Cambridge Expands Management Team

Mike Hamm Named Vice President of Partner Support
Julie Gebert Named Assistant Vice President of Compliance

FAIRFIELD, Iowa--(Business Wire)--
Cambridge Investment Research, Inc. (Cambridge) announced new additions to its
management team as Mike Hamm has joined the firm as Vice President of Partner
Support and Julie Gebert has joined as Assistant Vice President of Compliance.

"Mike and Julie are seasoned Broker/Dealer professionals, and both bring broad
management experience to our already strong leadership team," said Amy Webber,
President of Cambridge. "We continually keep our eyes open for talented
individuals that complement our existing team and share our firm-wide commitment
to supporting true independence for our Rep/Advisors. In contrast to industry
trends, our overall team has increased by nearly 10 percent in 2009 as we
continue to maintain a ratio of 5:1 in terms of Rep/Advisors versus Home Office
staff support."

Hamm`s immediate priorities include strategic leadership for the Cambridge
Partner Support Center - a one-stop, high-level service center for Cambridge`s
Rep/Advisors. The Partner Support Center was launched in the fall of 2008 as
Cambridge assembled a team of its most experienced staff to personally deliver
"white glove service" and serve as a central point of contact to Rep/Advisors in
key areas such as Operations, Commissions, Compliance, and CIRStatements. In
keeping with his responsibilities for ensuring that Cambridge continues to
deliver on its reputation for high level service, Hamm is also charged with
oversight of Cambridge`s BEST Service Standards. The BEST initiative is a
quantifiable quality control system that Cambridge created to track and
continually enhance delivery of the best service to Rep/Advisors. Hamm reports
to Webber.

Prior to joining Cambridge, Hamm served with LPL Financial as Vice President of
Business Technology Services. His tenure at LPL includes prior responsibility as
the Vice President of Broker/Dealer Support Services. Hamm has over 15 years
experience in the financial services industry with a focus on Operations and
Technology. Hamm holds a MBA from the University of Pittsburgh, a BS from
Pennsylvania State University, and FINRA Series 7, 24, 63, and 65 licenses.

As Assistant Vice President of Compliance, Gebert`s immediate focus includes
supervision of the following Compliance units: Advertising Review, Training,
External Audit, and Internal Audit - which is comprised of trade review,
electronic correspondence, outside business activities, and employee
transactions. Gebert has a key role in continuing the Cambridge tradition of a
consultative approach to Compliance - meaning the firm takes pride in providing
meaningful guidance and support to Rep/Advisors in the ever-changing regulatory
environment. Gebert reports to Tom Anderson, Vice President and Chief Compliance
officer.

Before joining the Cambridge team, Gebert served as Assistant Vice President of
Business Development/Advisor Coach for AIG Advisor Group. Prior to AIG, Gebert
served as Chief Compliance Officer for several Broker/Dealers and her management
experience includes tenure with SVA Wealth Management, United Planners, and
SunAmerica Securities. Gebert brings nearly 20 years of experience in the
financial services industry and holds a BS in Public Relations and Finance from
the University of Wisconsin-Whitewater, and FINRA Series 4, 7, 24, 63, 65, and
66 licenses. She has also served on the FSI Compliance Advisory Council -
including service as Chair of the FSI Compliance Advisory Council.

About Cambridge
Cambridge Investment Research, Inc., Member FINRA/SIPC, is an independent,
privately owned Broker/Dealer with over 1,300 independent registered
representatives. Cambridge provides innovative fee programs and a full menu of
commission offerings to Rep/Advisors across the nation. An industry leader,
Cambridge continues to maintain its relationship-oriented culture.
www.joincambridge.com.

* 2008 & 2007 Broker/Dealer of the Year Investment Advisor magazine Division IV
Division IV represents broker/dealers
with over 1,000 producing advisors

* 2003 Broker/Dealer of the Year Investment Advisor magazine Division III
Division III represents broker/dealers with 500
- 999 producing advisors

* Ranked Among the Top 20 Independent Broker/Dealers 2008 and 2007
Financial
Planning magazine, June 2009, June 2008, June 2007

Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer,
Member FINRA/SIPC and Investment Advisory Services offered through Cambridge
Investment Research Advisors, Inc., a Registered Investment Adviser. Both are
wholly-owned subsidiaries of Cambridge Investment Group, Inc.

Cambridge Investment Research, Inc.
Cindy Schaus, 641-470-1225
Vice President, Sales & Public Relations
cindy.schaus@cir2.com
www.joincambridge.com

Copyright Business Wire 2009