Cantor Fitzgerald
Cantor Fitzgerald is a privately held global financial services firm founded in 1945 offering investment banking, equities and fixed income trading, prime services, and asset management to 7,000+ institutional clients across 30+ offices, with US Primary Dealer status and a top-ranked SPAC underwriting franchise.
- Company typePrivate
- Founded1945
- HeadquartersNew York, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Cantor Fitzgerald does
Cantor Fitzgerald, L.P. is a privately held global financial services firm founded in 1945, headquartered in New York, with 10,000+ employees across more than 30 offices in the United States, Ireland, the United Kingdom, Hong Kong, Japan, Singapore, the United Arab Emirates, and Israel. The firm operates across five core business lines: Investment Banking (ECM, DCM, M&A advisory, SPAC underwriting, convertibles issuance, ATM offerings), Equities (sales & trading, electronic execution via the Precision algo suite, derivatives, portfolio trading, convertibles), Fixed Income (US Treasuries as a Primary Dealer, structured products, credit, repo financing via HelixRepo), Prime Services (multi-asset clearing, execution, securities lending, margin financing through the Cantor Prime Portal), and Asset Management (traditional and alternative strategies following the 2025 acquisition of UBS's O'Connor platform with approximately $11 billion in invested assets).
The firm's underlying technology infrastructure is proprietary and spans multiple asset classes: eSpeed (a fully electronic trading platform originating as the world's first screen-based marketplace for US Government Securities in 1972), Precision (customizable algorithmic trading for US equities, FX, and US Treasuries), HelixRepo (repo trading and reporting), the Cantor Prime Portal (multi-asset, multi-currency reporting for finance, margin, risk, custody, and stock loan), Aqua (large-order execution), Cantor Direct (electronic trading connectivity), and Tracker Quants (index strategy analytics). Cantor generates revenue across professional services fees (investment banking), transaction-based fees (trading and prime services), and recurring asset management fees, serving an institutional client base of 7,000+ accounts reached through a 200+ person sales and trading force in New York, London, and Hong Kong.
Cantor's business model is anchored by regulatory privilege as one of only 25 US Primary Dealers for the Federal Reserve, durable institutional distribution, and an 80-year track record that includes top-ranked SPAC underwriting status and $125B+ raised in convertibles over 25+ years. The firm has been a recognized pioneer in electronic trading since 1972 and continues to expand into adjacent verticals including digital assets (Bitcoin Financing Business launched May 2025), real-world asset tokenization (via the Securitize SPAC), and alternative asset management (O'Connor acquisition). Following Howard Lutnick's 2025 confirmation as US Secretary of Commerce, Cantor transitioned ownership to the Lutnick family trusts and appointed Pascal Bandelier, Sage Kelly, and Christian Wall as Co-CEOs.
Cantor Fitzgerald firmographics
Firmographics- Name
- Cantor Fitzgerald
- Legal name
- Cantor Fitzgerald, L.P.
- Website
- https://cantor.com
- Company type
- Private
- Founded year
- 1945
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Cantor Fitzgerald is a privately held global financial services firm founded in 1945 offering investment banking, equities and fixed income trading, prime services, and asset management to 7,000+ institutional clients across 30+ offices, with US Primary Dealer status and a top-ranked SPAC underwriting franchise.
- Ownership category
- akta.pro rank
Cantor Fitzgerald industry classification
Industry- Product category
- Investment Banking and Capital Markets
- NAICS
- Investment Banking and Securities Intermediation (52315), Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Investment Banking and Securities Intermediation (523150)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282), Real Estate Agents & Managers (For Others) (6531), Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- Capital Raising Advisory (Equity & Equity-Linked) (FSAEAGAC)
- akta.pro secondary industries
- Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE), Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE), Securities Borrowing & Lending (Equities/Bonds) (FSACAIAC), Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB), Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)
Keywords
Where Cantor Fitzgerald is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices38 records
Markets served
Cantor Fitzgerald business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Investment Banking: Equity capital markets (IPOs, follow-ons, PIPEs, RDs, CMPOs, bought deals), debt capital markets, M&A advisory, SPAC underwriting and advisory, convertibles issuance, and ATM offerings. Cantor has completed thousands of transactions raising hundreds of billions since 2016.
- Equities Trading & Execution: Agency execution, matched principal transactions, electronic trading, derivatives trading, convertibles trading, and portfolio trading services for institutional investors across global markets
- Fixed Income Trading: Trading and broking of US Treasuries (as primary dealer), structured products, mortgage-backed securities, credit products (investment grade, high yield, distressed), municipal bonds, with repo financing services
- Asset Management: Traditional and alternative investment solutions including real assets, private markets, tax-advantaged real estate, growth and core equity, value and income equity, multi-asset, cash management, and impact/sustainability strategies for institutional and high-net-worth clients
- Prime Services: Full-service prime brokerage including multi-asset clearing, execution, financing (margin, securities lending, repo, synthetic financing, fully paid lending), capital introduction, and outsourced trading desk services
Go-to-market motion3 records
Distribution channels5 records
Marketing channels12 records
Cantor Fitzgerald product offering
Product offeringCore offering
Cantor Fitzgerald is a global financial services firm providing investment banking advisory and capital raising (ECM, DCM, M&A, SPACs, convertibles, ATM offerings), institutional equities sales and trading, fixed income trading as a US Primary Dealer, prime brokerage and financing, equity research, and traditional and alternative asset management. The firm serves corporations, financial sponsors, and institutional investors worldwide through a 200-person sales force and proprietary electronic trading platforms.
Product overview
Cantor Fitzgerald operates as a diversified financial services firm offering multiple product lines and sub-brands. The core business segments include Investment Banking (providing ECM, M&A advisory, debt capital markets, SPACs, and convertibles), Equities (sales & trading, research, derivatives, portfolio trading, and electronic trading via Precision algorithms), Fixed Income (US Treasury products, structured products, credit products), Prime Services (prime brokerage, clearing, and financing via Cantor Prime Portal), and Asset Management. The company also maintains a portfolio of specialized sub-brands and acquired companies including Ad/Fin (digital advertising analytics), Aqua (institutional trading services), Cantor Direct (electronic trading connectivity), Cantor Fitzgerald Capital and CCRE (real estate finance), CFSecured (financing and custody), Helix Financial Systems (securities finance software), Precision (algorithmic trading), Rodin (REIT services), and acquired brands such as Efficient Market Advisors, Flippin Bruce & Porter, and Smith Group Asset Management.
Differentiator
Problem solved
Functional benefit
Brands
- Cantor Prime Portal: Multi-asset, multi-currency reporting platform providing flexible data reporting, real-time and end-of-day finance, margin, risk, custody, stock loan, cash management, and operations data.
- Precision
- Precision Algo Suite
- Cantor Fitzgerald Asset Management
- Tracker Quants
- HelixRepo
Products and services
- Investment Banking Full suite of investment banking and capital-raising products and services including equity capital markets (IPOs, follow-ons, PIPEs, RDs, CMPOs, bought deals), debt capital markets, M&A advisory, SPAC underwriting and advisory, convertibles issuance, and ATM offerings for corporate clients and financial sponsors.
- Equities Sales & Trading Global Equities division providing institutional investors with agency execution, matched principal transactions, electronic trading, derivatives trading, convertibles trading, portfolio trading, and customized trading solutions across cash equities markets worldwide.
- Fixed Income Trading Fixed income sales and trading providing premier execution capabilities across US Treasuries (as primary dealer), structured products, mortgage-backed securities, credit products (investment grade, high yield, distressed), municipal bonds, with repo financing services for institutional clients.
- Equity Research In-depth equity research and specialized content focusing on healthcare and technology stocks, covering more than 500 companies across multiple sectors, providing innovative insights and expertise from leading analysts on the Street.
- Prime Services Full-service prime brokerage offering customized multi-asset clearing, execution, and financing capabilities (margin, securities lending, repo, synthetic financing, fully paid lending), capital introduction, and outsourced trading desk services via the Cantor Prime Portal technology platform for hedge funds, family offices, pension funds, and large institutions.
- Asset Management Traditional and alternative investment solutions including real assets, private markets, tax-advantaged real estate, growth and core equity, value and income equity, multi-asset, cash management, and impact/sustainability strategies for institutional and high-net-worth clients.
Quantifiable outcome
- Top-ranked bank on Wall Street for SPAC underwriting
- +2 more outcomes
Companies that use Cantor Fitzgerald
Customer profileSegments8 records
Ideal customer profiles4 records
Cantor Fitzgerald technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Cantor Fitzgerald partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core, minor and flagship.
- SecuritizecoreSecuritize completed SPAC merger with Cantor Equity Partners II (CEPT) raising approximately $400 million in gross proceeds. The combined company trades on NYSE under ticker SECZ starting July 2, 2026. Securitize tokenizes BlackRock's BUIDL fund ($3.1 billion+ in assets) and represents Cantor's entry into real-world asset tokenization infrastructure.
- Abu Dhabi Global Market (ADGM)minorCantor established a new office in ADGM, the International Financial Centre of Abu Dhabi, United Arab Emirates, expanding its presence in the Middle East.
- Samsung SecuritiesflagshipCantor and Samsung Securities signed a Memorandum of Understanding to explore strategic business opportunities across capital markets, brokerage, and financial strategies, reflecting shared commitment to expand cross-border financial services.
- Bitcoin Financing BusinesscoreCantor's Bitcoin Financing Business became fully operational in May 2025, executing initial trades and providing up to $2 billion of financing to institutional investors who hold Bitcoin, bringing scale and sophistication to crypto-backed financing.
- TethercoreTether and SoftBank Group partnered with Cantor Equity Partners to launch Twenty One Capital (NYSE: $XXI), a Bitcoin-native company through business combination with CEP. Twenty One launched with over 42,000 Bitcoin and plans to maximize Bitcoin ownership per share.
- SoftBank GroupcoreSoftBank Group partnered with Tether and Cantor Equity Partners to launch Twenty One Capital, a Bitcoin-native public company combining crypto treasury strategy with institutional backing.
- BlackRockcoreBlackRock selected Securitize (Cantor-backed SPAC target) as tokenization infrastructure partner for its BUIDL fund which has expanded to approximately $3.1 billion in total assets.
- Smith Group Asset ManagementminorCantor Fitzgerald Investment Advisors acquired the asset management business of Smith Group Asset Management, a Texas-based platform operating as a subsidiary under Stephen S. Smith's leadership, expanding CFIA's asset management offerings.
- Flippin, Bruce & PorterminorAcquired in June 2021, Flippin, Bruce & Porter provides investment management including large cap, value equity, equity income, and balanced portfolio management services for institutional and high net worth individuals.
- Efficient Market AdvisorsminorCantor Fitzgerald Investment Advisors acquired Efficient Market Advisors, LLC in March 2017. Founded in 2004, EMA specializes in construction of proprietary investment strategies using lower-cost, tax-efficient, liquid and transparent exchange-traded funds.
Scale indicators9 records
Recent moves11 records
Expansion highlights5 records
Cantor Fitzgerald competitors and assessment
Company assessmentDirect peers
- Jefferies Financial Group: Mid-size full-service investment bank with comparable equities, fixed income, investment banking, and research franchises. Cantor Sage Kelly previously led healthcare IB at Jefferies, and the firms compete head-to-head in middle-market ECM, M&A advisory, and convertible securities underwriting.
- Stifel Financial: Publicly traded diversified financial services firm with overlapping institutional brokerage, investment banking, and asset management businesses. Competes directly with Cantor in middle-market ECM, fixed income sales & trading, and wealth management.
- Houlihan Lokey: Elite middle-market advisory firm with strong M&A and capital markets capabilities. Competes with Cantor's M&A advisory and ECM franchises for mid-cap sponsor-led and corporate transactions.
- Moelis & Company: Boutique M&A advisory and capital markets firm with global reach. Competes directly with Cantor's M&A advisory business for middle-market and large-cap strategic and sponsor transactions.
- Piper Sandler: Mid-size investment bank with comparable investment banking, equities, fixed income, and asset management services. Directly competes with Cantor in healthcare and technology ECM advisory, sector research, and institutional brokerage.
- BGC Group: Cantor's publicly traded former affiliate (NASDAQ: BGC), spun out in 2004 and merged with eSpeed in 2008. Operates a comparable global brokerage and financial technology platform across fixed income, FX, equities, and commodities, and is led by the same ownership lineage.
- Newmark Group: Cantor's publicly traded real estate services affiliate (NASDAQ: NMRK) providing commercial real estate brokerage, advisory, and capital markets services. Directly comparable to Cantor's CCRE and Rodin real estate franchises.
- Rothschild & Co: Independent privately held global financial advisory firm with comparable M&A advisory, equity advisory, and private wealth/asset management offerings. Competes with Cantor in cross-border mid-market M&A and ECM advisory mandates.
Broad incumbents
- Goldman Sachs: Bulge bracket global investment bank offering the full suite of investment banking, equities, fixed income, prime, and asset management services. Competes with Cantor across all major franchises but with materially larger scale, balance sheet, and mega-deal capabilities.
Emerging players
- Galaxy Digital: Publicly traded crypto-native financial services and asset management firm trading, lending, and advising on digital assets. Most directly comparable to Cantor's Bitcoin Financing Business, Twenty One Capital involvement, and broader digital asset capital markets build-out.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks2 records
Key highlights7 records
Customer concentration
Cantor Fitzgerald social profiles
Digital presenceCantor Fitzgerald financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cantor Fitzgerald leadership team
Management profileNumber of profiles
Profiles8 records
Cantor Fitzgerald subsidiaries and ownership
Company hierarchySubsidiaries19 records
Cantor Fitzgerald funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cantor Fitzgerald M&A and investment
M&A and investmentM&A6 records
Investments23 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cantor Fitzgerald
What does Cantor Fitzgerald do?
Cantor Fitzgerald is a global financial services firm providing investment banking advisory and capital raising (ECM, DCM, M&A, SPACs, convertibles, ATM offerings), institutional equities sales and trading, fixed income trading as a US Primary Dealer, prime brokerage and financing, equity research, and traditional and alternative asset management. The firm serves corporations, financial sponsors, and institutional investors worldwide through a 200-person sales force and proprietary electronic trading platforms.
Is Cantor Fitzgerald a public or private company?
Cantor Fitzgerald is a private company. It is classified as family owned and is currently operating.
When was Cantor Fitzgerald founded?
Cantor Fitzgerald was founded in 1945. It employs 1,001 to 5,000 people.
Where is Cantor Fitzgerald based?
Cantor Fitzgerald is headquartered in New York, United States, in the North America region.
How does Cantor Fitzgerald make money?
Five revenue lines are on record. Investment Banking is the primary driver. The others are equities Trading & Execution, fixed Income Trading, asset Management and prime Services.
Who are Cantor Fitzgerald's main competitors?
Direct peers on record are Jefferies Financial Group, Stifel Financial, Houlihan Lokey, Moelis & Company, Piper Sandler, BGC Group, Newmark Group and Rothschild & Co. Goldman Sachs is listed as a broad incumbent. Galaxy Digital is listed as an emerging player.
Does Cantor Fitzgerald have an API?
No public API is recorded for Cantor Fitzgerald.
What industry is Cantor Fitzgerald in?
Cantor Fitzgerald's product category is Investment Banking and Capital Markets. Its primary akta.pro industry code is FSAEAGAC, Capital Raising Advisory (Equity & Equity-Linked), with a secondary code of BPAHAOAE, Equity Capital Advisory (Private Equity Placements, Growth Capital). Its NAICS code is 52315 and its SIC code is 6211.