Cantella Joins Cambridge

Longtime Boston-based independent broker/dealer Cantella & Co., Inc. has withdrawn its broker/dealer and RIA registrations and converted into a super office of supervisory jurisdiction (OSJ) with Cambridge Investment Research, Inc. Cambridge brought over 105 Cantella advisors in December 2022, representing approximately $5 billion in assets under management.

The Cantella brand and leadership team, which includes CEO and CIO Jay Lanstein , President and Chief Revenue Officer Jennie Devlin , CFO and Director of Trading William McEvoy , and Chief Risk Officer and CCO Sheelagh Howett , remain—only now with a Cambridge broker/dealer affiliation and under its corporate RIA.

Jeffrey Vivacqua , president of growth and development at Cambridge, said Cantella made the move because the firm's executives didn’t want to deal with the operational and compliance tasks involved in running a broker/dealer and an RIA. The leadership wanted to focus on the growth of their financial advisors. And while Cantella had built some systems internally, it wanted to leverage a larger firm for the technology and operations.

Continue Reading:?Boston B/D Cantella Shutters, Joins Cambridge as Super OSJ

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