{"url":"https://nivawealth.com/firms/cambridge-associates-104942","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/104942","regulatoryAum":326698493016,"crd":"104942","secFileNumber":"801-14255","legalName":"Cambridge Associates, LLC","displayName":"Cambridge Associates","website":"https://www.cambridgeassociates.com","linkedinUrl":"https://www.linkedin.com/company/6987/","founded":null,"organization":"Massachusetts limited liability company","fiscalYearEnd":"December","headquarters":{"street":"115 Federal Street","city":"Boston","state":"MA","stateName":"Massachusetts","country":"United States","postalCode":"02110-2112"},"tradeNames":[],"registration":{"secApproved":"14 December 1978","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":1116,"advisory":424,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":106718564684,"discretionaryAccounts":248,"nonDiscretionary":219979928332,"nonDiscretionaryAccounts":356,"wrapProgram":null,"nonUsClientsPct":10,"nonAumClients":233},"clientTypes":[{"label":"High-net-worth individuals","clients":213,"regulatoryAum":87135253275},{"label":"Pooled investment vehicles","clients":27,"regulatoryAum":729037968},{"label":"Pension and profit-sharing plans","clients":34,"regulatoryAum":34057488569},{"label":"Charitable organizations","clients":306,"regulatoryAum":185982691991},{"label":"State or municipal government entities","clients":5,"regulatoryAum":7156746681},{"label":"Corporations and other businesses","clients":3,"regulatoryAum":1887209040},{"label":"Other","clients":16,"regulatoryAum":9750065492}],"fees":[],"feeNotes":[],"custodians":[],"custodyNote":"Cambridge Associates has custody of $109.21B for 228 clients.","otherCustodians":[],"leadership":[{"name":"David Druley","title":"Chief Executive Officer and Manager","crd":"1918462"},{"name":"Samantha Davidson","title":"President and Manager","crd":"2926644"},{"name":"Pamela Boone","title":"Chief Financial Officer and Manager","crd":"7566278"},{"name":"Dmitri Shadrin","title":"Chief Operating Officer","crd":"5053297"},{"name":"Sean Hanna","title":"Chief Compliance Officer","crd":"6550402"},{"name":"James Bailey","title":"Manager","crd":"10238"},{"name":"Xavier Coirbay","title":"Manager","crd":"7047604"},{"name":"Yoav Gottesman","title":"Manager","crd":"8020139"},{"name":"Bridget Macaskill","title":"Chair and Manager","crd":"1207158"},{"name":"Matthew Rhoades","title":"Manager","crd":"7626969"},{"name":"Scott Zoltowski","title":"Chief Legal Officer","crd":"2443825"}],"ownership":[{"label":"Ca Participation Venture Limited","detail":"Member in the 5% to 10% ownership band, since June 2000."},{"label":"Cambridge Associates Corp","detail":"Member in the 10% to 25% ownership band and a control person, since December 2012."},{"label":"Sofina US LLC","detail":"Member in the 10% to 25% ownership band, since August 2018."},{"label":"Platanus Holding LLC","detail":"Member in the 5% to 10% ownership band, since October 2018."},{"label":"Tethys Invest Corp","detail":"Member in the 5% to 10% ownership band, since October 2018."},{"label":"Cambridge Associates Partners LP","detail":"Partnership holding vehicle in the 10% to 25% ownership band, since January 2019."},{"label":"Hudson, Kelvin Mark","detail":"Indirect owner: trustee of The \"J\" Fund of the E&a Settlement and a control person, since November 2001.","parent":"The \"J\" Fund of the E&a Settlement"},{"label":"The \"J\" Fund of the E&a Settlement","detail":"Indirect owner: a shareholder of Ca Participation Venture Limited in the 75% or more band and a control person, since June 2000.","parent":"Ca Participation Venture Limited"},{"label":"James Bailey","detail":"Indirect owner: a president and director of Cambridge Associates Corp in the 75% or more band and a control person, since December 2012.","parent":"Cambridge Associates Corp"},{"label":"Green, Helen Foster","detail":"Indirect owner: trustee of The \"J\" Fund of the E&a Settlement and a control person, since November 2001.","parent":"The \"J\" Fund of the E&a Settlement"},{"label":"Saffery Champness Trust Corporation","detail":"Indirect owner: trustee of The \"J\" Fund of the E&a Settlement and a control person, since December 2012.","parent":"The \"J\" Fund of the E&a Settlement"},{"label":"Sofina Sa","detail":"Indirect owner: a member of Sofina US LLC in the 75% or more band and a control person, since May 2018.","parent":"Sofina US LLC"},{"label":"Tethys Invest Sas","detail":"Indirect owner: a shareholder of Tethys Invest Corp in the 75% or more band and a control person, since October 2018.","parent":"Tethys Invest Corp"},{"label":"Tethys Sas","detail":"Indirect owner: a shareholder of Tethys Invest Sas in the 75% or more band and a control person, since December 2015.","parent":"Tethys Invest Sas"},{"label":"Francoise Bettencourt Meyers","detail":"Indirect owner: a shareholder of Tethys Sas in the 50% to 75% band and a control person, since September 1996.","parent":"Tethys Sas"},{"label":"Wu Capital Limited","detail":"Indirect owner: a member of Platanus Holding LLC in the 75% or more band and a control person, since November 2017.","parent":"Platanus Holding LLC"},{"label":"Zodiac Elements Limited","detail":"Indirect owner: a shareholder of Wu Capital Limited in the 75% or more band and a control person, since November 2017.","parent":"Wu Capital Limited"},{"label":"Xinyi Cai","detail":"Indirect owner: a shareholder of Zodiac Elements Limited in the 75% or more band and a control person, since November 2017.","parent":"Zodiac Elements Limited"},{"label":"Cambridge Associates Partners GP LLC","detail":"Indirect owner: general partner of Cambridge Associates Partners LP and a control person, since January 2019.","parent":"Cambridge Associates Partners LP"},{"label":"James N. Bailey 2020 Trust","detail":"Indirect owner: a shareholder of Cambridge Associates Corp in the 75% or more band, since July 2025.","parent":"Cambridge Associates Corp"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":4,"privateResidences":0},"listedOfficeAddresses":5,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"101 California Street, Suite 3300","city":"San Francisco"}]},{"state":"Massachusetts","offices":1,"addresses":[{"street":"115 Federal Street","city":"Boston","headquarters":true}]},{"state":"New York","offices":1,"addresses":[{"street":"437 Madison Avenue, 39th Floor","city":"New York"}]},{"state":"Texas","offices":1,"addresses":[{"street":"2001 Ross Avenue, Ste 2300","city":"Dallas"}]},{"state":"Virginia","offices":1,"addresses":[{"street":"950 North Glebe Road, Suite 200","city":"Arlington"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"617-457-7500","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Subscription fees","Fixed fees (other than subscription fees)","Performance-based fees","Other"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)","Publication of periodicals or newsletters","Educational seminars/workshops"],"financialPlanningClients":"1000","assetMix":[{"label":"Exchange-traded equity securities","percent":10},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":2},{"label":"Investment grade corporate bonds","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":16},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":55},{"label":"Cash and cash equivalents","percent":4},{"label":"Other","percent":9,"detail":"Commodities, Digital Assets and Other Miscellaneous Holdings"}],"privateFunds":92},"sources":{"adv1FilingDate":"29 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/104942/PDF/104942.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Cambridge Associates have?","answer":"Cambridge Associates has 604 clients and manages $326.7 billion for them, as of April 2026. They include 306 charitable organizations, 213 high-net-worth individuals and 34 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 29 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Cambridge Associates offer?","answer":"Cambridge Associates provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters and educational seminars.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Cambridge Associates have?","answer":"Cambridge Associates has 0 investment adviser representatives registered with state securities authorities, out of 1,116 employees, and 424 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Cambridge Associates invest in?","answer":"At the end of its last fiscal year, Cambridge Associates’ separately managed accounts held 55% pooled vehicles (private funds and similar), 16% registered funds (mutual funds, ETFs, BDCs), 10% exchange-traded equities, 9% commodities, digital assets and other miscellaneous holdings, 4% cash and equivalents, 2% state and local bonds, 2% investment grade corporate bonds and 1% U.S. government and agency bonds. It advises 92 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Cambridge Associates?","answer":"Cambridge Associates is owned through a chain of holding companies by James Bailey, Sofina Sa, Francoise Bettencourt Meyers, Xinyi Cai and James N. Bailey 2020 Trust. Its direct owners are Ca Participation Venture Limited, Cambridge Associates Corp, Sofina US LLC, Platanus Holding LLC, Tethys Invest Corp and Cambridge Associates Partners LP, each holding 25% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 29 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Cambridge Associates get paid?","answer":"Cambridge Associates is paid through a percentage of assets under management, hourly charges, subscription fees, fixed fees, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}