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Cantor Fitzgerald makes big splash in wealth management with First Commonwealth deal

Investment News

Renowned trading firm strikes a deal to acquire a bank-owned RIA with more than $2 billion in assets. And it's not finished. Here's what Cantor is looking for.

Cantor Fitzgerald, the storied trading firm, is starting to make inroads in the wealth management business.
In a move that signals its growth ambitions, the firm said Thursday that its new wealth management unit has agreed to buy the business of a bank-owned registered investment advisory firm that

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