How it all started

Wealth management services offered by large corporate firms never made complete sense to our founder, Mitsuo (Mit) Lockrow. Over time, he came to the realization that the conventional financial services business model was, in many ways, at odds with his own business philosophy and cultural values. So, in 2014, after nearly 20 years of working at global investment banking and broker-dealer firms, Mit decided to form Cambridge Wealth Management and execute on his vision to create a better wealth management experience by integrating the values of simplicity, harmony, and excellence into the traditional financial advisory paradigm.

Our Five core Business Tenets

  • Best Interests | As client fiduciaries, we care deeply about always doing what’s best for our clients. We’re free from the many conflicts of interest that can surface at publicly traded wealth management companies, which also must serve their shareholders’ interests.

  • Simple Transparency | We do not receive commissions or have hidden fees. The one-time financial planning fee you pay is based on your needs and offered at a flat rate for a comprehensive plan or charged at an hourly rate for $300. One simple fee, based on the value of your assets under our management, covers investment management and ongoing personalized wealth planning services.

  • Holism | We provide integrated, unbiased advice and solutions. Our disciplined processes and cutting-edge technology help to create harmony in your financial life, bringing together all of the fragmented parts into a cohesive cash flow-based financial plan.

  • Pursuit of Excellence | We pursue continuous improvement in all areas of our business and strive for excellence in every service we provide to our clients.

  • Professionalism with A Personal Touch | Cambridge Wealth Management was founded on the premise that individuals, families, and businesses with complex financial needs deserve thoughtful, personalized attention. We’ll make strategic recommendations with the care, skill, and judgment of an experienced financial advisor.

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The Logo Story

The design of the Cambridge Wealth Management logo is based off a Japanese coin called the “Four Mon" coin modeled after Chinese coins issued by the Tang dynasty (618 - 907). The logo was conceived on the weekend of July 4th, 2014 when our founder's mother showed him some "Four-mon" coins during breakfast.

In Ancient Asia, the shape of coins was symbolically important — earth was believed to be square and heaven was round. Thus, a square in the center of a circle symbolized perfect balance and harmony and has special significance as a symbol of prosperity.

The pattern of the eleven waves on the reverse of the Four Mon coin was considered to be a symbol of happiness. Today, the waves depicted in our logo represent the six vital components of a comprehensive financial plan.

The coin shape symbolism is the genesis of our mission statement: To help our clients prosper by creating clarity and harmony in their financial lives.

Asset Custody

Custody services and other brokerage services provided to clients of Cambridge Wealth Management, LLC are offered by Charles Schwab & Co., Inc. (“Schwab”), Member FINRA/SIPC, a leading provider of trading, custody, and brokerage services to Registered Investment Advisors, Trust Institutions, and Third-Party Administrators. 

Cambridge Wealth Management, LLC (“Cambridge”) and its employees are independent of and are not employees or agents of Charles Schwab & Co., Inc. (“Schwab”). There is no form of legal partnership, agency affiliation, or similar relationship between your wealth advisor and Schwab, nor is such a relationship created or implied by the information herein. Schwab does not prepare, verify or endorse information distributed by Cambridge and therefore does not assume any responsibility for its content.

As an independent Registered Investment Advisor, we have access to other custodians. If you have a preference for a particular custodian for your investments, other than Schwab, we will certainly consider your request.

Internal Safeguards

As client fiduciaries, we are dedicated to keeping your financial data safe and secure. We take proactive measures to adhere to all local, state, and federal rules, regulations, and best practices to keep your accounts safe and your information private.

We foster a workplace environment that encourages the highest standards of ethical conduct, professionalism, and intellectual honesty. All employees are required to sign a Confidentiality Agreement to protect our clients’ nonpublic, personal information. 

Systems including hardware, software, and network components to protect and preserve clients’ nonpublic, personal information are in place and maintained.

All workplace computers are:

  • Encrypted as required by federal standards. Except for limited exceptions, all pop-up windows and cookies are blocked from third parties.

  • Regularly scanned for any known malware or adware

  • Set up with firewalls to prevent unauthorized applications, programs, and services from accepting incoming connections

  • All inbound email and attachments are scanned for email-borne viruses by an email security platform

We have strict procedures for filing of client information:

  • Confidential information sent through email transmission requires a password to access data

  • We regularly shred all unnecessary documents containing sensitive or confidential information

  • All physical files containing client information are securely locked in file cabinets daily in a secure room

  • An SEC W.O.R.M. compliant cloud-based system is used for filing of client documents