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Neighbors Growing Together | Oct 22, 2014
BUSINESS

Cambridge announces new Jim Guy Memorial Scholarship

Apr 07, 2014

Cambridge Investment Research Inc. has announced the new Jim Guy Memorial Scholarship program designed to award at least two annual $1,000 scholarships, with one focused on the son or daughter of a Cambridge employee and a second focused on the son or daughter of an independent Cambridge advisor. Applications will be accepted through April 30, with the scholarship funding intended for the summer or fall terms later this year.

“Cambridge is proud to honor our dear colleague and friend, Jim Guy, with these two annual scholarships,” said Cambridge’s president Amy Webber. “In addition to his success as an independent advisor and one of our firm’s executive leaders, Jim was a passionate mentor and coach to many employees and advisors. These annual scholarships extend his legacy to touch young people as they begin their career paths.”

Cambridge’s Jim Guy Memorial Scholarship program is now open and accepting applications through the end of April. Applicants must be the daughter or son of a Cambridge employee or advisor with selection based on the following criteria and weighting factors:

• Scholastic Achievement: High School GPA (40 percent);

• Scholastic Achievement: ACT/SAT Score (30 percent);

• Extracurricular Involvement (30 percent).

Completed applications should be returned to Cambridge for the attention of the firm’s corporate relations committee. Application forms are available through Cambridge by email at publicrelations@cir2.com or through the Greater Jefferson County Foundation.

Qualified applications will be considered immediately following the close of the application process in May with the intent for funding to be announced on or around May 15, with funding provided to the applicable college, university, or technical school for the summer or fall terms following the application process.

Preference among annual applicants may be given to fields of study focused on journalism or finance or woodworking in keeping with Jim Guy’s academic background, profession and personal interests. The applicant’s parent must be formally associated with Cambridge as an employee or advisor as of April 30 of the application year.

“Jim poured his heart and soul into Cambridge’s culture, values, and independence,” said Eric Schwartz, Cambridge’s chairman and CEO. “Many of us with Cambridge are fortunate to have great memories and learnings from years of Jim’s counsel, and these scholarships allow us to both appreciate our friend and share his passion for learning.”

Cambridge’s senior vice president of marketing, Dan Sullivan, led the development of the Jim Guy Memorial Scholarship program. Sullivan and Guy shared more than 30 years as friends and independent advisors, including serving together as members of Cambridge’s board of directors.

“I look forward to the exciting careers that will be launched in years to come as we continue to honor Jim,” said Sullivan. “His passing a year ago was a personal loss, but creating and sharing success is a highly positive and fitting tribute to his memory.”

Jim Guy joined Cambridge’s executive group in 1999, and served at the broker-dealer level while continuing to lead his independent practice based in Baltimore alongside his wife and business partner, Helen. In that time, Guy was a major force on the Cambridge board of directors and provided senior executive leadership for Cambridge’s recruiting and marketing. He was instrumental in the development of Cambridge’s fee-based programs, and he also focused on supporting and improving the independent rep-advisor’s business through practice management, marketing initiatives and product services that help streamline operations, accelerate revenue growth, and build practice equity, all of which were driven by his personal and professional conviction for business continuity and succession planning. The hearts and minds of those associated with Cambridge hold fond memories of Guy as their dear friend and colleague.

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