Cambridge Investment Research’s first executive vice president and chief marketing officer Jim Guy passed away last week, the firm said in a statement released Thursday.
Guy, 63, passed away on April 5 after a brief illness, Cambridge said, leaving behind a strong legacy at both his firm and within the industry at large. An instrumental force during his almost four-decade career, Guy was key to the development of Cambridge’s fee-based programs. He is credited with helping to build the firm’s asset allocation platform, as well as Cambridge’s turnkey managed accounts program.
“Jim’s passion touched us all as he poured his heart and soul into Cambridge and all that we stand for in terms of our culture, values, and independence,” Cambridge Chairman and CEO, Eric Schwartz, said Thursday.
Born in southern California, Guy spent a number of years as a financial advisor with the Sun America organization before moving to Cambridge in the late 90’s. During his 13 years on Cambridge’s Board of Directors, he was influential in developing and growing the firm’s marketing and recruiting programs.
“Jim’s dedication and commitment are reflected in the strong teams he developed and the executive leaders he coached across the marketing and recruiting teams,” says Amy Webber, Cambridge president and COO. “His drive for recruiting was contagious and he held a key role in Cambridge’s growth over the last decade.”
In addition to his work on Cambridge’s executive board, Guy also ran a successful fee-based practice in Baltimore, Md. alongside his wife Helen. With his unique knowledge of an advisor’s day-to-day concerns, he also served as a strong advocate for advisors, sharing tips on practice management through his blog “A Guy’s Perspective.” 
Cambridge is planning on hosting an event Monday, April 29 in Fairfield, Iowa to celebrate Guy’s life and achievements. Additional details will be available next week, the firm said.