Cantor Fitzgerald Investment Banking

hcumberdale's picture
Rank: Chimp | 12

Does anyone have an opinion/ any information on the quality of Cantor Fitzgerald's (small) IB group? I've heard it's about 50 people nation-wide. Anybody know someone who works there, or has worked there?

Please no posts about their loss in 9/11. This is covered plenty elsewhere.

Thanks

Comments (28)

Nov 23, 2010

I worked there for years. While I enjoyed it, I would not suggest going to work for the IB. Additionally, Howard is not the easiest person to work for. Although I doubt you will be reporting to him, your boss most likely will and he is notoriously controlling.

On the other hand, it may be a good place to start as long as you keep looking for another job and plan to leave there within a year. Lastly, you may already know this, you will be paid horribly.

Dec 7, 2010

Thanks for the input.

    • 1
Aug 29, 2013

i've generally seen a lot of negative discussion about cantor on this forum yet its #39 on vault. i really dont wanna talk about rankings right now but i wanna know how the firm is perceived today

Aug 29, 2013

Haha, I wondered the same thing after the apprentice last night.

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Aug 29, 2013

Off topic, but weren't they on the top floors of the former WTC and 2/3 of the employees lost their lives on that day? Sad story...

Aug 29, 2013

lost over 600 people. Very sad.

Aug 29, 2013

I've seen them as co-managers on some shipping deals but not much else.

Aug 29, 2013

Yeah, they mentioned that on the apprentice. They had like 5 floors in the WTC, lost hundreds of employees, including the CEO's brother.

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Aug 29, 2013

went to a Jets game with a family friend who did well on the street early on, turned to the non-profit world, and is now re-entering the finance sector at Cantor Fitzgerald.

The guy was like ashamed...went on and on about how they are a crappy firm, but he had been out of the game a while and was just trying to get back in. I've never heard someone so begrudgingly accept a job...

I know they were also decimated by 9/11 as they were one of the firms hit the hardest in the towers. Based on this guys words, I'm not sure where they were before the tragedy, but it seems like they haven't made up any ground lost.

Also, not sure what you want, but I'm pretty sure they have no corporate finance, just s & t.

Best Response
Aug 29, 2013

there are other brokers if you're interested in them...i know a bunch of brokers, they're sort of our sales coverage

Aug 29, 2013

Thanks raider and jim...
But Jim, i wanna know abt Cantor in specific...how is it... i know they got decimated in 9/11 lost abt 660 employees....but how are they today?
reputation? work? salary?

    • 1
Aug 29, 2013

they're a very strong broker in certain products. and weaker in others. same is true for ICAP, GFI, Tullet all the players.

I have no idea about what their salaries are like...top brokers at any of these shops can make a lot of money. banks pay a lot of bro.

Aug 29, 2013

Thanks mate...

Aug 29, 2013

no worries

Aug 29, 2013

I've heard very positive feedback on these guys

Aug 29, 2013

Anything specific?

Aug 29, 2013

They were the firm hardest hit by 9/11. Around half of the people there died I think.

Aug 29, 2013
CashCow:

They were the firm hardest hit by 9/11. Around half of the people there died I think.

thought the hardest hit firm was Sandler O'Neill? They lost a third of their employees including their founder

Aug 29, 2013

Cantor is overwhelming a debt / fixed income house.

Aug 29, 2013

Do you know anyone in their IBD?

Aug 29, 2013

Traditionally a 3rd market brokerage, (Knight, Jefferies, et al), like JeffCo they are trying to move towards becoming full-service IB.

And per wikipedia, they lost 658 employees in 9/11, which was 2/3rds of their workforce.

Aug 29, 2013

bump

Aug 29, 2013
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Aug 29, 2013
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