Soon after news of Ken Fisher’s crude remarks broke last month, Cambridge Investment Research President and CEO Amy Webber spoke out about the “inappropriate, disrespectful behavior” and called for “a professional code of conduct and a culture of inclusion at all industry events.”
The firm she leads — which has some 3,300 advisors, 20% of whom are women — adopted such a code last week.
Based on “recent non-Cambridge, industry events, we believe it is time to formalize a Cambridge Code of Conduct that aligns with our values and reflects the inclusion and respect we already expect at Cambridge hosted events,” she and Executive Chair Eric Schwartz said in a note to advisors.
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“Our Code of Conduct is to be honored and enforced by organizers, moderators, speakers and attendees whether they are home office associates, independent financial professionals, industry partners or guests,” they explained.