacts those who are getting older, but also has an impact on those families and caregivers who want to ensure their loved ones are properly taken care of,” James Lee, FPA President, said in a statement. “Financial planners are in a unique position to provide empathetic support and guidance, but that means they need to understand the many issues older Americans face.”

The program includes a real-life case study format, weekly lectures by nationally recognized experts, tools and resources, and a marketing plan to differentiate those completing the program. Guest experts will cover critical areas of elder planning, including legal planning, long-term care planning, end-of-life planning, and running family meetings.

The program qualifies for 10 CFP® CE credits and is available to FPA members for $1,195 and nonmembers for $1,495. 

Evermore Capital Inc. to Close Evermore Retirement ETFs

Asset manager Evermore Capital Inc. will be terminating eight of its exchange-traded funds at the close of business on Wednesday, April 26, 2023.

The Evermore retirement ETFs will not accept further subscription orders for units of the ETFs after the close of business on Monday, April 10, 2023. The ETFs are expected to be de-listed from the NEO Exchange, at the request of the manager, at the close of business on or about Monday, April 24, 2023, with all units still held by investors being subject to a mandatory redemption as of the termination date.

Any remaining unitholders of the terminated ETFs will receive the net proceeds from the liquidation of the assets, less all liabilities and all expenses incurred in connection with the dissolution of the terminated ETFs, on a pro rata basis.