# Cambridge Financial Group, LLC

> Cambridge Financial Group, LLC is an SEC-registered investment advisory firm in Tucson, AZ, registered since 2017, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 28, 2026.

- CRD: 117428
- Filed as: CAMBRIDGE FINANCIAL GROUP, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Tucson, AZ
- Filing period: October 2026
- Form ADV filing dated: April 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/117428
- AdvisorCensus page: https://advisorcensus.com/firm/cambridge-financial-group-llc-tucson-az-117428

## Quick answers

**How is Cambridge Financial Group, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Cambridge Financial Group, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); other.

**Where is Cambridge Financial Group, LLC located?**
Cambridge Financial Group, LLC's principal office is in Tucson, AZ, according to its Form ADV.

**Is Cambridge Financial Group, LLC registered with the SEC or a state?**
Cambridge Financial Group, LLC is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 117428.

**How much does Cambridge Financial Group, LLC manage?**
Cambridge Financial Group, LLC reports $645,804,007 in regulatory assets under management in its Form ADV filing dated April 28, 2026 (100% discretionary).

**How have Cambridge Financial Group, LLC's assets and staff changed since 2021?**
In the Form ADV data for Cambridge Financial Group, LLC: Regulatory assets under management: $352,271,894 in the October 2021 data and $645,804,007 in the October 2026 data, up 83%. Total employees: 8 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Cambridge Financial Group, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (166); individuals (other than high net worth individuals) (127).

**Which custodians does Cambridge Financial Group, LLC use?**
Cambridge Financial Group, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Cambridge Financial Group, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/117428

**Does Cambridge Financial Group, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 17, 2026 says: "As such, we maintain no minimum net-worth or asset requirements."

**What changed in Cambridge Financial Group, LLC's recent Form ADV filings?**
In the May 2026 filing data: Employees performing advisory functions went from 5 to 4.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Other

### Fees and minimums (Form ADV Part 2A brochure dated March 17, 2026)

- Account minimum: None

> As such, we maintain no minimum net-worth or asset requirements.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $645,804,007
- Discretionary: $645,804,007
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 127 | $61,002,902 |
| High net worth individuals | 166 | $584,801,105 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2017 (9 years)
- Employees: 10 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, HI, LA, MD, NY, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- cambridgefinancialgroup.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $352,271,894 | 8 | June 23, 2021 |
| October 2022 | $411,157,806 | 9 | March 8, 2022 |
| October 2023 | $401,685,763 | 9 | March 3, 2023 |
| October 2024 | $468,717,037 | 9 | September 17, 2024 |
| October 2025 | $538,870,193 | 11 | July 1, 2025 |
| October 2026 | $645,804,007 | 10 | April 28, 2026 |

Regulatory assets under management: $352,271,894 in the October 2021 data and $645,804,007 in the October 2026 data, up 83%.
Total employees: 8 in October 2021 and 10 in October 2026.

## Changes in the filing (last 12 months)

### May 2026
- Employees performing advisory functions went from 5 to 4.

### April 2026
- Employees performing advisory functions went from 6 to 5.
- Regulatory assets under management went from $538,870,193 to $645,804,007 (+20%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cambridge Financial Group, LLC (CRD 117428): Form ADV filing data as of October 2026.