11.25.25

Cambridge Investment Research Acquires Dempsey Lord Smith

by: Steve Randall

Cambridge Investment Research has acquired Georgia-based Dempsey Lord Smith, integrating roughly 75 financial professionals into its platform. The move allows Dempsey Lord Smith to pivot away from operating a standalone broker-dealer, focusing instead on advisor growth while leveraging Cambridge’s technology, operational resources and scale. Founder Jerry Dempsey emphasized that independence and advisor support remain central, and the partnership accelerates growth opportunities. Cambridge sees the acquisition as aligning with its strategy to expand its advisor footprint and serve firms prioritizing culture and autonomy.

Read the full article on InvestmentNews