Houston, TX Echo Ln Office

Team
Updated today
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Cambridge Investment Research Advisors

Institution

Firm-wide stats for Cambridge Investment Research Advisors

Total advisors

3,911

Across 2,198 offices

Clients per advisor

91 Typical

Avg AUM per client

$378,281 Low

HNW client ratio

13% Typical

About

Cambridge Investment Research Advisors, Inc. serves a broad mix of individual and institutional clients — including pension and charitable organization clients — by providing financial planning, ongoing investment management, retirement-plan advisory, and wrap-fee programs. The firm operates through thousands of Financial Professionals and manages a multi‑billion dollar asset base while offering account implementation across multiple platforms and custodians.

The firm supports both discretionary and non‑discretionary management via platforms described in the brochure (CMAP, FlexMAP and the WealthPort wrap program), offers access to unaffiliated third‑party advisers and sub‑advisors, and maintains proprietary model strategies under the Founders Gate Capital brand. The brochure also notes some Financial Professionals offer tactical services such as market‑timing strategies and that a subset of advisers maintain outside professional practices (including accounting and legal services) and may refer clients to those practices.

Notable distinctions in the brochure include the firm’s development and distribution of affiliated model strategies (Founders Gate Capital), with disclosed strategist fees and related conflict‑of‑interest procedures, and detailed governance around platform and third‑party relationships. The brochure also discloses recent regulatory matters — including an SEC consent with restitution and penalties totaling approximately $13.2 million (2025) and a Delaware consent order with penalties and restitution of about $1.05 million (2026) — and describes supervisory and procedural changes the firm has put in place.

Based on Cambridge Investment Research Advisors

Expertise

Annuities Retirement plans for business owners (SEP, solo 401k)

Based on Cambridge Investment Research Advisors

Location

950 Echo Ln Ste 370

Houston TX 77024

Advisors at this office

5

Advisors at this office

user avatar

Gloria D

ChFC®, Series 63, Series 65

Houston, TX

Cambridge Investment Research Advisors

Gloria Dowiak is a financial advisor with Cambridge Investment Research Advisors in Houston, TX, holding a ChFC® designation along with Series 63 and 65 licenses. She has 23 years of industry experience, including prior roles at LPL Financial and Valic Financial Advisors. She serves as a board member for the Huntington Village Community Association, a homeowners association. Cambridge Investment Research Advisors serves a diverse client base including individuals, institutions, pension plans, and charitable organizations, offering financial planning, investment management, and retirement-plan advisory services through multiple platforms and proprietary model strategies.

Annuities Retirement plans for business owners (SEP, solo 401k)
user avatar

Spencer M

Series 63, Series 65

Houston, TX

Cambridge Investment Research Advisors

Spencer Murchison is a financial advisor with Cambridge Investment Research Advisors in Houston, TX. He holds Series 63 and Series 65 designations and has 28 years of industry experience. His prior roles include positions at Merrill, the Stanford Group Company, and WFG Advisors. Outside of his advisory work, he operates as an independent insurance agent with Synergy Wealth Management. Cambridge Investment Research Advisors serves a diverse range of individual and institutional clients by offering financial planning, investment management, retirement-plan advisory, and wrap-fee programs. The firm manages a multi-billion dollar asset base and provides both discretionary and non-discretionary portfolio management through multiple platforms and custodians.

Annuities Retirement plans for business owners (SEP, solo 401k)
user avatar

Michael S

Series 63

Houston, TX

Cambridge Investment Research Advisors

Michael Stockman is a financial advisor with Cambridge Investment Research Advisors in Houston, TX. He holds the Series 63 designation and has 26 years of industry experience. Prior to his current role since 2013, he worked at LPL Financial and Valic Financial Advisors. Outside of advisory services, Stockman is active as a real estate agent with multiple firms in the Houston area. Cambridge Investment Research Advisors serves a wide range of individual and institutional clients, including pension and charitable organizations, offering financial planning, investment management, retirement-plan advisory, and wrap-fee programs. The firm operates thousands of Financial Professionals and manages a multi-billion dollar asset base across multiple platforms and custodians.

Annuities Retirement plans for business owners (SEP, solo 401k)
user avatar

John V

Series 63, Series 65

Houston, TX

Cambridge Investment Research Advisors

John Varick is a financial advisor with Cambridge Investment Research Advisors, holding Series 63 and Series 65 licenses and bringing 26 years of industry experience. He has worked with Cambridge since 2013, following roles at LPL Financial and Valic Financial Advisors. Outside of his advisory work, he volunteers annually at the Houston Livestock Show and Rodeo, assisting patrons with merchandise. Cambridge Investment Research Advisors serves a diverse client base including individuals, pension funds, and charitable organizations, offering financial planning, investment management, and retirement-plan advisory services. The firm manages a multi-billion dollar asset base and provides access to multiple platforms and third-party advisors along with proprietary model strategies.

Annuities Retirement plans for business owners (SEP, solo 401k)
user avatar

John F

ChFC®, Series 63, Series 65

Houston, TX

Cambridge Investment Research Advisors

John Fry is a ChFC® credentialed financial advisor with 34 years of industry experience. He has worked at Cambridge Investment Research Advisors since 2016 and previously held positions at Oppenheimer, Stanford Group Company, and Prudential-affiliated firms. Outside of his advisory role, he is an independent insurance agent specializing in health and life insurance in Houston, TX. Cambridge Investment Research Advisors serves a diverse client base including individuals, institutions, pension plans, and charitable organizations, offering financial planning, investment management, retirement-plan advisory, and wrap-fee programs through a network of financial professionals and multiple platform options.

Annuities Retirement plans for business owners (SEP, solo 401k)
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