Cambridge to Use London Pacific Advisors' (LPA) Separate Account Services
PR NEWSWIRE - January 16, 2002 08:35
LONDON and SACRAMENTO, Calif., Jan 16, 2002 /PRNewswire via COMTEX/ -- London Pacific Group Limited (NYSE: LDP; London: LPG) is pleased to announce thanal provider of investment advisory services, will offer LPA's web-enabled separate account consulting services and advanced technology to its more than 500 independent fee-based Financial Rep/Advisors nationwide.
Cambridge's Rep/Advisors will now have an integrated, scalable platform to customize investment strategies and to create portfolios based on their clients' tolerance for risk, financial objectives, and time horizon for achieving their goals. The robust consulting services include an in-depth client data management system, dynamic asset allocation services, extensive manager search capabilities for separate account managers (SAMs) and mutual funds, and on-demand investment policies.
"We are thrilled to partner with an exceptional firm like Cambridge, a firm dedicated to providing its advisors with customized asset solutions, cutting-edge technology, efficient business tools, and the highest level of service," said Michael Mayer, Chairman of London Pacific Advisors. "With everything Cambridge brings to the relationship, coupled with our more than nineteen years of asset consulting expertise and unparalleled technology capabilities, we know that this will be a powerful partnership."
"To maintain the highest levels of service to our Rep/Advisors, which is the cornerstone of our corporate philosophy, we are constantly looking for new programs and efficiencies to make our Rep/Advisors' professional lives easier," said Eric Schwartz, President of Cambridge Investment Research, Inc. "This was the basis for our decision to offer LPA's asset consulting solution to our Rep/Advisors."
Jim Guy, Executive VP of Business Development added, "We believe that LPA's comprehensive manager due diligence, combined with its state-of-the-art technology, will greatly increase our Rep/Advisors' ability to bring on new clients as well as service existing ones. With the full-service platform, even Rep/Advisors new to asset consulting will have the tools they need to build their asset-based businesses." |
