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What We Are

We give unbiased, no-conflict-of-interest, honest advice. We help our clients build their net worth while keeping their values intact. We offer attentive service and solutions that are tailored to each person's unique needs. We work with people who want to build a long-term relationship with a financial advisor who cares about their future. Our client's success is our success. We are located in Tucson, AZ and serve clients virtually throughout the rest of the country. 

What We Are Not

We don't sell financial products on commission. We don't believe in get-rich-quick schemes. We're not insurance agents. We're not stockbrokers. We don't ignore assets we're not managing and we don't offer boilerplate solutions.



Penny Marchand, CFP®, EA Photo

Penny Marchand, CFP®, EA

Senior Advisor/Principal
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Senior Advisor/Principal

Penny Marchand, CFP, EA is the principal of Cambridge Financial Group, LLC. Penny started her career in financial planning in 1988.  She is a Certified Financial Planner, Investment Advisor Representative and is a graduate of the College for Financial Planning. She is also an Enrolled Agent with the Internal Revenue Service, Department of the Treasury. Penny has obtained the Series 7, 6, 63 and 65 securities licenses, as well as an insurance license. Penny is a member of the National Association of Personal Financial Advisors and is a founding member of the Alliance of Comprehensive Planners, a group of financial advisors dedicated to providing holistic, comprehensive financial planning. Penny served a three year term on the Board of Directors and also served as the President of the ACP Board.

Penny and her husband, Gaston, enjoy traveling and exploring new places. She enjoys tennis, biking, swimming and is a voracious reader.  

Alicia Klein, CFP®, EA Photo

Alicia Klein, CFP®, EA

Senior Advisor/Partner
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Senior Advisor/Partner

Alicia Klein is a Certified Financial Planner™.  She is a graduate from the University of Arizona - Eller College of Management with a BSBA in Marketing and has worked for Cambridge since 2011. Alicia specializes in tax strategy and savings, debt reduction plans and integrative investment plans. She is a Investment Advisor Representative and enrolled to practice before the IRS.

In her spare time, she enjoys traveling with her husband (Sam), skiing, yoga, and cooking for friends and family.

Cole McClarren, CFP®, EA Photo

Cole McClarren, CFP®, EA

Senior Advisor/Partner
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Senior Advisor/Partner

Cole is a Certified Financial Planner™, Investment Advisor Representative, and is enrolled to practice before the IRS. Cole is a graduate of Susquehanna University, where he earned degrees in Business Administration, with an emphasis in Finance, as well as Economics. Cole is also an active member of Mensa and Toastmasters.

Cole joined Cambridge Financial Group, LLC in 2013. He specializes in Stock Option planning, investments, goal setting, and cash flow management.

Outside of work, Cole enjoys spending time with wife (Mickey), reading, riding his bike, and figuring out how to fix things around the house from YouTube. 

Bonnie Courtney, CCO, IAR Photo

Bonnie Courtney, CCO, IAR

Operations Manager/Partner
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Operations manager/Partner

Bonnie is our Operations and Client Service Manager at Cambridge Financial Group, LLC. Prior to joining CFG, her career began in 1988 as a Financial Planner and Registered Representative with her own practice in Santa Barbara, CA. After taking time off to raise her young children, she re-licensed and re-entered the Financial Services industry and is currently an Investment Advisor Representative.

Her primary focus at Cambridge Financial Group includes day to day office operations and compliance. When it comes to client services, her intent is to be hard-working, caring and to provide outstanding client support.

In her free time, Bonnie enjoys spending time with her daughters and husband. She loves traveling, hiking, being outdoors, Barre3 and a good laugh with friends.

Brandon Hodgeson, CFP®, EA Photo

Brandon Hodgeson, CFP®, EA

Lead Advisor
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Lead Advisor

Brandon is a Certified Financial Planner™ who has been in the financial industry since 2010. He joined Cambridge Financial Group in 2017. He graduated from the University of Arizona in 2010 with a degree in Spanish. Brandon is an Enrolled Agent with the IRS. 

Brandon and his wife, Tiffany, have twin sons, Levi and Colt. He and his family love to travel and spend time outdoors together. Brandon enjoys hunting, fishing, backpacking and playing the guitar.

Lauren Mishra, PHD, CFP®, EA Photo

Lauren Mishra, PHD, CFP®, EA

Associate Advisor
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Lauren Mishra, PHD, CFP®, EA

Associate Advisor

Lauren Mishra is a Certified Financial PlannerTM and a member of the National Association of Personal Financial Advisors as well as the XY Planning Network. She completed a doctorate at the University of Michigan in Medicinal Chemistry and worked as a synthetic pharmaceutical chemist before changing careers to focus on financial planning. 

Lauren joined Cambridge Financial Group in 2020. She specializes in debt management, budgeting, and goal setting.   

Outside of work, Lauren and her husband and two small children love to be outdoors hiking, swimming, golfing, and skiing.

Cheryl Collins, FPQP Photo

Cheryl Collins, FPQP

Client Services
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Client Services

Cheryl has started a new chapter in her life in a totally new industry with Cambridge Financial Group.  Having spent most of her professional career in the retail industry she worked up from a sales associate to store manager to buyer.  She left retail to raise her daughter and son.  She comes to CFG from working in the Beauty industry for over 18 years as a salon manager.  Cheryl has always prided herself on great customer service in all facets of experience.

At CFG, Cheryl is our paraplanner and receptionist and the person you will be in contact with regarding scheduling and ongoing meeting preparation.  

Outside of CFG Cheryl enjoys spending time with her husband, Dale. She loves visiting her daughter, Stephanie, who lives in Boulder, CO and her son, Sean, and his wife, Shakayla, in Mission Viejo, CA.  She is an avid quilter who loves to read, attend Zumba classes and watch old movies.

Jeemin Patel Photo

Jeemin Patel

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Jeemin Patel


Jeemin graduated from the University of Arizona in 2021 with a BS degree in Personal and Family Financial Planning. He currently seeks to obtain the Certified Financial Planner designation.

Jeemin loves looking at what modifications he can make to his car and helping friends work on theirs. He also likes gaming and traveling to different beaches to go swimming.

Courtney Reyes, FPQP Photo

Courtney Reyes, FPQP

Client Service Specialist
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Client Service Specialist

Courtney is the Client Service Specialist at Cambridge Financial Group, LLC. She graduated from the University of Arizona in 2017 with a Bachelor’s Degree in Criminal Justice with Honors, a Bachelor’s Degree in Public Management and Policy, and a minor in Psychology. She spent a little over four years living abroad in Okinawa, Japan where she gained experience in the tax field and discovered her passion for finance. She is currently pursuing her Financial Paraplanner Qualified Professional designation.

In her free time, Courtney enjoys country dancing, rock climbing, and spending quality time with heR daughter.

Rebecca Morin Photo

Rebecca Morin

Accounting Manager
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Account Manager

Rebecca is the Account Manager at Cambridge Financial  Group, LLC.  Rebecca has spent over 25 years in the business world working in various administrative and managerial roles. Having also been a business owner for 9 years, she is accustomed to offering a high level of service and commitment to her clients.

When she’s not working, Rebecca’s passion is for music, theatre, movies, and the great outdoors. She loves spending time with her friends and family, and of course her Cocker, Lucy, is always at her side.




Cash Flow Management

We will help you develop a spending plan that will ensure you're not living above your means. You will then be able to anticipate and meet funding needs in areas such as your children's education, retirement and other long-term goals.  



Education Funding

We can help you explore and analyze the numerous options available for funding education, such as UGMA accounts, Educational IRAs, 529 plans and employee benefit plans.  



Estate Planning

We will review your estate planning needs, existing wills and trusts and recommend steps you can take to maximize the benefits to your heirs while minimizing the tax liability on your legacy.



Employee Benefits

We can provide strategies for exercising stock options, maximizing the tax benefits of flexible spending accounts and achieving an effective balance of retirement accounts and taxable investments.



Retirement Planning

Retirement planning has two phases; accumulation and actual retirement. During the accumulation phase we assist clients in setting goals and implementing strategies to meet them. We help our retired clients enjoy the lifestyle they’ve earned.




After reviewing your current policies, we can offer unbiased judgment on whether they meet your needs. If additional policies are warranted, we can suggest options objectively, since we do not sell any products. 


Investment Advisory Services

Our foremost concern is your success, not product sales. We will use our expertise to develop an effective investment strategy designed to reach your objectives while reflecting your tolerance for risk.



Tax Planning & Preparation

We prepare your personal income taxes and provide you with professional tax-planning advice year-round. By teaching you how to reduce your taxes, tax savings often offset our annual retainer fee.

Open Retainer

An Open Retainer provides holistic/comprehensive financial planning for a fixed fee over the course of one year. Services provided may include, but are not limited to: tax preparation, tax planning, insurance review, inventory of assets, analysis of financial goals, portfolio analysis, development of an asset allocation strategy, no-load mutual fund recommendations, retirement planning and estate plan reviews. More Info


EdgeAhead is designed for Young Professionals who have important financial questions, but do not have the assets to warrant a full-time financial advisor. More info:  Financial Review Contract

Financial Review

Financial Reviews consist of three-hours of appointment time and concentrate on specific topics of interest to the client. The Financial Review is an excellent way to begin the financial planning process. Your questions get answered and both you and the Advisor can determine if ongoing planning services are warranted. 

The fee for this service is $2,000. If a client wishes to upgrade to the Open Retainer option, they may receive credit toward their Open Retainer for fees paid for a financial review within the prior thirty days. Financial Review ContractFinancial Profile




6700 N Oracle Rd Ste 324
Tucson, AZ 85704


(520) 531-0550

Toll Free Number

(888) 705-5692


(520) 531-1315
Check the background of this firm on FINRA’s BrokerCheck.